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Sunday, May 11, 2025 12:20 GMT

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Egypt Approves Oil & Gas Agreements


Egypt approved three binding oil and gas agreements to drill 13 wells with investments worth US$319.5 million, the cabinet said in a statement on Thursday.

The agreements include two projects to search for gas and crude oil in the Mediterranean Sea, and one project to search for oil west of Gulf of Suez.


published:30/07/2023 09:41 GMT

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