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Majors keep their feet on the ground as Cairo’s latest licensing round disappoints


Issue 453 - 11 Jan 2022 - By John Hamilton

Eni and BP were among the winners in Egypt’s latest upstream bid round. But most blocks on offer went unawarded, as the Ministry of Petroleum failed in its ambition to open up major exploration frontier in the Mediterranean Sea. Instead, bidders stuck closely to areas they already knew

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