Fresh bidding round and large gas finds offer hope for Egypt’s upstream


In depth
Issue 476 - 23 Jan 2023 - By John Hamilton | 7 minute read

In the teeth of a severe and worsening currency crisis, Cairo has doubled down on its approach to hydrocarbons sector development, launching a new upstream bidding round, signing a number of bilateral exploration agreements and announcing two significant gas finds. Its regional energy hub plan has also received a boost, writes John Hamilton.

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