Egypt 2022 oil and gas licensing round awards

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

Issue 453 - 11 Jan 2022 - By John Hamilton | 4 minute read

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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