Egypt Launches Int’l Bid for Oil, Gas Exploration in Mediterranean, Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) on Tuesday announced launching a new International Bid Round for Oil and Gas Exploration for the year 2024 in 12 blocks in the Mediterranean and Nile Delta, according to the Ministry of Petroleum and Mineral Resources.

The bid includes 10 offshore and two onshore regions, the ministry said, adding that bids could be submitted through the Egyptian Upstream Gateway (EUG) by visiting the following hyperlink (https://eug.petroleum.gov.eg).

The bid falls…