Egypt to hold global tender for oil exploration

Cairo – Mubasher: General Petroleum Co (GPC) announced on Sunday that it will hold a global auction for oil exploration and production in Egypt’s Eastern desert.

The deadline for submitting bids will be on 28 December, according to an announcement in Al-Ahram newspaper.

The available areas for exploration include the 50-kiliometre Wadi Dara and the 20-kilometre Block G in West Gharib.

Mubasher Contribution Time: 13-Aug-2017 11:00 (GMT)
Mubasher Last Update Time: 13-Aug-2017 11:01 (GMT)