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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

Egypt: BP Awarded New Offshore Exploration Block in Western Mediterranean

Egypt Mediterranean Mediterranean Sea Natural Gas Nile Delta
A map showing the concession area Egypt granted to BP to explore for gas in the western Mediterranean. (Asharq Al-Awsat)

BP has won gas exploring rights in Egypt's offshore King Mariout concession in the western Mediterranean, the British-based company said in a statement on Tuesday.

This comes following its successful participation in 2021’s limited bid round organized by the Egyptian Natural Gas Holding Company.

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