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

Egypt: New Bid at 12 Blocks in Mediterranean, Nile Delta on Oil and Gas Exploration

Mediterranean Oil Nile Delta Petroleum Mediterranean Sea
The areas shaded in red are for the new tender for oil and gas exploration in the Nile Delta and the Mediterranean Sea. (Asharq Al-Awsat)

Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the petroleum minister announced on Tuesday.

Tarek El-Molla said the tender was set for 12 blocks, split evenly between onshore and offshore.

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