BP Egypt has been awarded three new exploration blocks in the 2015 Egyptian Natural Gas Holding Company (EGAS) bid round, the company has announced.
BP and its partners have committed to invest a total of $229 million in the block
BP Egypt has won two new exploration blocks as a result of the 2013 EGAS bid round, where the company and its partners have committed to invest a total of $240 million in the blocks over different phases.
The Block 3 – North
Oman has invited foreign oil companies to bid for exploration and development rights in six oil blocks around the country, the oil ministry said on Tuesday, as it pushes to raise production to 1 million barrels per day.
Oman plans to invite international oil firms to develop five onshore and offshore oil blocks in the country on a production-sharing basis, the Gulf state's oil minister said on Sunday.
"We will invite companies to develop two offshore and