FE Today Logo

Egypt signs oil, gas exploration deal with Shell, Petronas

September 16, 2018 00:00:00


CAIRO, Sept 15 (Reuters): Egypt has signed a deep-water oil and gas exploration deal with Royal Dutch Shell and Malaysia's Petronas worth around $1 billion for 8 wells in the country's West Nile Delta, the petroleum ministry said on Saturday.

Country also signed a second $10 million deal with Rockhopper, Kuwait Energy and Canada's Dover Corporation for exploration in the Western Desert, a ministry statement said.


Share if you like