Egypt signs over $340 million in oil and gas exploration deals

13:34 | 593

Egypt has signed four agreements with international companies worth over $340 million for the exploration of oil and gas fields in the Mediterranean Sea and the Nile Delta.

SİA informs via The Times of Israel that, according to Egypt's Ministry of Petroleum, the agreements include a deal with Shell worth $120 million and a deal with the Italian company Eni worth $100 million.

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