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Oil & Gas

Egypt signs $10 mn E&P agreement with Rockhopper, Kuwait Energy, Dover

MOP-Abu Sennan
Posted: September 16, 2018 at 3:16 pm   /   by   /   comments (0)

The Egyptian General Petroleum Corporation EGPC signed a USD 10 million agreement with British Rockhopper Exploration, Kuwait Energy and Canada’s Dover Corporation for oil and gas exploration in the Abu Sennan concession in the Western Desert, according to an Oil Ministry statement on Saturday. The agreement entails the drilling of four wells and includes a USD 2 million signing bonus.

(Ministry Press Release)

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