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Oil & Gas

Red Sea Bid Round results to be announced this month – El Molla

Red Sea
Posted: December 5, 2019 at 2:11 pm   /   by   /   comments (0)

The Oil Ministry will announce the winners of the Red Sea exploration and production bid round this month, Minister Tarek El Molla told Youm7. The tender comprises 10 oil and gas exploration blocks, and was launched by the South Valley Egyptian Petroleum Holding Company (Ganope) back in March.