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Oil & Gas

Shell, BP bidding for three E&P blocks in Western Desert and Gulf of Suez

Posted: October 4, 2016 at 3:26 pm   /   by   /   comments (0)

2016-bid-roundRoyal Dutch Shell and BP are reportedly competing for E&P licenses in three blocks in the Western Desert and the Gulf of Suez as part of a tender by the EGPC, an unnamed source told Al Mal.

Shell has reportedly already sent offers for two blocks in the Western Desert, while BP is bidding for one block in the Gulf of Suez.

(Source: Enterprise.press)

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