Round extended for 15 blocks in Egypt

Dec. 22, 2011
Egyptian General Petroleum Corp. has extended by 2 months a bidding round launched in September for 12 onshore and 3 offshore blocks in Egypt.

Egyptian General Petroleum Corp. has extended by 2 months a bidding round launched in September for 12 onshore and 3 offshore blocks in Egypt.

The round now will close on Mar. 29, 2012.

EGPC is offering production sharing agreements for seven blocks in the Western Desert, three blocks in the Eastern Desert, two blocks in Sinai, and three blocks in the Gulf of Suez.