AGBI

Egypt awards vast oil exploration survey to Saudi company

Egypt has awarded a contract to a Saudi Arabian company to conduct an extensive seismic survey for oil across a tenth of the North African country. Petroleum and mineral resources minister Karim Badawi said several companies vied for the project, which forms part of Cairo’s bid to maximise hydrocarbon deposits. The survey covers 110,000 square […]

By AGBI

1 min read

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