EGYPT

Egypt Awards Four Offshore Gas Blocks Following August 30tcf Discovery

Egypt’s state gas firm EGAS this week awarded four of the 12 offshore blocks on offer in its latest bid round to the UK’s BP, Italian firms Eni and Edison and France’s Total, as the four firms look to add to their already well-established East-Mediterranean portfolios.

The awards come barely a month after Eni’s 30 tcf Zohr discovery in the Shorouk permit (MEES, 4 September). Tellingly the...