Egypt Awards Four Offshore Gas Blocks Following August 30tcf Discovery

...ypt, accounting for roughly one third of Egypt’s 4.24bn cfd of gas output. But output has been on the decline, falling to just 1.53mn cfd last year, with output from the BP/Eni fields down by a total of 524mn cfd since 2011. Of the four producing Eni/BP offshore Nile Delta concessions, only North Po...