
Ganoub El-Wadi Petroleum Holding Company is negotiating with five companies to collect geophysical data at a value of $1bn
This list includes PGS, CGG, KGS, Schlumberger, and Nageco
This list includes PGS, CGG, KGS, Schlumberger, and Nageco
Ganope Chairman Abu Bakr Ibrahim told Daily News Egypt the new bid is awaiting approvals from the relevant entities regarding the sites, their number, and areas.
Although there will be a $2bn in debts to foreign partners by year end, ministry has paid back $11.2bn to foreign companies during FY 2013/2014
Recent fuel price rise may provide incentive for investments in exploration in Egypt