Deadline for Egypt’s International E&P Bid Round extended till 30 September

The deadline for Egypt’s first international oil and gas E&P tender of 2021 will be on 30 September, Oil Minister Tarek El Molla announced during a panel session organized by the American Chamber of Commerce in Egypt (AmCham Egypt). Several international oil companies had requested that the deadline be extended from the previously announced date of 1 August.

The Egyptian General Petroleum Company (EGPC) and Egyptian Natural Gas Holding Company (EGAS) are offering 24 blocks at the Gulf of Suez, the Western Desert, and the Mediterranean through the Egypt Upstream Gateway (EUG), which allows IOCs to expand their exploration and production activities via geological data.