Egypt signs oil and petroleum agreements worth $506 million

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The agreements are for exploration and production in its eastern desert and western deserts with TransGlobe Energy Corporation and Pharos Energy.

21.01.22 | Source: GDN online

Egypt has signed crude oil and petroleum agreements worth $506 million for exploration and production in its eastern desert and western desert regions with TransGlobe Energy Corporation and Pharos Energy , the petroleum ministry said in a statement on Thursday.

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