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Egypt extends contract with Lukoil for Eastern Desert oil concession

Egypt extends Lukoil's contract for the West Esh El-Milaha oil field, boosting production and attracting significant foreign investment.
20.12.23 | Source: oil and gas middle east

In a pivotal move, Egypt’s Ministry of Petroleum is set to extend its contract with the Russian company, Lukoil, for the development of the “West Esh El-Milaha” concession in the Eastern Desert.


This decision comes on the heels of the recent expiration of the company’s 25-year development contract in the region.

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