Egypt recently signed four new agreements to search for oil and gas in the regions of Western Sahara, the Gulf of Suez and the Nile Valley, with a minimum investment of $155 million, and signature grants of about $10.5 million, including drilling 30 wells.
For more information, please see https://www.egypttoday.com/Article/3/79046/Egypt-signs-4-oil-gas-agreements-with-investments-of-155M
