Egypt

Petroleum: Developing the system of petroleum agreements to attract investments in high -risk research areas

The Egyptian Natural Gas Holding Company signed & quot & quot; A memorandum of understanding in the first letters with & quot; Exxon Mobil Egypt Epsterim & quot; To lay the foundations for the new agreements system and start working on the event of the company & quot, Exxon Mobil Egypt Epistream & quot; Positive results in the regions & quot; Cairo & quot; Navy and & quot; Egyptian & quot; The Navy in the Mediterranean, which the company won in November 2023. In those virgin areas, with the necessary approvals in this regard from the concerned state agencies. Companies face them in those areas. Companies in the implementation of exploratory operations seriously, as this system will allow the government and companies sharing the expected gains in the case of achieving significant discoveries and achieving greater profits than expected and putting the government’s share in the global market, and the ministry does not spare no effort towards providing all necessary support to serious companies to pump new investments in the framework of the Ministry’s endeavor to increase production volume and meet the different consumer and development needs. & nbsp;

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  • Source of information and images “rosaelyoussef”

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