Chevron, Shell win blocks in Egyptian maiden Red Sea licensing round

Chevron, Shell win blocks in Egyptian maiden Red Sea licensing round
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16.01.2020

MOSCOW (MRC) -- Chevron and Shell have been awarded oil and gas exploration concessions in Egypt's first ever Red Sea licensing round, the country's petroleum ministry said Sunday, according to S&P Global.Chevron was awarded Block 1 and Shell Block 2, while Block 4 was awarded jointly to Shell and the UAE's Mubadala Petroleum, the ministry said.The three blocks cover a total exploration a

Full article at mrcplast.com

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