Business

Three oil agreements with investments of USD 47 million

Petroleum Minister Eng. Sherif Ismail inked three new agreements for prospecting for petroleum and natural gas in the two regions of the Western Desert and Nile Delta with the Tunisian Company HPS and the French Company Total Global.

The three agreements' investments hit $47 million, of which $23 million had been allocated for digging 10 new wells.

 
 

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