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Exploration

Egypt has become a big gas producer in recent years, attracting huge investment from the majors. But upstream conditions are ripe too for aspiring and upcoming international oil and gas companies.

p>Egypt has become a big gas producer in recent years, attracting huge investment from the majors. But upstream conditions are ripe too for aspiring and upcoming international oil and gas companies.

AEGEAN ENERGY HAS acquired 100% of the East Magawish block concession in the Gulf of Suez from Thani Egypt East Magawish.

p>AEGEAN ENERGY HAS acquired 100% of the East Magawish block concession in the Gulf of Suez from Thani Egypt East Magawish.

UK INDEPENDANT DANA Petroleum plans to drill an exploration well this year in the South October concession in the eastern Gulf of Suez offshore Egypt.

p>UK INDEPENDANT DANA Petroleum plans to drill an exploration well this year in the South October concession in the eastern Gulf of Suez offshore Egypt.

Enel and Egypts Ministry of Petroleum signed a memorandum of understanding on oil and gas exploration in Egypt where Italys biggest utility aims to boost resource supplies.

p>Enel and Egypts Ministry of Petroleum signed a memorandum of understanding on oil and gas exploration in Egypt where Italys biggest utility aims to boost resource supplies.

SINOPEC HAS INKED a deal to acquire a stake in Block 18, in Angola, from its parachute company, China Petrochemical Corporation.

p>SINOPEC HAS INKED a deal to acquire a stake in Block 18, in Angola, from its parachute company, China Petrochemical Corporation.

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