Russia’s Zarubezhneft joins two offshore oil blocks in Egypt

The resources of the blocks are estimated at more than 200 million barrels.

(Reuters) – Russian state-owned oil and gas producer Zarubezhneft said on Tuesday it has joined two offshore oil blocks in Egypt under a production-sharing agreement.

It said the resources of the blocks – South East Ras El Ush and East Gebel El Zeit – are estimated at more than 200 million barrels.

Zarubezhneft plans to drill two exploration wells at the blocks.

(Reporting by Polina Devitt; Writing by Vladimir Soldatkin; Editing by Hugh Lawson)

Egypt Signs Four E&P Agreements with
$155 M

The first agreement is with the EGPC and Eni’s IEOC for E&P in the Southeast of Siwa in the Western Desert.

Alarabiya

مصر تبرم اتفاقيات تنقيب عن
النفط والغاز بـ 155 مليون دولار

"قالت وزارة البترول المصرية يوم الأربعاء إن الوزير طارق الملا وقع أربع اتفاقيات."

Operations

Our production and exploration assets are strategically located in one of the most fertile oil regions in Egypt

Responsibility

We are ambitious and progressive with a clear aim and vision towards growth and sustainability

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Our team is ambitious and passionate with more than 150 years of collective experience

Russia’s Zarubezhneft joins two offshore oil blocks in Egypt

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Egypt Signs Four E&P Agreements with $155 M

مصر تبرم اتفاقيات تنقيب عن النفط والغاز بـ 155 مليون دولار

Operations

Responsibility

Leadership

Egypt Signs Four E&P Agreements with
$155 M

مصر تبرم اتفاقيات تنقيب عن
النفط والغاز بـ 155 مليون دولار