Reuters: Regulatory News: Egypt says awards oil, gas prospection contracts

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Egypt says awards oil, gas prospection contracts Apr 16th 2013, 08:45 CAIRO, April 16 | Tue Apr 16, 2013 4:45am EDT CAIRO, April 16 (Reuters) - Egypt said on Tuesday it awarded contracts for a minimum investment of $1.2 billion in eight oil and gas prospection projects in the Mediterranean Sea off its northern coast. A statement from the ministry of petroleum said the awards were the result of an international tender which received 13 offers from domestic and foreign companies. The firms, including BP, Petroceltic International , Edison, Sea Dragon, Dana Gas and Pura Vida Energy, would pay $73.2 million for the licences.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions