Egypt Inks 6 O&G Exploration Agreements for $2.3B.Summary: Egypt's Oil Ministry confirmed Sunday that it has signed exploration agreements with three oil and gas companies totaling $2.3 billion, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report by Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July . Egypt's Oil Ministry confirmed Sunday that it has signed exploration agreements with three oil and gas companies totaling $2.3 billion, according to a report by Dow Jones Newswires.Aa <p>A ministry spokesman told Zawya Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance that the six exploration deals were awarded to BP, IEOC, a unit of Italy's Eni, and Tharwa Petroleum Co. The areas targeted in the exploration agreements comprise the Nile Delta, the Eastern Desert and the Gulf of Suez Noun 1. Gulf of Suez - a northwestern arm of the Red Sea linked to the Mediterranean by the Suez Canal Red Sea - a long arm of the Indian Ocean between northeast Africa and Arabia; linked to the Mediterranean at the north end by the Suez Canal , the report noted. Copyright UMCI News Provided by Syndigate.info an Albawaba.com company |
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