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Asharq Al-Awsat

Business

Asharq Al-Awsat

Egypt Says Plans 3 Tenders for Oil and Gas Exploration, Production in 2023

Egypt Oil Petroleum Show

Egypt's Minister of Petroleum and Mineral Resources Tarek El Molla speaks during the Saudi Green Initiative Forum in Riyadh, Saudi Arabia, October 23, 2021. REUTERS/Ahmed Yosri

Egypt plans to offer three international tenders for oil and gas exploration and production in 2023, Petroleum Minister Tarek El Molla said on Sunday.

"Egypt plans to hold three international tenders in 2023 for oil and gas exploration and production," he said at the opening ceremony for the Egypt Petroleum Show.

The Show is held under the patronage and attendance of Egyptian President Abdel Fattah El-Sisi at the Egypt International Exhibition Center.

It is set to last through February 15 and bring together more than 30,000 oil and gas industry representatives from at least 60 countries.

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