Russian oil giant to expand presence in Egypt

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Lukoil will drill six exploratory wells in the North African state under a new exploration agreement Russian oil company Lukoil has signed a new agreement with South Valley Egyptian Petroleum Holding Company (Ganope) to begin oil exploration in the Eastern Desert, Egypt’s Ministry of Petroleum and Mineral Resources announced on Wednesday.   The deal entails carrying out 3D seismic surveys across an area of 200 square kilometers and drilling six exploratory wells in the South Wadi El-Sahl, an

Russian oil giant to expand presence in Egypt https://www.rt.com - 26.06.2025 16:08

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Russian oil giant to expand presence in Egypt https://www.rt.com - 26.06.2025 16:08