Egypt signs two Mediterranean deals with Exxon Mobil - ministry
Share:
CAIRO (Reuters) - Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of $332 million (252.59 million pounds), the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1.7 million acres last month.The first agreement is for exploration in the North East Amriya block, with a minimum investment of $220 million, the ministry said.The second is..