The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS). This bidding aims to explore natural gas and crude oil in 12 sectors across the Mediterranean Sea and the Nile Delta, covering 10 marine sectors and two land sectors. This endeavor aligns with the Ministry's strategy to attract new investments to Egypt by leveraging opportunities in gas and oil exploration. Minister Karim Badawi unveiled a new incentive package designed to boost crude oil and natural gas production, underscoring the sector's dedication to fostering a favorable investment environment and encouraging partners to increase their investments. Source: State Information Service Egypt
King Abdullah II and Iraq’s Prime Minister Discuss Regional Cooperation in New York
New York:King Abdullah II of Jordan held a meeting with Iraq’s Prime Minister Ali Zaidi on Tuesday during the 81st Session of the United Nations General Assembly in New York.
According to Jordan News Agency, the meeting was also attended by Crown Pri…