6 Onshore and 3 Offshore areas will be made available in the EGAS 2018 (Q2) Licence Round. Egypt is gearing up for a renewed surge in investment and exploration activity, it won’t be long until dates are formally announced. An additional round for the Red Sea is proposed for the end of 2018.
With low operating costs, a recovering oil market and strong demand for gas, Egypt is a ‘hot’ country to be in. Lynx/Fairway provides a complete regional Egypt GIS Exploration Adviser package for your company to update your knowledge base and hit the ground running with an up to date overview of the exploration history of Egypt, new discoveries and prospective hydrocarbon plays – contact us to find out more.