Cabinet approves 17 oil and gas E&P agreements between Egypt and IOCs

CABINET WATCH- The Madbouly Cabinet approved yesterday 17 oil and gas exploration and production agreements EGPC, Ganope, and Egas signed with unnamed international companies, according to an official statement. The E&P agreements cover concessions in west Fayoum, north Beni Suef, the Gulf of Suez, and the Western Desert, among others. Ministers also signed off on a presidential pardon for an undisclosed number of prisoners ahead of the 6 October holiday.