{"id":665564,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/oil-ministry-receives-more-bids-for-mediterranean-exploration-blocks\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"oil-ministry-receives-more-bids-for-mediterranean-exploration-blocks","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/20\/oil-ministry-receives-more-bids-for-mediterranean-exploration-blocks\/","title":{"rendered":"Oil Ministry receives more bids for Mediterranean exploration blocks"},"content":{"rendered":"\n<p class=\"tag-border-left\">ENERGY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The Oil Ministry<\/strong><strong> has received two bids for seven exploration blocks in the Mediterranean<\/strong>, an unnamed official told <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/05\/19\/%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D8%AA%D9%84%D9%82%D9%89-%D8%B9%D8%B1%D8%B6%D9%8A%D9%86-%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-7-%D8%A7%D9%83%D8%AA%D8%B4%D8%A7%D9%81%D8%A7%D8%AA-%D8%BA%D8%A7%D8%B2%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The reported offers follow <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69732c4a-c872-4814-bb50-8a2c50a1973b\/el-sisi-ratifies-new-labor-law\" style=\"\" rel=\"noopener\">unconfirmed media reports<\/a> earlier this month that international oil giants Chevron, Shell, and Eni had submitted offers for exploration blocks in the Mediterranean.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> Egyptian Natural Gas Holding Company launched bids for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0cd315b9-f330-4173-8492-6cba27b83e8d\/stellantis-in-talks-with-gov%e2%80%99t-to-start-assembling-fiat,-citroen,-and-opel-models-locally.-plus:-sodic,-cib-+-chemicals-&amp;-fertilizers-export-council,-misr-ins.,-eaton,-msmeda\" style=\"\" rel=\"noopener\">12 new oil and gas<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0cd315b9-f330-4173-8492-6cba27b83e8d\/stellantis-in-talks-with-gov%e2%80%99t-to-start-assembling-fiat,-citroen,-and-opel-models-locally.-plus:-sodic,-cib-+-chemicals-&amp;-fertilizers-export-council,-misr-ins.,-eaton,-msmeda\" style=\"\" rel=\"noopener\">exploration blocks<\/a> in the Mediterranean and Nile Delta in August last year, offering 10 offshore and two onshore areas. Technical and financial offers will be evaluated and the blocks will be awarded during the first quarter of the fiscal year 2025-26.<\/p>\n<p class=\"tag-border-left\">EXPANSION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>State-owned Eg<\/strong><strong>yptian Drilling Company is looking to enter India, the UAE, Qatar, Oman, <\/strong><strong>Turkey, Algeria, West Africa, Brazil, and Thailand<\/strong>, Chairman Osama Kamel told <a target=\"_blank\" href=\"https:\/\/x.com\/AlArabiyaBN_EG\/status\/1924382014544769174\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>. The company also plans to expand its footprint in Saudi Arabia and Kuwait, where it already operates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Egyptian Drilling Company is looking to expand into new markets<\/p>\n","protected":false},"author":1,"featured_media":665565,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,10649,93,72,91],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-665564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-egyptian-drilling-company","tag-energy","tag-enterpriseam","tag-oil-and-gas","wpautop","entry"],"acf":{"mongo_id":"fc881c46-85f1-4842-b1d0-927db2609400","order":"14","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/10\/2107.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oil Ministry receives more bids for Mediterranean exploration blocks","related_issue":[665539],"teaser":"PLUS- Egyptian Drilling Company is looking to expand into new markets","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.90b66578-44cf-4066-bc38-9ff28e62fe83.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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