Egypt secures new oil and gas exploration contracts worth $340m
The agreements encompass offshore blocks in the Mediterranean and Nile Delta.
01 September 2025
01 September 2025
The agreements encompass offshore blocks in the Mediterranean and Nile Delta.
The decrease has been attributed to a stronger rouble and weaker oil prices.
Delaware judge Leonard Stark is expected to make a final ruling after a court hearing next month.
This acquisition is subject to Wood Group publishing its overdue results and meeting certain debt facility conditions.
The two-year agreement encompasses a minimum commitment of 365 days of acquisition activity.
The upgrade is scheduled to commence in Q3 of next year.
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