Egypt awarded oil and gas exploration blocks to BP Plc BP.L, ENI ENI.MI , Apex International 4927.TW, Energean ENOG.L, and United Energy UNRG.PK, according to a statement from the Petroleum Ministry on Monday.
Eight blocks were awarded in total, with the companies to invest a minimum of $250 million and drill at least 33 exploration wells.
Source: Reuters (Reporting by Ahmed Ismail; writing by Lina Najem; editing by Jason Neely)