Egypt 2021 Digital Bid Round Presentation | Schlumberger

Egypt 2021 Digital Bid Round | Video

Egypt opens new brownfield, greenfield, and frontier exploration opportunities

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As part of the Egypt 2021 Digital Bid Round, the Egyptian General Petroleum Corporation (EGPC) and Egyptian Natural Gas Holding Company (EGAS) are offering 24 blocks covering various basins and plays onshore, offshore, and in deep water—including 12 blocks in the Western Desert, 3 blocks in the Gulf of Suez, and 9 blocks in the Mediterranean.

These blocks offer liquid, gas, and condensate production opportunities. The unique geographic location, market size of Egypt, and established infrastructure position the country to lead the import and export of oil and gas in the region and attract new investment and competition from both national and international investors.

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