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Egypt government approves oil and gas exploration deals -oil minister

Wed, 10th Aug 2016 12:50

CAIRO, Aug 10 (Reuters) - Egypt's government has approvedfive oil and gas drilling and exploration agreements withforeign companies ahead of parliament's final approval,Petroleum Minister Tarek El Molla said on Wednesday.

Four of the deals are gas exploration and drillingagreements between Egypt's state gas board EGAS and BP,Eni, Total, and Edison.

The fifth deal, which is an oil and gas exploration anddrilling deal, is between state petroleum board EGPC and a localcompany. (Writing by Ahmed Aboulenein; Editing by Eric Knecht)

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