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    1. Regional Reports
    2. Africa

    Exxon Mobil secures exploration rights in Egypt's outer Nile Delta

    Jan. 11, 2023
    Egypt has assigned Exxon Mobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta.
    Related To: ExxonMobil
    Photo 4255001 © Walter Graneri | Dreamstime.com
    Unrelated oil and gas operations in the Red Sea offshore Egypt
    Unrelated oil and gas operations in the Red Sea offshore Egypt

    By Reuters

    CAIRO — Egypt has assigned Exxon Mobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.

    The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year.

    The awards for the blocks, which cover 11,000 sq km, are still subject to further government approvals.

    01.11.2023

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