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Egypt signs oil and gas deals with BP, Total, and ENI Egypt unit

CAIRO Dec 28 (Reuters) – Egyptian Oil Minister Tarek El
Molla has signed three oil and gas exploration and production
deals worth at least $220 million in total with France’s Total
, Britain’s BP, and Italian energy major ENI’s
Egyptian subsidiary IEOC, the ministry said on
Wednesday.



The deals include drilling for six wells, the ministry said
in a statement. The first deal, signed with a consortium of BP
and IEOC, is worth $75 million, the second, with a consortium of
all three companies, is worth $80 million, and the third with BP
alone worth $65 million.

(Reporting by Ahmed Aboulenein; Editing by Giles Elgood)


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