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The South Valley Oil Holding Company on Sunday announced an international oil and gas exploration and exploration offer in 10 areas of the Red Sea.
The deadline for receipt of tenders is 1 August 2019. The company said in a statement published in local newspapers.
The discovery of the field by Eni in Italy in 2015, with reserves of 30,000 billion cubic meters of gas, has opened the taste of new calls for tenders in Egypt.
In recent years, Egypt has completed the demarcation of its maritime borders with a number of countries to explore and explore oil and gas without conflict.
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