ExxonMobil signs gas exploration deal with Egypt in Mediterranean
ReutersNov 4, 2025 11:23 AM
ABU DHABI, Nov 4 (Reuters) - Egypt and ExxonMobil have signed a memorandum of understanding to expand natural gas exploration and production activities in the Egyptian Mediterranean, the Egyptian Petroleum Ministry said on Tuesday.
Under the MOU, ExxonMobil plans to invest in a new concession area located west of Egypt's Zohr field, according to the ministry's statement.
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