2018 International Bid Round for Petroleum Exploration and Exploitation in Egypt

Event details

The Egyptian General Petroleum Corporation (EGPC) invites exploration & production companies to participate in the 2018 International Bid Round to explore/exploit Oil and Gas in Egypt.

It includes eleven (11) exploration blocks in the Gulf of Suez, the Western Desert & the Eastern Desert sedimentary basins, offered for competitive bidders under Production Sharing Agreements (PSA) Model applicable in Egypt.

Interested companies can submit their offers based on the announced Procedures, Main Commercial Parameters and the applied Egyptian Production Sharing Model Agreement. Principal and Optional Data Packages are available for review and/or purchase through the EGPC Geological & Geophysical Information Center, Nasr City, upon request and according to the determined prices at Information Center premises:

1A Ahmed El Zomer St., 8th District El Zohor, Nasr City, Cairo-Egypt , P.O. Box 7628

The purchase of Principal Data Package of a block is considered mandatory to bid for the same block. Basic information and coordinates of the offered blocks as well as the procedures, terms & conditions and the Model Agreement are available at EGPC website: www.egpc.com.eg

The closing date will be on Monday 1st October 2018 at 12:00 noon (local time) at the latest.

For more information, please contact:

Deputy Chief Executive Officer for Exploration and Agreements

Tel: (202) 27065227                    (202) 27065358

Fax: (202) 27065207                    (202) 27065887

E-mail: bidround@egpc.com.eg