Special to WorldTribune.com CAIRO — Egypt has signed energy deals with Western majors as well as Tunisia. The Egyptian Petroleum Ministry said the Cairo government signed crude oil and natural gas exploration contracts worth $187 million with companies from Canada, Germany, Italy and Tunisia. The ministry said Germany’s RWE was awarded two exploration blocks while […]
Special to WorldTribune.com CAIRO — Egypt has reported a crude oil discovery in the Sinai Peninsula. The Egyptian Petroleum Ministry has reported an oil discovery estimated at 5.5 million barrels in southern Sinai. The ministry said Belayim Petroleum Co. began production that reached 2,270 barrels earlier this month. The discovery took place 40 kilometers south […]
