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Arab Finance – The signing of two agreements with investments of $ 13.5 million to increase the production of crude oil in Western Sahara


The signing of two agreements with investments of $ 13.5 million to increase the production of crude oil in Western Sahara

Arab Finance: Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed during the activities ofEgypt International Energy Exhibition, Eins 2025Signing the amendment of the Yedma region agreement in Western Sahara between the Egyptian General Petroleum Authority, the International IPR company and a new agreement in the southern Dabaa region between the Petroleum Authority and the Tunisian HBS company.

The amendment of the agreement of the Yadma Al -Alamein region in Western Sahara between the Egyptian General Petroleum Authority and IBR to search for, develop and exploit oil, pump the partner to investments of 10 million dollars, dig 4 developmental wells and pay a signature of 3 million dollars.

The Agreement of the South Dabaa region committed to Western Sahara between the Egyptian General Petroleum Authority and the Tunisian HBS company to search for, develop and exploit oil by pumping the partner to investments of about 3.5 million dollars, digging 4 development wells and exploratory wells and paying a signature of 2 million dollars.

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