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Egypt's 2018 EGAS licensing round: bidding to find the next Zohr

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On 22 May, the Egyptian Natural Gas Holding Company (EGAS) launched a licencing round for acreage in the onshore Nile Delta, offshore Nile Delta and Mediterranean. Sixteen licences are on offer three onshore and 13 offshore. Licences have been offered as production sharing contracts. There are 12 biddable parameters within the contracts but government take will be dictated by three: cost recovery, excess cost recovery and production allocation. Minimum limits have been set for production sharing and excess cost recovery which will ensure a government take of at least 80%. We expect interest in the round will be high especially from large companies chasing the Cretaceous Carbonate play in the Eastern Mediterranean.

Table of contents

Tables and charts

This report includes 6 images and tables including:

  • Blocks on offer
  • Map of blocks on offer
  • Bid round parameters
  • Government share - fiscal sensitivities
  • Available data
  • Map of prospective resource potential

What's included

This report contains:

  • Document

    EGAS_2018_licensinground_data.xls

    XLS 212.50 KB

  • Document

    Egypt's 2018 EGAS licensing round: bidding to find the next Zohr

    PDF 3.05 MB