News
11 December 2025

Egypt awards new oil concession in Suez to Cheiron

In:
Oil & gas
Region:
Middle East & Africa

Cheiron, Egypt’s largest independent exploration and production company, has secured a new oil concession from the Egyptian General Petroleum Corporation (EGPC) as part of the country’s drive to expand its hydrocarbon resources. Under the agreement, Cheiron will invest $30 million...

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