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Shell Strengthens Egypt Ties With $120M Mediterranean Exploration Deal
壳牌壳牌(US:SHEL) ZACKS·2025-09-01 23:51

Key Takeaways Shell signs a 120MdealwithEGAStodrillthreeMediterraneanwells,boostingexploration.Egyptsecures120M deal with EGAS to drill three Mediterranean wells, boosting exploration.Egypt secures 340M in agreements with global firms to strengthen oil and gas output.Declining domestic production drives Egypt to expand partnerships and secure an energy supply.Shell plc (SHEL) , along with some other companies, has entered into agreements with Egypt in order to strengthen the nation’s energy sector through international partnerships. Egypt entered into deals with various companies, v ...