Egypt signs oil and gas exploration deals worth more than $121 million

Reuters

09/14

CAIRO, Sept 14 (Reuters) - Egypt signed three investment agreements worth more than $121 million for oil and gas exploration in the Western desert, Suez Gulf and north of Sinai.

The deals were with Parenco Egypt, Dubai-based Dragon Oil and Apache, for about $46 million, $40.5 million and $35 million respectively.

(Reporting by Momen AtallahWriting by Jaidaa Taha Editing by David Goodman)

((Jaidaa.Ahmad@thomsonreuters.com;))

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