Egypt Offshore Oil & Gas Market Report 2020 - 2023
The gas boom in Egypt is not only giving the country a new dawn in terms of energy, it is also forging new geopolitical alliances. Egypt has developed new economic ties with Israel and Jordan through the piping of gas, and as the gas production growth continues, it will serve as an important gas exporter to Europe. The authorities are eager for the sector to continue to prosper, and are further fueling the fire by offering new acreage in the Red Sea and the western sector of the Mediterranean.
This is an excerpt from the Annual Offshore Oil & Gas market report 2020 - 2023 .