Shell and Apex to explore new fields in Western Desert

By Staff reporter 31 August 2017

Shell and United States-based Apex International Energy have signed deals with the Egyptian government to explore 16 new fields in the Western Desert, according to a statement from the Petroleum Ministry.

Shell will invest $35.5 million, while Apex will invest $45.9 million in total through two contracts, which will be the company’s first investment in the country.

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