Menu
Close

Russian company joins Egyptian offshore oilblock

Russian state-owned oil and gas producer Zarubezhneft said on Tuesday it has joined two offshore oil blocks in Egypt under a production-sharing agreement.

It said the resources of the blocks - South East Ras El Ush and East Gebel El Zeit - are estimated at more than 200 million barrels.

Zarubezhneft plans to drill two exploration wells at the blocks.

Source: Reuters

 

The Liberum

Vox Populi, Vox Dei
See full bio >
The Liberum runs on your donation. Fight with us for a free society.
Donation Form (#6)

More articles you might like

- by Nikola Mikovic on 10/04/2025

Will some NATO members invade Russia?

As the United States and Israel reportedly gear up to bomb Iran, the European Union […]
- - by The Liberum on 25/03/2025

EU under French Gaullism

The ascendancy of US President Donald Trump to a second term came with a seismic change in […]
- - by Emad Aysha on 21/03/2025

Torn Asunder: AI between Techno-Fascism and Monotheistic Evolution

I attended an interesting lecture the other day about AI, a very heavy-duty philosophical discussion […]
- by Paul Cliteur on 20/03/2025

The Ukraine Paradigm: Challenged by George Kennan and Donald Trump

The current paradigm on the war in Ukraine sees Russia, more specifically Russian leader Vladimir […]
- by The Liberum on 18/03/2025

Equal Dividends of Peace: The only way forward for Azerbaijan and Armenia

Although the cessation of armed hostilities is essential in ensuring that a ‘just’ peace is […]
- by Nikola Mikovic on 10/03/2025

Why Russia is unlikely to benefit from U.S.-Ukraine tensions

Where two are fighting, the third wins. If this proverb is correct, Russia would have […]