UK major BP confirmed it has been awarded two blocks in Egypt’s offshore Mediterranean in its annual report released on 11 March.
“In January 2026 bp was awarded two offshore exploration concessions in Egypt: North-East El Alamein Offshore and West El Hammad Offshore, advancing our exploration portfolio and long-term growth ambitions,” the firm said. This confirms MEES reports that the UK major was in talks with Cairo for the 3,336km² North-East El Alamein (MEES, 20 February). (CONTINUED - 177 WORDS)