According to a statement on the Egyptian Cabinet’s Facebook page, the cabinet has approved three draft laws for three exploration and production (E&P) agreements.

The approvals were made during an e-cabinet meeting headed by the Prime Minister of Egypt, His Excellency Mostafa Madbouly.

The first draft law is for an agreement signed between the Egyptian General Petroleum Corporation (EGPC), IEOC Production B.V., and Lukoil Overseas Egypt Ltd for E&P activities in Meleiha concession in the Western Desert.

The second draft law is between the Egyptian General Petroleum Corporation (EGPC) and BP company for E&P practices in South Offshore Ghareb concession in the Gulf of Suez.

The third draft law is between the Egyptian General Petroleum Corporation (EGPC), Ganoub El Wadi Petroleum Holding Company (Ganope), and the Egyptian National Petroleum for Exploration and Development Company (Enpedco) for E&P in Wadi Deb concession in the Eastern Desert.