RWE wins Egypt block

摘要

RWE Dea has been awarded the East Ras Budran Offshore concession in Egypt. The block was offered in the International Bid Round 2011 by state-owned Egyptian General Petroleum Corp (EGPC). East Ras Budran Offshore was awarded to RWE Dea as operator with 80% share, while Dove Energy will hold 20%. The block is adjacent to RWE's Ras Budran operated production licence Ras Budran in the Gulf of Suez near the shore.