The deal allows for full economic development of oil and gas resources in the concession area
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Egypt has extended its Gulf of Suez and Nile Delta concession with Italy's Eni until 2040, Egypt's petroleum ministry said on Thursday.
The deal allows for full economic development of oil and gas resources in the concession area and includes a new 3D seismic survey campaign to explore untapped reserves, the ministry said in a statement. (Reporting by Ahmed Elimam; Editing by Jan Harvey)
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