ExxonMobil Egypt has invested $90 million in seismic surveys over a 15-kilometer area within its West Mediterranean North Marakia concession, according to the company’s chairman, Amr Abou Eita.
Amr. Abou Eita mentioned that the company plans to accelerate drilling operations as soon as the rig arrives in October 2025.
This announcement was made during a meeting between Minister of Petroleum and Mineral Resources Karim Badawi and a delegation from ExxonMobil.
