Shell wins Egypt gas block with BP and Petronas

 

CAIRO, May 13 (Reuters) - Royal Dutch Shell (RDSa.L) has won a gas block off Egypt's Mediterranean coast in a consortium with BP (BP.L) and Malaysia's Petronas [PETR.UL] in an EGAS bid round, the Anglo-Dutch company said on Wednesday.

The consortium won the bid for the North Damietta offshore Block 3 in a bidding round launched by Egypt's Natural Gas Holding Company, EGAS, a Shell statement said.

It said the concession covered an area of 1,600 sq km and carries a commitment of drilling four exploratory wells over six years. (Reporting by Maha El Dahan; Writing by Cynthia Johnston; Editing by Keiron Henderson)