Various multinational oil and gas companies including Chevron (NYSE:CVX) have exited their Red Sea oil and gas concession blocks after making no finds, and will redirect their resources to other ...

This live page is now closed. You can continue to follow our coverage here.

As part of its efforts to become an energy hub, Egypt awarded oil and gas exploration concessions in the Red Sea for the first time to Chevron, Shell and Abu Dhabi sovereign wealth fund Mubadala ...