*Ganope Nears Announcement of International Bid Round No. 1/2025, Prepares New Red Sea international bid round.*
International oil companies are eagerly awaiting the announcement of the results of the international bid round No. (1/2025) by South Valley Egyptian Petroleum Holding Company (GANOPE). The bid round, launched through the Egypt Upstream Gateway (EUG), closed for submissions in early July 2025. According