Following the ratification on 21 June 2020 of 8 agreements signed earlier in the year between IOCs and Egyptian state-agency EGAS for the exploration of hydrocarbon in the Mediterranean Sea (separate article), Chevron has been awarded two offshore concessions, namely North Sidi Barani and North Dabaa.  The two blocks are located along the Egyptian coastline and extend across the boundary between the Northern Egypt and Herodotus basins.  North Sidi Barani, which covers an area of 6,347 sq km partially corresponds to Block 2 expected to be on offered as part of the West Mediterranean Bid-Round canceled in January 2020. North Dabaa, which is of 6,407 sq km is situated next to the North Marakia Offshore block granted to ExxonMobil in late December 2019.
(Northern Egypt and Herodotus basins) Chevron has been awarded two offshore concessions, namely North Sidi Barani and North Dabaa. The two blocks are located along the Egyptian coastline and extend across the boundary between the Northern Egypt and Herodotus basins. North Sidi Barani, which covers an area of 6,347 sq km partially corresponds to Block 2 expected to be on offered as part of the West Mediterranean Bid-Round canceled in January 2020. North Dabaa, which is of 6,407 sq km is situated next to the North Marakia Offshore block granted to ExxonMobil in late December 2019.