The agreements include an exploration deal signed between Egyptian General Petroleum Corporation, BP Plc and IEOC worth $1.1 billion and another signed between the same three partners worth $900 million.
The new deal with Tharwa, is to explore an area of 43 square kilometers (16.6 square miles) in the Eastern Desert, along with Ganoub el-Wadi Petroleum Holding Company. It is worth $17.5 million.
