The Cabinet passed 12 exploration and production (E&P) bills related to the oil and gas sector.

Minister of Petroleum and Mineral Resources Tarek El Molla announce the initial signing with the winning companies of the Red Sea bid round. Currently, legislative measures are being taken to submit a proposal to the Cabinet. El Molla added that the bid round’s results will push forward the ministry's plans to attract foreign investments into the petroleum sector especially in unexplored areas.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has issued a movement of transfers for a number of heads to several companies in the Energy sector in his endeavor to support the petroleum sector with the necessary competencies.

Ganoub El Wadi Petroleum Holding Company (Ganope) awarded WesternGeco Schlumberger and TGS a $720m contract for geophysical data in Ganope's concession areas.

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed the Modernization project with mployees at Ganoub El Wadi Petroleum Holding Company (Ganope).