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  • Al-Sisi Issues New Decree for E&P Activities in Red Sea

    Al-Sisi Issues New Decree for E&P Activities in Red Sea

    Tuesday, 1st June 2021

    President Abdel Fattah Al-Sisi issued Law No. 160 of 2020 licensing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with international oil companies (IOCs) for exploration and production (E&P) activities.