Red Sea

  • El Molla Discusses Petrochemical Complex Project Plan with Honeywell

    El Molla Discusses Petrochemical Complex Project Plan with Honeywell

    Thursday, 10th June 2021

    Tarek El Molla, Minister of Petroleum and Mineral Resources, received a delegation from the International Honeywell Corporation specialized in providing technical support for petroleum projects, headed by Rajeev Gautam, President and CEO of Honeywell Performance Materials and Technologies (PMT), to review steps that will be implemented in the Red Sea Petrochemical Complex project after signing a land allocation contract in Ain Sokhna, according to a press release.

  • 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.

  • MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea

    MoP, Shell Egypt Sign Agreement for Oil, Gas Exploration in Red Sea

    Wednesday, 20th January 2021

    The Minster of Petroleum and Mineral Resources, Tarek El Molla, signed an agreement with Shell Egypt for oil and natural gas exploration in concession area (4) in the Red Sea deep water.

  • Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

    Shell Egypt signs Two PSCs for Blocks in Red Sea, Mediterranean

    Sunday, 3rd January 2021

    Shell Egypt has announced it signed production sharing contracts (PSCs) in the offshore and deep-water concession of the Red Sea at Block 3 with distance of 3,097 Km² and in the offshore North Kanayes of Herodotus Basin in the West Mediterranean concession by 30% share. The contracts are shared with Total company, the main operator of the project, by 35%, KUFPEC limited by 25% and Tharwa Petroleum company by 10% at distance of 4,445 Km².

  • Car Gas Starts Trial Operations in Hurghada Natural Gas Station

    Car Gas Starts Trial Operations in Hurghada Natural Gas Station

    Monday, 12th October 2020

    Natural Gas Vehicles Company (Car Gas) began a trial operation to the first natural gas supply station in collaboration with the National Service Products Organization’s (NSPO) Watanya in Hurghada, Red Sea.

  • Fouad Warns Environmental Hazard Caused by Oil Tanker

    Fouad Warns Environmental Hazard Caused by Oil Tanker

    Thursday, 24th September 2020

    Minister of Environment, Yasmine Fouad, urged the Council of Arab Ministers Responsible for the Environment (CAMRE) to avoid an environmental disaster caused by the lack of maintenance of the oil tanker (Safer) located in the Red Sea since 2015.

  • Al-Sisi Calls For Boosting Cooperation with Eni

    Al-Sisi Calls For Boosting Cooperation with Eni

    Monday, 31st August 2020

    President Abdel Fattah Al-Sisi has called for boosting Egypt's cooperation with the Italian giant Eni to ease any obstacles that the company might face.

  • House of Representative Approves 12 E&P Bills

    House of Representative Approves 12 E&P Bills

    Tuesday, 7th July 2020

    The Egyptian House of Representative passed 12 exploration and production (E&P) bills that allow the Minister of Petroleum and Mineral Resources to sign contracts with different oil and gas E&P companies.

  • Petroleum, Environment Ministers Review Environmental Compatibility Plans

    Petroleum, Environment Ministers Review Environmental Compatibility Plans

    Tuesday, 28th April 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, discussed the industrial wastewater treatment issues in the Gulf of Suez and the Red Sea region with Yasmine Fouad, Minister of Environmental Affairs.

  • NREA to Launch Solar Power Project in Hurghada

    NREA to Launch Solar Power Project in Hurghada

    Tuesday, 6th August 2019

    The National Renewable Energy Authority (NREA) will announce next month a tender to establish a 20-megawatt (MW) solar power plant in Hurghada.