Saudi East-West Pipeline Closure Puts 4% of Global Oil at Risk
Saudi Arabia could face an oil export shortfall within days if its East-West pipeline remains shut following drone attacks, putting up to 4% of global supply at risk.
Red Sea | Egypt Oil & Gas
Aramco Expands Crude Exports via Egypt’s Sidi Kerir
Amid rising Red Sea shipping risks, Saudi Aramco is expanding crude exports through Egypt's Sidi Kerir terminal, highlighting the strategic role of the SUMED Pipeline in maintaining reliable access to global marke ...
Ganope, EPEX Organize Workshop to Promote Red Sea Bid Round
Ganoub El Wadi Petroleum Holding Company (Ganope), in cooperation with the Egyptian Petroleum Exploration Society (EPEX), organized a workshop to promote the 2025 Red Sea International Bid Round, which is schedule ...
Egypt Posts New Bid Round in 4 Blocks in Red Sea
Minister of Petroleum and Mineral Resources Karim Badawi announced a new international bid round for exploration and production operations in blocks RS-Block (1), RS-Block (2), RS-Block (3), and RS-Block (4) locat ...
Badawi Meets Eni, Chevron Leaders to Advance Gas Exploration at ADIPEC 2025
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Claudio Descalzi, CEO of Eni, during his participation in the ADIPEC Exhibition and Conference 2025 in Abu Dhabi to accelerate the company’s expl ...
Ganope Completes Red Sea Geological Expedition to Support Upcoming Bid Round
The South Valley Egyptian Holding Petroleum Company (Ganope) has completed a geological field expedition in the southern Gulf of Suez and Red Sea region to deepen understanding of the basins, supporting the planne ...
Egypt to Launch New International Bid Round Exploration in Red Sea via EUG
Egypt is preparing an international bid round for oil and gas exploration in four areas of the Red Sea, which will soon be launched through the Egypt Upstream Gateway (EUG). This was discussed during a meeting bet ...
PMS CEO Highlights Commitment to Quality and Safety During Field Visit to Ras Ghareb
The CEO of Petroleum Marine Services (PMS) Amr Badawy conducted a field visit to the Company’s onshore operation site in Ras Ghareb to review its development in addition to the workflow of the projects assigned to ...
Petroleum, Environment Ministers Discuss Environmental Compliance of Red Sea, Suez Companies
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Minister of Environment Yasmine Fouad to discuss the progress of an environmental compliance plan set for the petroleum companies in the ...
PXGEO to Conduct 3D Towed Streamer Project in Egyptian Red Sea
Seismic surveyor PXGEO has been awarded a contract to carry out towed streamer project in the Red Sea
