Red Sea | Egypt Oil & Gas

Saudi East-West Pipeline Closure Puts 4% of Global Oil at Risk

Saudi Arabia could run out of oil stocks available for export within days if it fails to restart its East-West pipeline to the Red Sea, potentially removing up to 4% of global oil supply, according to Saudi oil buyers...

Aramco Expands Crude Exports via Egypt’s Sidi Kerir

Saudi Aramco is offering extra crude cargoes for loading at Egypt’s Mediterranean port of Sidi Kerir, trading sources told Reuters, as Houthi threats to Saudi shipping heighten risks for southbound Red Sea exports thr...

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 scheduled to...

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) located i...

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 explorat...

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 planned in...

Egypt to Launch New International Bid Round Exploration in Red Sea via EUG

Egypt is preparing to launch an international bid round for oil and gas exploration in four areas of the Red Sea, through the Egypt Upstream Gateway (EUG). The announcement was made during a meeting between Karim Bada...

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 operations site in Ras Ghareb. During the visit, he reviewed the site’s development and the workflow...

Petroleum, Environment Ministers Discuss Environmental Compliance of Red Sea, Suez Companies

Minister of Petroleum and Mineral Resources Tarek El Molla met with the Minister of Environment Yasmine Fouad to discuss the progress of an environmental compliance plan set for the petroleum companies in the Red Sea ...

PXGEO to Conduct 3D Towed Streamer Project in Egyptian Red Sea

Seismic surveyor PXGEO has been awarded a contract to carry out 3D towed streamer project in the Red Sea, announced the company. Furthermore, the company, which provides both ocean bottom node and towed streamer seism...

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