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...
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...
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...
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...
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...
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 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...
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...
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 ...
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...