Red Sea | Egypt Oil & Gas - Part 2

Fouad Warns Environmental Hazard Caused by Oil Tanker

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) lo ...

Al-Sisi Calls For Boosting Cooperation with Eni

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

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

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 Affair ...

NREA to Launch Solar Power Project in Hurghada

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

Saudi Arabia to Expand Pipeline as Alternate Export Route

Saudi Arabia plans to increase the capacity of the East-West Pipeline by 40% within two years in order to avoid exporting oil through the Strait of Hormuz.

GANOPE Extends Deadline for Red Sea Bid Round

Ganoub El Wadi Petroleum Holding Company has moved the deadline for receiving offers for its international bid for oil and gas exploration in the Red Sea from August to September to allow more companies to submit ...

El Molla Reviews New Projects with Schlumberger

The meeting reviewed the work progress of the new techniques used in seismic data collection in Gulf of Suez, aimed for preparing a study of new geological concepts and  increasing production and reserve rates.

NREA Plans 200 MW Red Sea Wind Farm

Investments in the new project are expected to reach around EGP 4 billion.

EGPC to Increase Oil Production by 50,000 b/d

The Egyptian General Petroleum Corporation aims to increase its production of crude oil and condensates by 50,000 barrels per day (b/d), bringing its total production to nearly 710,000 b/d by mid-2020.

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