Red Sea | Egypt Oil & Gas - Part 2

Al-Sisi Issues New Decree for E&P Activities in Red Sea

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 producti ...

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

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 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 ...

Car Gas Starts Trial Operations in Hurghada Natural Gas Station

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

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.

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