Red Sea | Egypt Oil & Gas - Part 4

Egypt Delays Red Sea E&P Bid Round until Q1 2019

Ganoub El Wadi Petroleum Company (Ganope) has postponed the Red Sea exploration and production (E&P) bid round to Q1 2019.

Red Sea E&P Bidding to Start in Two Weeks

The Ministry of Petroleum will open bidding for exploration and production (E&P) contracts in the Red Sea within the coming two weeks.

Ganope Holds Red Sea E&P Workshop

Minister of Petroleum Tarek El Molla inaugurated a workshop on November 19 organized by Ganoub El Wadi Petroleum Company (Ganope) on the oil and gas exploration and production (E&P) in the Red Sea.

Saudi Aramco, Sabic to Build Petrochemical Complex in Yanbu

State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast.

Egypt to Offer First E&P Bid Round for Red Sea

Egypt will launch the first oil and gas exploration and production (E&P) bid round in the Red Sea before the end of 2018 upon seismic reflection data processing.

Egypt Expects $10B Petroleum Sector FDI in FY 2018/19

Egypt expects foreign investors to pump $10 billion in foreign direct investment (FDI) into the country's petroleum sector in FY 2018/19.

Saudi Arabia Reopens Red Sea Shipping Lane

Saudi Arabia resumed oil shipments through the Red Sea shipping lane Bab al-Mandeb.

Ministry of Petroleum to Offer New Exploration Tenders

Minister of Petroleum Tarek El Molla announced on July 31 that the ministry is planning to increase investment opportunities for oil and gas exploration by offering new tenders for the Red Sea and West Mediterrane ...

Saudi Arabia Halts Red Sea Shipments After Houthi Attack

Saudi Arabia is “temporarily halting” all oil shipments through the Red Sea due to an attack on two oil tankers by Yemen's Houthi movement.

Winner of Hamrawein Power Plant Tender To Be Announced June 13

The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant in the Red Sea port of Hamrawein.

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