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.
Red Sea | Egypt Oil & Gas - Part 5
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.
TGS Completes Red Sea Seismic Survey
TGS has finished collecting data from a 10,000-km 2D seismic survey in Egypt’s Red Sea.
Ganope Surveys 4,200 km of Red Sea Water to Attract Investors
South Valley Egyptian Petroleum Holding Company (Ganope) surveyed 4,200 km of Red Sea water out of 10,000 km, in addition to other areas in Upper Egypt.
Schlumberger, TGS Announce Survey in Red Sea
Schlumberger and TGS-NOPEC Geophysical Company (TGS) announced a new project to conduct a 2D seismic survey in the Red Sea.
Egypt to Sign Seismic Contracts for Red Sea
Egyptian oil and gas sector will sign contracts with international companies to conduct seismic survey on Red Sea within days,
