Conference on investment and exploration opportunities for oil and gas in the Red Sea in Egypt

Media In / Cairo 19 November 2018
Under the patronage of Minister of Petroleum and Mineral Resources Eng. Tariq Al-Mulla, the Conference of Investment and Exploration Opportunities for Oil and Gas in the Red Sea region has been held for three days. Representatives of Arab and international companies involved in gas exploration and exploration will participate.
The conference coincides with the close of one of the global companies operating in the field of petroleum services from analyzing the data of the seismic survey of Egyptian water in the Red Sea to launch the first international bid for the search for oil and gas in the region.

The Egyptian Ministry of Petroleum is exerting all efforts in the research and exploration of oil and gas, stressing that the research work and seismic survey in the Red Sea came after the agreement demarcation of the border with Saudi Arabia to exploit natural resources to support and develop the Egyptian economy.