El Molla signs two agreements with Schlumberger

Oil Minister Tarek El Molla signed two agreements with oilfield services company Schlumberger to conduct a seismic survey in the Gulf of Suez and establish a data center on areas open for exploration in Egypt, the ministry announced in a statement (pdf) yesterday. The ministry did not disclose the value of the agreements, which were signed on the sidelines of the EGYPS Petroleum Show 2018 as part of efforts to attract more investment in the energy sector.