{"id":602843,"date":"2019-04-08T03:50:28","date_gmt":"2019-04-08T03:50:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/08\/egypt-to-work-with-saudi-arabia-on-oil-and-gas-exploration-in-the-red-sea\/"},"modified":"2019-04-08T03:50:28","modified_gmt":"2019-04-08T03:50:28","slug":"egypt-to-work-with-saudi-arabia-on-oil-and-gas-exploration-in-the-red-sea","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/08\/egypt-to-work-with-saudi-arabia-on-oil-and-gas-exploration-in-the-red-sea\/","title":{"rendered":"Egypt to work with Saudi Arabia on oil and gas exploration in the Red Sea"},"content":{"rendered":"<p><b>Egypt to work with Saudi on oil and gas exploration in Red Sea: <\/b>The Oil Ministry is planning to cooperate with Saudi authorities in oil and gas exploration in Red Sea concessions, Oil Minister Tarek El Molla <a href=\"https:\/\/www.thenational.ae\/business\/energy\/egypt-to-double-lng-export-capacity-in-2019-1.845955\">told The National<\/a> on the sidelines of the World Economic Forum that kicked off at the Dead Sea resort city in Jordan yesterday. Egypt <a href=\"https:\/\/enterprise.press\/stories\/2019\/03\/11\/egypt-announces-red-sea-oil-and-gas-bid-rounds-for-10-offshore-blocks\/\">recently launched<\/a> a tender for 10 blocks off the Red Sea coast neighbouring those of Saudi. The tender announcement came after the kingdom made major natural gas discoveries on its side. El Molla also met with his Saudi Arabian counterpart Khaled El Faleh for talks during the forum, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1226850947493268\">according to a ministry statement<\/a>.<\/p>\n<p><b>Also from the forum: <\/b><\/p>\n<ul>\n<li>Egypt and Jordan will launch a joint investment cooperation council, <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%A7%D9%84%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86%D9%8A%D8%A9-%D8%AA%D8%AA%D9%81%D9%82-%D8%B9%D9%84%D9%89-%D8%AA%D8%B9%D8%B2%D9%8A%D8%B2-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%89-%D9%88%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%89-%D9%88%D8%B6%D8%B9-%D8%A2%D9%84%D9%8A%D8%A9-%D9%85%D8%B4%D8%AA%D8%B1%D9%83%D8%A9-%D9%85%D9%86-%D8%A7%D9%84%D8%A8%D9%84%D8%AF%D9%8A%D9%86-.aspx\">Investment Minister Sahar Nasr said<\/a>;<\/li>\n<li>Trade and Industry Minister Amr Nassar met with representatives of major companies to discuss potential opportunities, <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1226868740824822?__tn__=K-R\">the ministry said<\/a>. Nassar\u2019s meetings included talks with Japan\u2019s Sumitomo Electric CEO Masayoshi Matsumoto and Procter & Gamble Near East Vice President Tamer Hamed to discuss their companies\u2019 operations in Egypt.<\/li>\n<\/ul>\n<p><em>Correction: 9 April, 2019<\/em><\/p>\n<p><em>An earlier version of this article mistakenly referred to Khaled El Faleh as the Jordanian oil minister.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt to work with Saudi on oil and gas exploration in Red Sea: The Oil Ministry is planning to cooperate with Saudi authorities in oil and gas exploration in Red Sea concessions, Oil Minister Tarek El Molla told The National on the sidelines of the World Economic Forum that kicked off at the Dead Sea [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9285],"tags":[168,2398,93,72,7196,1033],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602843","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy","tag-diplomacy-foreign-trade","tag-energy","tag-enterpriseam","tag-industry","tag-jordan","wpautop","entry"],"acf":{"mongo_id":"523e04b0-47e5-4069-86d8-f6d484e59cfe","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[602817],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The tender comprises 10 oil and gas exploration blocks, and was launched by the South Valley Egyptian Petroleum Holding Company (Ganope) back in March.","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":633993,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/02\/oil-ministry-to-issue-oil-and-gas-exploration-tenders-for-red-sea-concessions-soon\/","url_meta":{"origin":602843,"position":1},"title":"Oil Ministry to issue oil and gas exploration tenders for Red Sea concessions soon","author":"enterpriseam admin","date":"2 January 2018","format":false,"excerpt":"The Oil Ministry is preparing to sign 12 new oil agreements with a combined investment value of at least USD 433 mn, Minister Tarek El Molla said yesterday, Al Masry Al Youm reports. The ministry is also gearing up to issue the first international tenders for oil and gas exploration\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590653,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/30\/egypts-oil-ministry-announces-names-of-red-sea-bid-bid-round-winners\/","url_meta":{"origin":602843,"position":2},"title":"Egypt\u2019s Oil Ministry announces names of Red Sea bid bid round winners:","author":"enterpriseam admin","date":"30 December 2019","format":false,"excerpt":"Oil Ministry announces Red Sea bid round results: The Oil Ministry has awarded oil and gas exploration concessions to each of Chevron, Shell, and the UAE\u2019s Mubadala in a bid round for blocks off the Red Sea coast, the ministry said in a statement (pdf). One block went to Chevron,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599938,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/15\/east-med-gas-players-vow-to-establish-regional-market-choose-cairo-as-hq-for-new-organization\/","url_meta":{"origin":602843,"position":3},"title":"East Med gas players vow to establish regional market, choose Cairo as HQ for new organization","author":"enterpriseam admin","date":"15 January 2019","format":false,"excerpt":"East Med gas players vow to establish regional market, choose Cairo as HQ for new organization: East Mediterranean gas producers will establish a regional gas market following an agreement in Cairo yesterday at what\u2019s being billed as the first meeting of the East Med Gas Forum, according to an Oil\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/315.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568634,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/29\/egypt-exxonmobil-sign-usd-332-mn-in-oil-and-gas-agreements\/","url_meta":{"origin":602843,"position":4},"title":"Egypt, ExxonMobil sign USD 332 mn in oil and gas agreements","author":"enterpriseam admin","date":"29 January 2020","format":false,"excerpt":"Egypt, ExxonMobil sign USD 332 mn oil and gas agreements: The Oil Ministry has signed two new agreements with ExxonMobil for oil and gas exploration in the Mediterranean, according to a cabinet statement. The US company will invest a minimum USD 332 mn to drill seven wells, paying the Egyptian\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/731.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604740,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/first-tender-for-10-exploration-blocks-in-the-red-sea-to-be-launched-in-two-weeks\/","url_meta":{"origin":602843,"position":5},"title":"First tender for 10 exploration blocks in the Red Sea to be launched in two weeks","author":"enterpriseam admin","date":"11 December 2018","format":false,"excerpt":"The Oil Ministry will issue the first tender for 10 exploration blocks in the Red Sea within two weeks, once it has completed its seismic mapping of the area, Minister Tarek El Molla announced, according to Al Masry Al Youm. Tendering concessions there to the private sector is one of\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602843"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602843\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602817"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602843"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602843"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}