The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla announced the launch of an international tender for oil and gas exploration on its brand new digital platform “Egypt Upstream Gateway”. The platform comes within the framework of a ministry initiative to attract foreign investments to Egypt’s developing oil sector. “Egypt Upstream Gateway” provides geological data for drilling and production activities in the country. Mulla pointed out that the platform is the first of its kind in Egypt, and a milestone in digital transformation. Ten heads of major international oil companies, including Italian Eni, American Apache, and German Wintershall Dea signed membership agreements in the portal after its launch.

Source: Egypt Independent February 18, 2021 13:39 UTC