Egypt to conduct gas survey in Eastern Mediterranean
The Egyptian Ministry of Petroleum has announced the initiation of the first phase of the marine seismic survey project in the Eastern Mediterranean waters, aimed at exploring and improving the identification of potential natural gas zones. The project focuses on utilizing the advanced seismic survey technology "OBN" to enhance the accuracy of geological data and reduce technical risks, thereby contributing to attracting new investments and facilitating exploratory drilling operations. The survey is expected to cover areas off Port Said and Ras El Bar, with operations continuing until the end of 2026, in collaboration with international companies such as "SLB" and "Veridian," to improve the prospects of discovering new hydrocarbon resources and to boost Egypt's natural gas production.
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