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Sunday, 21 October 2018

Phase one of seismic mapping of Red Sea completed

The first phase of the seismic mapping of energy and mineral resources in the Red Sea — a precursor step to tendering exploration concessions there — has been completed, Oil Minister Tarek El Molla said on Thursday, according to Al Shorouk. Tendering concessions there to the private sector is one of the ministry’s key agenda platforms to expanding investment in the sector.

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