Tag Archives: Oil and Gas

Eritrean Red Sea Coast Now Open for Offshore Exploration

eritrea offshore exploration
Eritrea’s Red Sea coast is once again open for Oil and Gas explorations, according to the country’s Ministry of Energy and Mines.

By Michael Arustamov,

The Eritrea’s Red Sea coast is open for O&G (Oil and Gas) explorations, according to the country’s Ministry of Energy and Mines. Eritrean’s hydrocarbon exploration activities have stayed dormant for nearly 30 years due to ongoing conflict for independence with Ethiopia. Continue reading Eritrean Red Sea Coast Now Open for Offshore Exploration

Red Sea Oil & Gas Summit Discusses Opportunities

Red Sea Oil & Gas 2015 Summit discusses Eritrea’s under-explored opportunities and potentials

By ANSAmed,

THE first-ever summit for the Red Sea oil and gas sector held Monday and Tuesday in Dubai focused on investment, exploration and energy production opportunities.

A strategic transit point between Asia, Africa and Europe, the coasts between the Suez Canal and the Aqaba Gulf are also rich in hydrocarbons and untapped potential. Continue reading Red Sea Oil & Gas Summit Discusses Opportunities