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Egypt begins go-live phase of first digital portal for luring gas and oil exploration

Egypt began the go-live phase of its first digital portal for gas and oil exploration nationwide as it seeks to attract investors to its abundant resources, the petroleum ministry announced on Thursday.

Minister of Petroleum Tarek El-Molla launched via videoconference the portal, dubbed ‘Egypt Upstream Gateway’, as the first digital platform that offers geological data for oil and gas exploration and production in the country.

El-Molla also announced the first global oil and gas exploration tender for 2021 by the state-owned Egyptian Natural Gas Holding Company through the new portal.