Exxon Mobil is looking at exploring the eastern Mediterranean offshore Egypt and considering opportunities in the Red Sea, according to unidentified industry sources. Egypt Petroleum Minister Darren Woods told Reuters that Exxon officials recently held talks with ministry to discuss oil and gas production investments. Exxon declined to comment.
Exxon Mobil is looking at exploring the eastern Mediterranean offshore Egypt and considering opportunities in the Red Sea, according to unidentified industry sources. Egypt Petroleum Minister Tarek El-Molla told Reuters that Exxon officials recently held talks with ministry to discuss oil and gas production investments. Exxon declined to comment.