er Mobil is aimed at exploring the eastern cape offshore Egypt and considering opportunities in the eastern Sea , according to unidentified media sources . Egypt Petroleum minister Tarek El - Molla told Reuters that Exxon officials recently held talks with ministry to discuss oil and gas exploration 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.