Sudan: UAE Company Expresses Desire to Invest in Red Sea's Oil

Khartoum — The United Arab Emirates (UAE) Mubadala Company has expressed desire to invest in the Red Sea area in the field of oil and gas exploration.

This came during the meeting of the Minister of Oil and Gas Dr. Abdulrahman Osman Abdulrahman with the delegation of the company led by Sheikh Mansour Mohamed Al-Hamad on the sidelines of the activities of Abu Dhabi Oil Conference and Exhibition in the United Arab Emirates.

The Minister of Oil and Gas said that the history of the area has witnessed the entry of a number of companies including the drilling of exploratory wells, calling for the update of data and the introduction of technology that suits work inside and outside the water of the Red Sea to achieve the economic returns for both the country and partners.

See What Everyone is Watching

More From: SNA

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.