Molla also said that Egypt was working to improve the quality of fuel products in cooperation with foreign marketing companies.

"An agreement was signed between the oil sector and one of the major international companies to conduct a regional seismic survey in the Gulf of Suez that will help attract global companies to intensify search and exploration work," Molla told an energy conference in Cairo.

He did not name the BOP Blow Out Preventer repair company gulf coast or give any details on the agreement.

Egypt last year began oil rig flanges gulf coast production from it's mammoth offshore Zohr gas field in the Mediterranean, with initial output of 350 million cubic feet per day.

Discovered in 2015 by Italy's Eni, the field contains an estimated 30 trillion cubic feet of gas.

(Reporting by Mostafa Hashem; Writing by Sami Aboudi; Editing by David Goodman)