News / Egypt
Cairo bags $28m renewable energy loan
The World Bank is set to hand Egypt a soft loan of around £160 million ($28 million) to finance three renewable energy projects, the country's electricity and energy minister said. RWE Dea hits gas at Disouq
Germany's RWE Dea has hit gas with the Sidi Salem South East-1x well, drilled on the Disouq concession in Egypt's onshore Nile Delta play. Enel and Total take Egypt plunge
Italy's biggest utility Enel and French giant Total have won an offshore exploration licence in the Nile Delta area, Enel said. BP Picks Up 2 Exploration Blocks in Nile Delta Offshore Egypt
BP has announced that the Egyptian Natural Gas Holding Company (EGAS) has awarded the company two blocks in the 2008 International bid round on the Egyptian Offshore Nile Delta. Dana eyes $130m Egypt spend
UK-based producer Dana Petroleum said it plans to invest $130 million in Egypt this year. BG wins Egypt gas block
BG Egypt, a subsidiary of UK gas giant BG Group, said it had been awarded an offshore gas block in the latest bid round held by the state-owned Egyptian Natural Gas Holding Company (EGAS). OMV ponies up for Egypt shoot
Austrian oil and gas group OMV said it was spending $20 million on an exploration survey in Egypt in the coming weeks. Eni Committed to Spend $1.5B in 5 Years in Egypt Deal
Eni CEO, Paolo Scaroni, and Egypt's Minister of Petroleum, Amin Sameh Samir Fahmy, announced new initiatives creating a new framework for co-operation between the two parties. These initiatives will enable Eni and Egypt's Ministry of Petroleum to broaden and enhance their mutual co-operation aimed at developing hydrocarbon reserves in the Country and start joint activities for the training of personnel. 
