News / Egypt

Toyota Tsusho Presents Blue Ammonia Projects Study to Egypt

The Minister of Petroleum and Mineral Resources Tarek El Molla has discussed with the General Manager of Energy Infrastructure Projects at Toyota Tsusho Corporation Tokuji Koyama the initial study prepared by his company to evaluate the available opportunities for establishing blue ammonia projects in Egypt.

Waleid Gamal El-Dein Becomes New SCZONE Chairman

President Abdel-Fattah El-Sisi issued Republican Decree No. 356 of 2022, appointing Waleid Gamal El-Dein as a new Chairman for the General Authority of Suez Canal Economic Zone (SCZONE).

MOP Signs Protocol with Armed Forces to Benefit from Services of National Emergency Network

Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing ceremony of the cooperation protocol to benefit from the services of the National Network for Emergency and Public Safety.

Cabinet Approves Measures to Reduce Electricity Consumption to Boost Natural Gas Exports

The Cabinet approved the draft plan to take measures to cut down on the consumption of electricity, which would increase natural gas exports and allow the Egyptian economy to benefit from foreign currency.

Egypt Delivers Natural Gas to 120 Villages with Haya Karima Initiative

Minister of Petroleum and Mineral Resources Tarek El-Molla confirmed that more than 1,450 villages in the governorates of the country will benefit from the natural gas delivery projects implemented by the petroleum sector within the first phase of the Haya Karima (‘Decent Life’) initiative to develop Egyptian rural villages launched by President Abdel Fattah El-Sisi.

SEIC Acquires Stakes in Four Egyptian Companies Worth $1.3B

The Saudi Egyptian Investment Company (SEIC) which is owned by Saudi Arabia's state-owned Public Investment Fund (PIF), declared its acquisition of minority stakes in four Egyptian companies worth $1.3 billion, among of them two petrochemical companies, the Ministry of Planning and Economic Development stated.

PM Follows up on Efforts to Enhance Added Value of Mining Resources

Prime Minister Mostafa Madbouly has met with several ministries and officials in the mining sector with attendance of the Minister of Petroleum and Mineral Resources Tarek El Molla to discuss maximizing the added value of mineral resources in Egypt.

EUG Holds Technical Workshop on Accelerating Exploration, Production

The Egypt Exploration Gateway (EUG) team organized a technical workshop titled 'EUG: Choosing Opportunities to Accelerate Research and Exploration and Increase Production Rates.'

Palliser Advises Capricorn to Quit Merger Deal with Tullow

Palliser Capital has advised Capricorn Energy to quit its proposed merger with Tullow Oil.

PetroSafe, LOC Egypt Sign Maritime Safety MoU

The Petroleum Safety & Environmental Services Company (PetroSafe) signed a memorandum of understanding (MoU) in the fields of maritime safety studies and works with LOC Egypt, the representative of the ABL Group, specialized in the fields of studies, consulting, and maritime safety works.

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