Egypt | Egypt Oil & Gas - Part 301
In line with Egypt’s strategy towards expanding the use of clean energy, TAQA Power, a subsidiary of TAQA Arabia, the full-service energy and utility provider in Egypt, announced the commissioning of the largest solar power plant in Sharm El-Sheikh build on an area of 250,000 sqm and with a production capacity exceeding 42 GWh / year.
Sidi Kerir Petrochemicals (Sidpec) has announced that the company is exploring the full acquisition of the Egyptian Ethylene and Derivatives Company (Ethydco).
To underline this commitment, Sameh Sabry as Senior Vice President and Managing Director Wintershall Dea Egypt, signed a letter of intent with Magdy Galal in his capacity as Executive Managing Director of the Egyptian Natural Gas Holding Company (EGAS), to significantly reduce operational greenhouse gas emissions at the Disouq concession.
Centamin has announced that the full commissioning of its solar plant located at Sukari Gold Mine is expected in Q4 2022.
Minister of Petroleum and Mineral Resources Tarek El Molla and Frank Hartmann, Ambassador of the Federal Republic of Germany in Cairo, witnessed the signing of a letter of intent (LOI) for cooperation between the Egyptian Natural Gas Holding Company (EGAS) and the German company Wintershall Dea for cooperation in the field of carbon emissions reduction in the Desouq concession area in which the German company operates.
Al-Hamra Petroleum Port in El Alamein, one of the most important ports in the petroleum sector, won the Excellence Award for the best-specialized port in Egypt for the year 2022 for its excellence in the application of environmental requirements and standards and security and safety standards.
Minister of Petroleum and Mineral Resources Tarek El Molla participated in a panel discussion held by the German embassy in cooperation with the German company Wintershall Dea to celebrate its partnership with the Egyptian petroleum sector, the ministry said in a statement.
Minister of Petroleum and Mineral Resources Tarek El Molla met with Kuwaiti Ambassador in Cairo Ghanem Saqer Al-Ghanem and Mohammed Al Sarhan, the Kuwait Foreign Petroleum Exploration Company's (KUFPEC) Country Manager in Egypt, to discuss the company’s activities and investments in oil and gas production.
In a dazzling night under the shadow of the magnificent Abdeen Palace in Cairo, Wintershall Dea brought together the company’s partners and friends to celebrate its successful partnerships and stress their long-term commitment to Egypt.