Suez Canal Economic Zone's (SCZONE) Chairman Waleid Gamal El-Dein met with a delegation from the Egyptian-Danish Business Council, which is made up of a number of Danish companies, in an effort to enhance cooperation between the SCZONE and the international business community.
Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting to review the progress of the action plan that was put in place amid the Russia-Ukraine conflict to maintain local market supply stability with regards to oil, natural gas and their products.
The International Renewable Energy Agency (IRENA) in cooperation with 13 companies across all industry sectors has launched the global Alliance for Industry Decarbonization which will hold its first meeting in Egypt at COP 27 in Sharm El Sheikh.
Minister of International Cooperation Rania Al-Mashat met with Minister of Electricity and Renewable Energy Mohamed Shaker to discuss projects including the National Platform for Green Projects and Climate Action as well as the “Nouwfi” program.
Aton Resources announced that it has achieved a new discovery at the West Garida prospect located in the Abu Marawat Concession in the Eastern Desert of Egypt.
The Chairman of the Suez Canal Economic Zone Authority (SCZone) Waleid Gamal El-Dien has met with the Head of Strategic Decarbonization Projects at Maersk Kai Fechner and Siemens Energy's Managing Director in Egypt Layla El Hares to discuss how to localize the green fuel industry.
Suez Canal Authority (SCA) Chairman Osama Rabie has announced the successful refloating of the Affinity V oil tanker and its navigation movement returned to normal after it ran aground due to a technical issue with the vessel's rudder.
The cabinet has approved the use of two plots of land for Egypt Green Hydrogen Company to start a project to produce green hydrogen and its derivatives from green ammonia using renewable energy.
In an effort to support green hydrogen and clean energy production, Minister of Electricity and Renewable Energy Mohamed Shaker has launched power station operated by solar energy with capacity of 10 gigawatts per year in cooperation with Enara Capital company at the Jushi plant which is one of the fiberglass plants at the Suez Canal Economic Zone (SCZone).
Eni's CEO Claudio Descalzi stated that his company aims to build renewable energy projects, including solar and wind energy, to produce 10 gigawatts of electricity during the upcoming period in Egypt.
