News / Egypt

Aton Drills More Gold-Polymetallic Sulphide Mineralization at Rodruin

Aton Resources Incorporation has drilled more high-grade gold-polymetallic sulfide mineralization at Rodruin, with returns of around 7.04 g/t gold, 47.2 g/t silver, 0.63% copper, and 7.18% zinc over 36.9 meters.

Egypt’s Gas Export Revenues Reach $3.892 B in First Four Months of 2022

Egypt's natural gas and liquefied natural gas (LNG) export revenues increased by 98% to reach $3.892 billion in the first four months of 2022.

Egypt Awards Eight Mining Licenses in the Eastern Desert to Four Companies

The Egyptian Mineral Resources Authority (EMRA) announced the result of the international bidding for gold and minerals in the Eastern Desert for the year 2020, in its second round.

Altus Strategies Strikes Gold in Egypt with Major Discovery, Awarded New Licenses

Altus Strategies announced that it has discovered multiple high grade gold prospects from reconnaissance sampling across all four of its current projects in Egypt. 

El Molla: Egypt Working on Updating the National Sustainable Energy Strategy

The Minister of Petroleum and Mineral Resources Tarek El Molla stated that Egypt is currently working on updating the national sustainable energy including hydrogen as clean fuel managed by a national committee to be used in Egypt.

Petrojet, Siemens Sign MoU to Enhance Cooperation in Petroleum Sector

Petrojet and Siemens have signed a memorandum of understanding (MoU) to support the petroleum, infrastructure, utilities, and water sectors in the Egyptian market.

House of Representatives Approves SCZONE’s General Budget for FY 2022/23

The Egyptian House of Representatives approved The Suez Canal Economic Zone (SCZONE)'s general budget for fiscal year (FY) 2022/23 at a value of EGP 42 billion.

SDX’s Q1 2022 Production 17% Higher Than Expectations

SDX Energy announced that its production has reached 4,017 barrels of oil equivalent per day (boe/d) during Q1 of 2022, which is 17% higher than the mid-point guidance of 3,425 boe/d due to high production levels in South Disouq and Morocco.

Egypt, Poland to Cooperate in Manufacturing CNG Vehicle Conversion Kits

Egypt's National Authority for Military Production has signed a memorandum of understanding (MoU) with Poland's AC Spolka Akcyjna (AC SA) to cooperate in manufacturing compressed natural gas (CNG) kits.

PetroSafe, SOPC Examine the Environmental Impact of Coking Complex Operations

As part of a national effort to promote sustainable development, Suez Oil Processing Company (SOPC) and Petroleum Safety and Environmental Services company (PetroSafe) have conducted a consultation session to study the effect of constructing and operating a coking complex inside SOPC's refinery facility.

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