Egypt Records $13B in Petroleum Exports in Nine MonthsÂ
The Minister of Finance Mohamed Maait has announced that Egypt achieved petroleum exports worth $13 billion with surplus $4 billion during the first nine months of the fiscal year (FY) 2021/22.
News / Egypt
Alfanar Signs MoU to Establish Green Hydrogen Project Worth $3.5B in Egypt
Saudi Arabia’s Alfanar announced that it has signed a memorandum of understanding (MoU) with Egypt to establish a green hydrogen project worth $3.5 billion in Ain El-Sokhna.
Zohr Field Production Reaches New Record of ٌ2.7 bcf/d
Petroshrouk Chairman Khaled Mowafy announced Zohr field achieved record success during fiscal year (FY) 2021/22 since its start in FY 2017/18, with production reaching 2.7 billion cubic feet per day (bcf/d) of natural gas in addition to 5,000 of condensates per day with investments $741 million.
Egypt, Djibouti Explore Petroleum Cooperation OpportunitiesÂ
Minister of Petroleum and Mineral Resources Tarek El Molla along with Djibouti's Minister of Energy and Natural Resources Yonis Ali Guedi has agreed to form a task force to identify cooperation opportunities in the petroleum sector.
Aton Completes Hamama West Gold-Silver Drilling Program
Aton Resources announced that it's has completed Hamama West gold-silver project, which is located in the Abu Marawat Concession in the Eastern Desert of Egypt.
Egyptian Cabinet Assigns North East Offshore Arish Concession to EGAS, Eni
The Egyptian Cabinet has granted the initial approval to award the Northeast Offshore Arish concession to Egyptian Natural Gas Holding Company (EGAS) and Eni for oil and natural gas exploration.
PGIE Shines a Spotlight on Egypt’s Booming Petrochemical, Gas Sectors
It was a vibrant opening for the Petrochemicals & Gas Industry in Egypt Conference and Exhibition (PGIE), as an event that has successfully attracted the attention of business leaders, government officials, and industry innovators working in the petrochemicals and gas industries all under one roof at the Egyptian Engineers Syndicate.Â
Egypt PM Witnesses the Signing of Seven Green Hydrogen MoUs
Prime Minister Mostafa Madbouly witnessed the signing of seven new memoranda of understanding (MoUs) to implement projects to establish industrial complexes with the aim of producing green hydrogen within the industrial zone in Ain Sokhna, according to the Cabinet.
SCA Explores Green Transition Cooperation with Denmark
Suez Canal Authority (SCA) Chairman Osama Rabie has met with Denmark’s Energy and Climate Minister Dan Jørgensen to discuss cooperation in the field of marine green transition.
Egypt, Cyprus Discuss Energy Cooperation, COP 27
During the meeting, El Molla highlighted the strength of the Egyptian-Cypriot relations, leadership, and people, which contribute to supporting economic cooperation and working to maximize the use of natural resources and achieve the common benefit of the two countries, noting that cooperation in the field of oil and gas represents one of the important axes in supporting economic relations between the two countries.
