News / Egypt
MoP: EGP 813 Million Saved Due to Improved Energy Efficiency
The Ministry of Petroleum and Mineral Resources announced that it has implemented low cost operations for energy efficiency optimization allowed to save EGP 813 million annually in 31 petroleum companies.
MoP Connects 1.2 Million Households to Natural Gas Grid in 2021/2022
Despite the repercussions of the Corona virus and the current Russian-Ukrainian crisis and its direct impact on the global economy, and within the framework of the state’s plan to expand the use of natural gas and replace it as an alternative to liquid petroleum products to reduce the financial burdens borne by the state budget, the natural gas delivery program was implemented during the year 2021/2022 for 1.2 million housing units.
Egypt Oil & Gas Takes Center Stage at Hytera’s PMR Summit in Turkey
Hytera, the global leading provider of professional communications equipment and solutions, hosted the Professional Mobile Radio (PMR) Summit Middle East & Africa at the Conrad Istanbul Bosphorus in Istanbul on 17 June 2022. The event was attended by Hytera valued partners, end-users, and industry leaders from fields including PMR, public safety, energy, IT, telecom, transportation, and utilities.
PetroSafe, Chevron Explore Cooperation Opportunities in HSE
Petroleum Safety and Environmental Services Company (PetroSafe) and Chevron have discussed means of cooperation in line with Chevron' strategy to expand its exploration and production (E&P) in Egypt during the upcoming period.
bp Awards 3D Seismic Imaging Project Offshore Egypt to CGG
bp and joint venture partner Pharaonic Petroleum Company have awarded a 3D seismic imaging project ti CGG for the first OBN survey to be conducted in the Nile Delta's Atoll field.
UOG’s ASV-1X Encounters Primary, Secondary Reservoirs in Abu Sennan
United Oil & Gas Plc announced that it has encountered primary and secondary reservoirs while drilling ASV-1X exploration well in the Abu Sennan licence.
PetroSafe Carries Out Simulation to Combat Petroleum Pollution in Hurghada
Petroleum Safety and Environmental Services Company (PETROSAFE) carried out a simulation training (Mahrousa) to combat petroleum pollution of the second level in Hurghada as part of Egypt’s Sustainable Development strategy.
Egypt’s Iqat Gold Mine to Begin Production in Q4 2022
On the sidelines of Egypt Mining Forum 2022, the Chairman of Shalateen Mining Company Ashraf El Amir said that he expects that the Iqat mine will start production during Q4 2022.
Investors Praise Role of Egypt’s Reforms in Creating Attractive Climate for Mining Investments
CEOs and leaders of top mining companies have emphasized the role of the Egyptian government in developing the mining sector which attracted foreign investments in Egypt and expanded participation in gold mining bid rounds.
