A consortium of Belgian companies and the management consulting company, Roland Berger, submitted the feasibility study report on producing green hydrogen in Egypt and exporting it to Europe.
Aton Resources has signed a contract with Energold Drilling to carry out a minimum of 4,250 meters of diamond drilling at its Abu Marawat Concession in September.
Ostool Transport has signed a cooperation protocol to transport compressed natural gas (CNG) to Master Gas, a subsidiary of TAQA Arabia.
As part of Halliburton’s ongoing sustainability commitment and focus on environment, social, and governance improvement, Halliburton Egypt started several projects and initiatives with a goal to enhance local communities.
The Egyptian Chemical Industries (Kima) has agreed with a consortium of six local banks to restructure EGP 6.8 billion in outstanding debt.
Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions in the Western Desert.
The Egyptian General Petroleum Corporation (EGPC) renewed its contract with the Iraqi government to import about one million barrels (bbl) of crude oil per month.
Tarek El Molla, Minister of Petroleum and Mineral Resouces, alongside a delegation from Emerson international company, discussed cooperation plans on digital transformation as well as advanced technological solutions for the petroleum sector.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Electricity Minister and Renewable Energy Mohamed Shaker hinted that Egypt’s green hydrogen projects could cost about $3-4 billion in the early stages.
