Korra Energi has struck a deal with an unnamed American company to supply the equipment and technology system for the flare gas recovery project, Mohamed Medhat, Company’s Head of Energy Solutions, stated.
Minister of Petroleum and Mineral Resources, Tarek El Molla, has witneesed the signature of a memorandum of understanding (MoU) between companies Petrojet and Baker Hughes for maximizing their cooperation in the fields of projects design and implementation.
Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Egypt is ready to be one of the producing countries of green hydrogen due to its climate.
Sidi Kerir Petrochemicals (Sidpec) has earned a net income of EGP 151.7 mn in Q1 2021 against a net loss of about EGP 31.3 million in Q1 2020, according to a press release.
Arab Petroleum Pipelines Company (SUMED) announced that it has amended articles number 23 and 39 of its policy accompanied its establishment law no (7) 1974 by adding two paragraphs for both articles.
Egypt's Ambassador to Abidjan, Wael Badawi, met with Thomas Camara, Ivorian Minister of Mines, Oil, and Energy, to discuss ways of promoting cooperation between Egypt and Cote d'Ivoire in the energy and mining fields.
A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.
Minister of Petroleum and Mineral Resources, Tareq El Molla, stated that the Egyptian Petrochemicals Holding Company (ECHEM) and the Egyptian Ethylene annd Derivatives Company (ETHYDCO) plan to establish a new unit for coloring and granulating polyethylene with investment from EGP 700 to 800 million to produce 60,000 tons per year, according to a press release.
Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the Egyptian Mineral Resources Authority (EMRA) signed a $ 5.2 million contract with the British company Nubian Mines on gold exploration in the Eastern Desert, according to press release.
Minister of Petroleum and Mineral Resources, Tareq El Molla, held meeting to follow up on the natural gas car conversion and the expansion of the natural gas stations to reach about 1000 stations in Egypt by the end of 2021, according to press release.
