Centamin company announced that it has awarded engineering, procurement and construction (EPC) contract for establishing solar farm of 36 megawatt in addition to 7.5-megawatt battery-energy storage system at the Sukari Gold Mine to juwi AG and Giza Systems.
Prime Minister Mostafa Madbouly witnessed the signature of land allocation contract for establishing the largest refinery and petrochemical complex in Ail Al-Sokhna at the Suez Canal economic zone (SCZONE) with investments worth $7.5 billion.
The ASD-1X Well has been successfully tested from both the Lower Bahariya and Abu Roash C (ARC) reservoirs and reached a Total Depth (TD) of 3,750 meters on March 30, several days ahead of schedule and under budget.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced amendments in the latest petroleum sector transfers movement.
Prime Minister Moustafa Madbouly assigned both ministries of petroleum and electricity to expedite drafting a detailed national strategy for green hydrogen to become the basis and reference for negotiation processes with international companies in this field.
APA corporation announced that it has reached an initial agreement with the Egyptian Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation (EGPC) in the framework of modernizing the petroleum sector.
Egyptian General Petroleum Corporation (EGPC) has announced the launch of the digital application “EGPC uSafe” that aims to raising awareness of health, safety and environment (HSE) systems
Mohamed Saad El-Din, Chairman of the Board of Directors of Saad El-Din Group and the Liquefied Petroleum Gas (LPG) Investor Association, confirmed the launch of the first trial operations of transporting natural gas by tankers.
Khalda Petroleum Company and Qarun Petroleum Company announced that they will pump around $1 billion investments in the Western Desert during the fiscal year (FY) 2021/2022, as Khalda targets to invest $830 million while Qarun will invest $252 million in different oil and gas relevant activities
United Oil & Gas PLC (UOG) recorded $9 million in Egypt in 2020 and its total profit reached $0.85 million in 2020, according to UOG’s press release.
