News / Egypt

Fouad Warns Environmental Hazard Caused by Oil Tanker

Minister of Environment, Yasmine Fouad, urged the Council of Arab Ministers Responsible for the Environment (CAMRE) to avoid an environmental disaster caused by the lack of maintenance of the oil tanker (Safer) located in the Red Sea since 2015.

ADES Egypt Revenues Record $39.2 MM in H1 2020

Advanced Energy Systems (ADES) earned $39.2 million in revenues from its work in Egypt during H1 2020 against $43.6 million in H1 2019; indicating a 10% year-on-year (YoY) decrease.

BGS Completes APC’s Activities, Producing 100,000 bbl/d

BGS Energy Services completed its activities for the “U-3000 Project” at the Alexandria Petroleum Company (APC) refinery, now operating at its optimal production rate of around 100,000 barrels per day (bbl/d); saving $85 million annually.

EGYPS Webinar Highlights EMGF’s Statute Signage

The East Mediterranean Gas Forum (EMGF) statute signage will bring more promising investments in Egypt’s petroleum sector, Tarek El Molla, Minister of Petroleum and Mineral Resources, said during Egypt Petroleum Show’s (EGYPS) webinar ‘Egypt's Oil and Gas Insights - A Vital Engine for Growth’.

Three Renowned Firms Submit Bids in Egypt’s Gold Tender

Canadian firm Barrick Gold, Egypt-focused Centamin, and Naguib Sawiris' La Mancha Resources are competing in Egypt's international bid round for gold mining, which the Ministry of Petroleum and Mineral Resources announced last February.

EMGF’s Founders Sign Charter, Become Formally Established

The founding countries of the East Mediterranean Gas Forum (EMGF) have signed a charter on September 22 to become an established international organization contributing to developing natural gas fields and maximizing the utilization of natural resources in the Mediterranean region.

Cabinet Emphasizes Petroleum Sector Achievements

The Media Center of the Cabinet issued a report shedding light on the most important achievements that led to Egypt's economic resilience during coronavirus, on top of which are several milestones of the petroleum sector.

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience.

Enppi Ranked at 174 in ENR

Enppi has been rated at 174 from the best 250 international contractor companies in the Engineer News Records (ENR) ranking in addition to the ranked of 115 from 250 international design firms and rank of 138 from 150 global design firms.

El Molla Supports Egypt’s Future Leaders

Minister of Petroleum and Mineral Resources, Tarek El Molla, met Ahmed Mustafa Sharaf, the student who won first place in Egypt’s General Secondary School for Outstanding Students, Mathematics Division, in an honoring ceremony,

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