Hamrawein Coal Plant Agreement to Be Signed in September
The Egyptian Electricity Holding Company (EEHC) is expected to sign the final contracts for the $4.4 billion, 6 GW Hamrawein coal-fired power plant in September.
News / Egypt
EGAS, GASCO Apply For Gas Licenses
The Egyptian Natural Gas Holding Company (EGAS) has applied for shipping and supply licenses from the Gas Regulatory Authority (GRA) while the Egyptian Natural Gas Company (GASCO) has applied for transportation and distribution licenses.
El Molla Signs Two E&P Deals Worth $65M
Oil minister Tarek El Molla has signed two oil and gas exploration and production (E&P) agreements in the Sinai and the Suez Gulf with investments of $65 million and $3.5 million signature grant.
Monday Minute: Economic Snapshot
A summary of the week’s important macroeconomic updates and indicators brought to you on one page for your convenience.
Apache to Increase Investment in Egyptian Oil Exploration to $1B
Apache has announced its plans to increase its annual investment in Egyptian oil exploration projects to $1 billion.
Cyprus to Ship Gas to Egypt in 2022
Cyprus is hoping to ship gas from its 4.5 trillion cubic feet Aphrodite offshore gas field to Egypt by 2022, Cyprus energy minister Giorgos Lakkotrypis has said.
El Molla: Petroleum Sector Attracted $10B FDI in 2017/18
Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.
Egypt Expects $10B Petroleum Sector FDI in FY 2018/19
Egypt expects foreign investors to pump $10 billion in foreign direct investment (FDI) into the country's petroleum sector in FY 2018/19.
Khalda Hits FY 2017/18 Production Targets
Khalda Petroleum Company achieved 110% of its oil production plan and 99% of gas production plan during FY 2017/18.
Dana Gas Delays New Investments in Egypt
Dana Gas will delay making new investments in Egypt's oil and gas sector due to unpaid arrears.
