Cabinet Issues E&P Agreements Licenses
The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession.
The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession.
The Egyptian local market consumed around 275,000 tons per week, across the state’s sector, while the country’s output reached 130,000 per week.
The Alexandria Electricity Distribution Company (AEDC) issued six tenders for local firms as a part of its plans to refurbish and develop its infrastructure.
The construction of Egypt's Dabaa nuclear power plant could start in 2020, Alexei Likhachev, Rosatom CEO, has announced.
Egypt has completed the EGP 12 million maintenance of the gas turbines and solar systems in the Kureimat solar plant, said Mohamed El Khayat, head of the New and Renewable Energy Authority.
The Egyptian Ministry of Electricity and Renewable Resources has delayed the initial public offerings of three firms onto the Egyptian Exchange until electricity subsidies are lifted.
SDX Energy Corporation started the initial drilling operations at its Ibn Yunus-1X exploration well located at South Disouq field.
The Egyptian General Petroleum Corporation (EGPC) recently succeeded in pumping 250,000 butane cylinders during the past week to cover the demands of the commercial and residential sectors across the country.
ADES International Holding Company will borrow a syndicated loan worth $450 million over five years in order to finance acquisitions following the company’s 2017 initial public offering.
The Egyptian International Gas Technology (Gastec) owns 52% of the market share of the total natural gas sales for cars.