Egypt Signs $400M Wind Farm Agreement
The Egyptian Ministry of Electricity and Renewable Energy signed a $400 million agreement with a private sector company to establish a wind farm.
News / Egypt
EGPC Signs 3 E&P Agreements with a Combined Value of $50M
The Egyptian General Petroleum Corporation (EGPC) signed three oil and gas exploration and production (E&P) agreements worth $50 million.
Trials Begin at Zohr’s Onshore Treatment Plant
Two burners at the onshore natural gas treatment plant at the Zohr natural gas field conducted trial operations.
Diesel Consumption Falls 18% Y.o.Y. in September
Consumption of diesel dropped to 1.082 million tons in September, an 18% year-on-year (Y.o.Y) decrease from the 1.3225 million tons consumed in September 2016.
Noble Energy Considers Investing in Egypt’s Oil & Gas Industry
Noble Energy expressed interest in investing in Egypt’s oil and gas sector and the possibility of linking the natural gas fields off Cyprus to Egypt's natural gas infrastructure.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new promotions and transfers.
Egypt’s Gas Flaring Can Cover 5% Electricity Production
Egypt's gas flaring is enough to cover 5% of domestic electricity production, Director and Head of Natural Resources at the European Bank for Reconstruction and Development (EBRD), Eric Rasmussen, stated.
Total to Add 9 Gas Stations in 2018
Total Egypt plans to establish 9 new gas stations in 2018. The stations are planned to be launched in Alexandria, Delta region, and Cairo.
Egypt to tender 500 MW solar plants in 2018
Ministry of Electricity and Renewable Energy plans to launch tenders for the establishment of 500 MW solar power plants during the first quarter of 2018.
Egypt Ranks 11th Globally in Gas Flaring
Egypt is the 11th country in gas flaring worldwide, Program Manager-Global Gas Flaring Reduction Partnership at the World Bank, Bjorn Hamso, stated, adding that Egypt jumped from the 9th to the 11th place.
