News / Egypt
Egypt Awards Geophysical Data Contract
Ganoub El Wadi Petroleum Holding Company (Ganope) awarded WesternGeco Schlumberger and TGS a $720m contract for geophysical data in Ganope's concession areas.
GASCO Covers 60% of Electricity Plants Gas Demands
Egyptian Natural Gas Company (GASCO Company) is covering 60% of the gas needs in electricity power plants through the volumes it injects in the national grid.
Egypt to Pump Natural Gas to 600,000 Households
The Egyptian Ministry of Petroleum and Mineral Resources is targeting pumping natural gas to 600,000 households on an annual basis.
El Molla Visits Ethydco’s Petrochemical Complex
The complex is covering the local market needs of polyethylene and exporting the remaining to secure dollars.
Insurers Compete to Cover GASCO’s Assets
Eight insurers are competing to win commissions to provide insurance that will cover the assets of the Egyptian Natural Gas Company (GASCO).
El Molla Visits Sumed’s LNG Platform
Egyptian Minister of Petroleum visited the liquefied natural gas (LNG) recipient platform and related facilities owned by Arab Petroleum Pipelines Company (SUMED) to follow up on the experimental work in the platform and facilities located in Ain Sokhna Port.
Electricity Ministry Announces New Tariffs
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, announced the details of the new electricity prices according to consumption brackets in an official press conference.
Egypt Announces Consortium to Run Enppi IPO
CI Capital Investment Banking, Emirates NBD Capital Limited, and Jefferies International Limited are the winners of Enppi's consortium.
