News / Egypt
Gabal El Zeit Showed Potential Hydrocarbon Reserves
UK's Vega Petroleum production tests on Gabal El Zeit area discovery EGZ-1X in the Gulf of Suez area in Egypt yielded estimated production rates of 1000b/d of oil and 1mcf/d of gas.
Egypt to Pay EGP 800m to Fuel Power Plants
The Egyptian Ministry of Electricity will pay EGP 800m to the Ministry of Petroleum for fuel consumed by power plants.
Egypt to Build 250MW Wind Farm
Egypt's New and Renewable Energy Authority (NREA) will launch a tender for a 250MW wind farm mid-2017, with the Agence Francaise de Developpement (AFD), the European Union, KfW Development Bank, as well as the European Investment Bank (EIB) having agreed to fund the project.
El Molla Opened Crude Pipeline
Egyptian Minister of Petroleum, Tarek El Molla, visited petroleum fields belonging to Qarun Company and Petroshahd Company to inaugurate a number of new projects.
Egypt to Review Pre-Devaulation State Deals
The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.
Egypt, Saudi Arabia Talked Mineral Cooperation
Egyptian Minister of Petroleum, Tarek El Molla, met with Saudi Minister of Energy, Industry and Mineral Resources, Khaled Al Falih, to discussed minerals investments and bilateral cooperation in the field of mining.
Egypt to Build Nuclear Plant in Matrouh
Egypt's Nuclear Power Plants Authority (NPAA) and global consultants WorleyParsons are resuming feasibility and technical studies for establishing a nuclear power plant at Marsa Matrouh.
Western Desert Showed Significant Oil, Gas Capacity
Tests results of the new discovery well BTE - 2 at Badr El-Din Petroleum's (Bapetco) Alam El Shawish concession showed a production capacity of 20mcf/d of gas and preliminary estimated reserves of 500bcf.
