News / Egypt
Egypt Allocated $440m for Renewables
New and Renewable Energy Authority (NREA) allocated around $440m for renewable energy projects in fiscal year 2017/2018 compared to $220m in 2016/2017.
Schneider Electric Eyes Part in Egypt’s Nuclear Program
After its construction; France's Schneider Electric is aiming to be responsible for energy control and distribution in Egypt's Al Dabaa nuclear power plant by 2019.
Egypt to List 24% of Enppi in EGX
The Ministry of Petroleum and Mineral Resources will list 24% of the shares of Engineering for the Petroleum and Process Industries (Enppi) in the Egyptian Bourse. BP Begins Trial Operations at North Alexandria Offshore Concession
BP has begun trial operations at its North Alexandria offshore concession and is expected to bring the well to commercial production levels this year
El Sisi Met with the CEOs of Global Oil Companies
Egypt's President, Abdel Fattah El Sisi, met with the CEOs of BP, Rosneft, and Eni to discuss the progress on the companies’ projects in Egypt.
Egypt’s Petrochemical Projects to Start Producing by May
Mega petrochemical projects will start providing the local market with fuel by May, pointing out that these projects are able to solve the deficit between natural gas consumption and production.
BP Announces Third Gas Discovery in North Damietta
BP announced another gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. The Qattameya Shallow-1 exploration well was drilled to a total depth of 1,961 meters in water depth of approximately 108 meters.
El Molla: Human Capital is The Key Factor to Increase Revenue
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that developing the capabilities of both human capital and assets are important to keep up with the latest advanced technologies, as well as to increase profit.
