News / Egypt
Egyptian Parliament to Discuss New Gas Law
The Energy Committee at the Parliament will start holding discussions on the new Gas Regulatory Law in mid December.
Ganope Extended Its Exploration Tender
Ganoub El Wadi Petroleum Holding Company (Ganope) announced the extension of the closing date of its international bid round for 2016 on 10 Blocks.
FiT Investors to Bear Increased Construction Costs
The Egyptian Ministry of Electricity aims to increase costs sharing percentages associated with solar energy Feed-in-Tariff (FiT) by 30% after EGP devaluation.
Egypt Pushed Back Power Projects
The Egyptian government decided to postpone negotiations on five power projects for which it had signed memorandum of understandings (MoU) in Sharm El Sheikh in March 2015.
APEX Awarded First Blocks in Egypt
Apex International Energy has been awarded its first blocks in Egypt for a minimum investment in two concessions of $27.4m in first exploration phase.
Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m
Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.
EEHC, NSPO to Review Smart Meter Bids
The Egyptian Electricity Holding Company (EEHC) and the National Service Products Organization (NSPO) will complete analysis of the offers presented by nine local and international firms tendered to the Ministry of Electricity for the supply of 250,000 smart electricity meters.
El Molla Reviewed Petrobel’s Nedoco Progress
Belayim Petroleum Company (Petrobel) finished testing its new wells Nedoco South West7 and Nedoco West 3. In addition, the company added Nedoco South West 2 to the national grid early November, with a capacity of 85mcf/d of gas.
