News / Egypt
SDX Energy Completes 3D Seismic Data Acquisition in Egypt
SDX Energy Inc. has completed the acquisition of some 300 square km of 3D data on the South Disouq asset, located onshore the Nile Delta in Egypt, “safely, under budget, and ahead of the anticipated schedule.”
EETC to Tender Egyptian-Saudi Electricity Project
The Egyptian-Saudi electricity linkage project lines and cables are set to be tendered towards the end of June by the Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company.
Shell, Apache to Complete Apollonia Field Tests by June
Royal Dutch Shell will partner up with the American corporation Apache in the Apollonia field in the Western Desert to complete the initial tests required for gas production by end June.
Egypt to Divert Natural Gas Supplies from Industries
In an attempt to meet the increased demand from the electric power plants, Egypt will divert the natural gas supplies away from the industry in August.
EGAS Exempted from $270m Fine for Damietta Gas Cuts
The Paris-based International Court of Arbitration has declared that The Egyptian Natural Gas Holding Company (EGAS) will be exempted from paying a $270m fine related to gas cuts at its foreign-owned LNG plant in Damietta.
Oil Minister Held Third Review Meeting on Zohr
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, chaired the third regular committee meeting evaluating the execution phases of the Zohr field project development.
Solar Energy Investors Postpone EGP 9m Installment
Egypt’s Ministry of Electricity has accepted investors' request for an extension to pay the third installment of the cost-sharing agreement for solar energy projects in Banban, Aswan, worth EGP 9m, which was due in June.
Merlon to Increase Fayoum Investments to $100m
Merlon, an American company working in research and exploration in Egypt, allocated around $100m to implement production and development operations in its concession area in Fayoum in the next fiscal year 2016-2017 (FY), compared to $85m in the last FY.
