News / Egypt

UAE Allocated $4b in Support to Egypt

The United Arabic Emirates has allocated $4b to Egypt to boost country's economy, the UAE state news agency WAM informed.

GANOPE, NREA Sign MoU to Use Geothermal Energy

Ganoub El-Wadi Petroleum Holding Company (GANOPE) and the New and Renewable Energy Authority (NREA) signed a Memorandum of Understanding (MoU) to utilize geothermal energy, according to a press release Egypt Oil&Gas received.

ENI and Oil, Electricity Ministers Discuss Solar Power at Balaeim

Mohamed Shaker, Minister of Electricity, and Tarek El Molla, Minister of Petroleum, met with a delegation from Italian company ENI to discuss its offer to establish a power plant that would use solar energy to generate electricity at the oil-producing field, Balaeim.

Oil Minister Evaluated Zohr Operation Developments

Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee - EGAS, EGPC, Petrobel, and ENI to follow up on the implementation phases of the Zohr field and evaluate the development of operations as per the timeline in place.

Oil Minister: Egypt Is Committed to Improving Investment Climate

Speaking at the opening ceremony of the 8th Mediterranean Offshore Conference & Exhibition, Tarek El Molla, Minister of Petroleum and Mineral Resources, said that Egypt is committed to continue the development of private investment climate in the oil and gas industry to support cooperation with international oil companies.

Alexandria Witnesses Launch of MOC

Tarek El Molla, Minister of Petroleum and Mineral Resources, and Mohamed Ahmed Abdel Zaher, Governor of Alexandria, have launched the 8th Mediterranean Offshore Conference and Exhibition (MOC) on April 19th, under the auspices of Prime Minister Sherif Ismail, a ministry press release stated.

French Investments in Egypt to Increase by 10% in 2017

The Egyptian-French Business Council expects French investments in Egypt to increase by 10% in 2017.

Egypt, France to Sign 11 MoUs in Electricity Sector

The Egyptian Ministry of Electricity will sign 11 memoranda of understanding (MoU) and cooperation agreements with France during French President, François Hollande’s visit to Cairo, according to government sources.

Tharwa Petroleum Drilled Three New Wells in Siwa

Tharwa Petroleum Company announced it had drilled three new wells in Siwa in the Western Desert, all of which have achieved positive results and were placed on production maps, Geologist Adel Said, Chairman of Tharwa Petroleum Company, said.

French President Visits Cairo to Boost Bilateral Economic Ties

French President, Francois Hollande, arrives to Egypt seeking to boost economic ties between the two countries.

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