News / Egypt
El Molla Met with Japan’s Ambassador
Egyptian Minister of Petroleum, Tarek El Molla, met with Japan's Ambassador to Cairo, Takehiro Kagawa, to discussed bilateral cooperation between the two countries along investments opportunities in the oil and gas sector.
Subsea 7 to Operate Atoll Field
The Pharaonic Petroleum Company awarded Subsea 7 with offshore contract to operate Egypt’s Atoll field.
Israel Reported Mulling Solar Investments in Egypt
Egypt is to partner with Israel in several projects including solar energy projects
Egypt to Boost Renewable Energy by 20%
The Egyptian New and Renewable Energy Authority's (NREA) Chairman, Mohamed El Sobky, stated by 2022 Egypt would have increased power production from renewable resource by 20%.
Egypt to Build Wind Farm in Suez
The New and Renewable Energy Authority (NREA) will partner with Orascom Construction, Franc's GD France, and Japan's Toyota to establish a wind farm with a capacity of 250MW of electricity in the Gulf of Suez.
Egypt to Launch 3 Solar Plants in Wadi Al Gadeed
Three new solar energy power plants will be launched in Al Wadi Al Gadeed with investments around $15m funded by the United Arab Emirates (UAE).
IDB to Cover Fuel Imports
Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
Egypt Invested $5.49m in Solar Plant
The Egyptian Academy of Scientific Research and Technology (ASRT) will launch a new solar power plant in Sharkya with investments around $5.49m.
