News / Egypt
BP Increases Stake in Nile Delta Gas Project
BP has increased its stake in Egypt’s West Nile Delta gas project to 82.75 %, gaining equity in the North Alexandria and West Mediterranean Deep Water Concessions.
Shell Sees Opportunities in Egypt’s Automotive Market
Shell ponders further investment in the Egyptian automotive market in the future, given its expected growth in production capacity.
EGAS to Launch a New Bid Round for Mediterranean
The Egyptian Natural Gas Holding Company (EGAS) is preparing for a new bid round, to be completed by the end of Q4 2016, Daily News Egypt reports.
ECHEM to Launch Several New Petrochemical Projects
The Egyptian Petrochemicals Holding Company (ECHEM) in the process of setting up a project to convert natural gas to olefins, and polyolefins GTP, reported Egypt Oil & Gas.
Egypt Expecting $6b in Renewables FDI over 2 Years
Egypt is expecting to see $6b in foreign direct investments for renewable energy projects over the next two years, an official with the Egyptian Ministry of Investment stated.
DEA Completes Equity Reduction Deal in West Delta Project
DEA has completed its equity restructuring deal in the West Nile Delta.
GTUPW Signs Protocol with Kuwait in the Petrochemical Industry
The General Trade Union for Petroleum Workers (GTUPW), headed by Mohammed Saafan, signed a protocol of cooperation with the Kuwaiti Federation of Petroleum and Petrochemical Workers, headed by Yousif Yacoub Al-Kandari, reported Egypt Oil & Gas. Israeli Delegation Sent to Cairo over Gas Lawsuit
Egypt will receive an Israeli delegation sent to discuss the recent ICC ruling over disrupted Egyptian gas exports to Israel.
