News / Egypt

Eni Flows Gas at Zohr 2X Appraisal Well

Italy-based Eni has announced that its Zohr 2X appraisal well in the Shorouk block offshore Egypt has delivered up to 44mscf/d of gas during production tests.

NREA Head Calls for Arab States’ Renewables Entity

Egypt's New and Renewable Energy Authority's (NREA) Head, Mohamed Salah El Sobky, has called for establishment of a special renewable energy entity for Arab states.

Egypt’s Petroleum Marine Services Co. Wins Four Developmental Projects

Egypt-based Petroleum Marine Services Company (PMS) has won four large developmental projects of Amal C for PICO International Petroleum, Egypt's largest private sector oil and gas company.

US Graviton Capital Mulls Renewable Energy Investments in Egypt

Graviton Capital, a US company, is pondering investments in small new and renewable energy projects in Egypt. If investments are approved, the financing operation will cost between $10m to $20m.

Egypt Denies Planning Loan Talks with IMF

Egypt has denied recently published reports that it was seeking a loan from the International Monetary Fund (IMF), Central Bank of Egypt (CBE) Governor, Tarek Amer.

Egypt, Jordan, Iraq Affirmed Joint Oil, Gas Pipeline Projects

Egyptian, Jordanian, and Iraqi Oil Ministers confirmed their countries' commitments to pursue oil- and gas-related projects that had been previously agreed through a Memorandum of Understanding signed in mid-November 2015, Egypt's government informed in a statement, following trilateral talks held in Cairo.

EU Official: Egypt Is on Right Path in Renewable Energy Development

Egypt is on the right path to development as the government is adopting several encouraging and successful policies, especially in the energy sector, Head of the European Union Delegation to Egypt, James Moran, said.

Egypt Reduces Natural Gas Prices to Steel, Iron Factories

Egypt will reduce the price of natural gas to steel and iron factories to $4.5 per 1m thermal units from the current $7, Industry Minister, Tarek Kabil, informed.

Egypt, Jordan, Iraq Held Talks on Basra-Aqaba Oil Pipeline

Egypt, Jordan, and Iraq held talks in Cairo on the development of the Basra-Aqaba oil pipeline project seeking to revive the 2015 trilateral Memorandum of Understanding.

Orascom Secures $20m Contract for West Nile Delta Gas Project

National Steel Fabrication, a subsidiary of Orascom Construction (OC), has signed a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.

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