News / Egypt
Hurghada Oil Spill Spreads Across 6 KM in The Red Sea
Egypt's Environment Ministry's committee reported that crude oil slicks in the Red Sea region of Gabal al-Zeit, were already floating over 6 km in the seas off northeastern Hurghada. In cooperation with the nature-reserve officials, the committee has conducted a survey to determine the path and the movement of the spills in order to contain the situation.
EGAS Launched 3rd Regasification Vessel Tender
Egyptian Natural Gas Holding Company (EGAS) will submit a global tender for renting a third floating and storage regasification unit (FSRU) with the capacity of 750mcf/d. The vessel will boost the gas import capacity to 1.95bcf/d, from the current capacity of 1.2bcf/d.
EETC to Collect 3rd Aswan Solar Energy Installment
The Egyptian Electricity Transmission Company (EETC) has addressed the solar energy companies’ investors in Aswan to pay the third installment of the EGP 10m cost-sharing agreement that links the solar power plants with the national electricity grid, before the beginning of July 2016.
EEHC, Recovered Energy to Sign Energy Efficiency Contract
The Egyptian Electricity Holding Company (EEHC) will ink an agreement with Recovered Energy, in July 2016, to invest $30m in increasing the efficiency of the Sixth of October Power Plant.
Eni to Build Solar Energy Station in South Sinai
The higher committee for the project of renewable solar energy utilization held its first meeting to study Eni’s project to establish a solar energy station for electricity generation with a capacity of 100 MW in Sinai.
Engie, Nareva Ink Energy Projects in North, West Africa
French energy firm Engie announced in a statement that it has signed a MoU with Moroccan Nareva Holding to develop new energy projects in north and west Africa including Egypt, Ivory Coast, and Senegal.
Egypt Receives $650m Fuel Shipments from Saudi Arabia
As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 2016 from it Saudi Arabian counterparts. The shipment includes benzene, diesel, and mazut products.
EGPC, Apache Ink Five-Year Extension Agreement
Apache Corporation has signed a five-year extension agreement to its Khalda-2 drilling concession in the Western Desert.
