News / Egypt
Egypt Inks Agreement on 18 Projects Funded by China
The Egyptian and Chinese ministers of trade and industry, along with the ministers of investment, have signed an agreement to research and execute 18 Chinese-funded projects that aim to increase the productive capacity of both China and Egypt.
Zohr Gas Reserves Estimates Rise to 32tcf
The discovery of a large gas-carrying layer at Zohr field’s second well, that was developed by Italian company Eni, has resulted in an increase of the field’s total gas reserves to 32tcf, compared to formerly estimated production volume of 30tcf.
Assiut Power Plant Tenders Attract 26 Companies
Twenty-six national and international companies have submitted their offers for the transformer, electrical work, civil work, and reservoir tenders at the Assiut Al-Walideya power plant. The final decision on the four tenders will be made within three months.
Egypt’s Oil Sector Evaluated Environmental, Social Impact of Nidoco
Egypt's oil sector representatives evaluated the environmental and social impact of the development project Nidoco, in the Nooros field in the Nile Delta, west of Abo Madi area.
Petrobel Discussed Environmental Impact of Zohr
Belayim Petroleum Company (Petrobel) held a community consultation meeting in Port Said to discuss the evaluation of the environmental and social impact of the development of the Zohr field in Shorouk area in the Mediterranean Sea.
Electricity Ministry Negotiates Benban Projects
Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan.
EGAS Completes Drilling 4th Well in Zohr Field
The Egyptian Natural Gas Holding Company (EGAS) Chairman, Mohamed El Masry, has announced that his company has completed drilling the fourth well in Zohr natural gas field, in the Mediterranean Sea.
Egypt Marks $7.7b Investments in New Oil Industry Projects
Egypt's Ministry of Petroleum and Mineral Resources stated in a report that the current investments in new oil industry projects amount to roughly $7.7b.
