Agreement | Egypt Oil & Gas - Part 14

ADNOC, bp Forge Joint Venture to Advance Gas Asset Development in Egypt

ADNOC and bp have just announced that they have agreed to form a new joint venture (JV) for developing natural gas facilities in Egypt. The JV (51% bp and 49% ADNOC) will combine the pair’s deep technical capabilities...

Harbour Energy plc, Shareholders of Wintershall Dea Sign Business Combination Agreement

BASF, LetterOne and Harbour Energy plc (Harbour) signed a business combination agreement to transfer Wintershall Dea’s E&P business consisting of its producing and development assets as well as exploration rights ...

Egypt, Saudi Arabia’s ACWA Seal $4B Deal to Develop Green Hydrogen Project

Saudi-listed ACWA Power has announced that it signed the framework agreement, following the MoU that was signed in 7th of December 2022 to outline the development of the first phase of the green hydrogen project in Eg...

Petroleum Sector to Sign Agreement for Setting Methane Reduction Roadmap: El Molla

Minister of Petroleum and Mineral Resources Tarek El Molla has announced that the Egyptian petroleum sector is in the process of signing an agreement to set a roadmap for methane reduction in the industry. He elaborat...

PetroSafe, Nile Petroleum Marketing Company Sign Agreement for Providing Comprehensive HSE Services

The Petroleum Safety and Environmental Services Company (PetroSafe) signed an agreement with the Nile Petroleum Marketing Company to provide comprehensive services in health, safety and environment (HSE) as well as fi...

EMRA, Lotus Gold Ink Minerals, Gold Exploration Agreement

The Egyptian Mineral Resources Authority (EMRA) has signed an agreement with Lotus Gold Corporation to explore gold and minerals in three sectors with investments estimated at $2.5 million. The agreement was signed by...

Huawei Technologies Egypt Strengthens Ties with Oil and Gas Sector through Cooperative Agreements

Minister of Petroleum and Mineral Resources, Tarek El Molla, and Terry He, President of Huawei International for the North Africa Region, witnessed the signing of 3 cooperation agreements and memoranda of understandin...

Egypt, IEA Join Forces to Accelerate Implementation of Low Carbon Emissions Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has signed a program with the Executive Director of the International Energy Agency (IEA) Fatih Birol to work together in supporting the transition to a low c...

Baker Hughes Awards Two Contracts from Vår Energi

Baker Hughes announced that it has awarded two contracts for supplying technology from Vår Energi which  expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea p...

Baker Hughes, Shell Energy Enter Into Agreement to Supply Renewable Energy

Baker Hughes has announced that it has signed an eight-year-long power purchase agreement (PPA) with Shell Energy Italia to supply renewable energy for Baker Hughes’ Industrial & Energy Technology (IET) Italian fa...

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