Egypt | Egypt Oil & Gas - Part 2

ENPPI, ELAB, and PMS Secure Temporary EGX Listings Ahead of Stake Sale

The Engineering for the Petroleum and Process Industries (ENPPI), the Egyptian Linear Alkyl Benzene Company (ELAB), and the Petroleum Marine Services Company (PMS) have been initially listed on the Egyptian Exchan ...

Badawi Visits Damietta LNG Plant, Affirms Readiness for Cypriot Gas

Karim Badawi, Minister of Petroleum and Mineral Resources, inspected the Damietta liquefied natural gas (LNG) plant, situated northwest of Damietta Port, to review the readiness and efficiency of its operational s ...

China’s SANY to Establish Egypt’s First Wind Turbine Manufacturing Plant

China’s SANY Group, a leading global wind turbine manufacturer, signed a Memorandum of Understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy Authority (NREA ...

Dana Gas Egyptian Output Increases by 30,000 boe/d

Dana Gas, the Middle East’s largest regional private sector natural gas company, revealed its drilling results across its Nile Delta concessions, with several wells successfully completed and tied into existing in ...

Sisi Approves KWD 300,000 Grant for Egypt-Jordan Power Interconnection Project

President Abdel Fattah El-Sisi has approved a memorandum of understanding (MoU) for a grant worth 300,000 Kuwaiti dinars from the Arab Fund for Economic and Social Development (AFESD) to finance a feasibility stud ...

EIB Eyes $152 Mn Investment for Major 500MW Wind Project in Egypt

The European Investment Bank (EIB) is evaluating the financing a renewable energy project in Egypt, which involves the design; construction; and operation of the Niat and Rasgha wind farms, two adjacent utility-sc ...

MRMIA and MovingFert Sign MoU to Unlock Phosphate Potential in Abu Tartour

Egypt's Mineral Resources and Mining Industries Authority (MRMIA) signed a memorandum of understanding (MoU) with MovingFert Egypt. The MoU is to work on a collaborative study to evaluate an integrated project for ...

Afreximbank Launches $100 Mn Gold Refinery Project in Egypt‏

The African Export-Import Bank (Afreximbank) will inject between $50 million and $100 million to construct a landmark gold refinery in Egypt, with execution scheduled to begin by the end of 2026,  Ayman Elzoghby, ...

Egypt, World Bank Align on Decarbonization Under GFMR Framework

Mahmoud Nagy, Undersecretary for health, safety, and environment (HSE), Energy Efficiency, and Climate, and Official Spokesperson of the Ministry of Petroleum and Mineral Resources (MoPMR), met with the World Bank ...

Vaalco Energy Expands Egypt Output with HE-9 Well Launch

US Vaalco Energy has kicked off its 2026 onshore Egyptian drilling campaign by bringing the HE‑9 development well online in early June. The well encountered 26 meters of net pay in the Asl B reservoir in the Gulf ...

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