Petroleum Investments Record EGP 540 B in Five Years
Egypt saw a total of EGP 819 billion of investments from 2014 to 2020, of which 66% have been invested prior to December 2018 in 79 projects that cost EGP 540 billion.
Egypt | Egypt Oil & Gas - Part 213
Delek Drilling Seeks Acquiring Stakes in Egyptian Liquefaction Plants
The company wants to buy parts of either Idku or Damietta liquefaction facilities as a part of its deal with Egypt to liquefy gas and export it to global markets.
BP to Boost Production from Giza, Fayoum Fields to 700 mmscf/d
BP plans to add 300 million standard cubic feet per day (mmscf/d) from Giza and Fayoum natural gas fields to production.
Petroleum Arrows Transports 8.5 M Liters of Petroleum Products
The company transports 3,000 tons per day of butane, recording around 63% of the total transported amounts across Egypt.
Petroneel Earns $7.5 M from Fueling Jets
The company further earned $7.6 million from fueling ships in the ports of Safaga, Hurghada, Nuweiba, Sharm El Sheikh, El Hamrawein, and Abu Tartur.
Electricity Generated from Renewables Increases by 24.9% YOY: CAPMAS
Electricity generated from renewable resource in Egypt increased by 24.9% year-on-year (YOY), recording 2,780 GWh in FY 2016/17.
MIDOR Refines 43.8 M Barrels of Oil in 2018
The company produced 5 million tons of different high quality petroleum products that meet global standards.
Inpector Capital Acquires Scimitar Production Egypt
The company further revealed that it has appointed Erik Vollebregt as Executive Chairman of Scimitar Production Egypt. Previously, Vollebregt had served as the Commercial and Finance Director of Shell Nigeria.
Benban Solar Park to Provide 1.8 GW Electricity: EBRD
Benban Solar Park will cover around 37 km2 of desert with solar panels in 2019, providing around 1.8 Gigawatt (GW) of electricity.
Egypt to Invest $1.5 B in 4 Petrochemical Projects
The Egyptian Ministry of Petroleum plans to allocate $1.5 billion over four years to expand the petrochemical industry through four new petrochemical projects.
