El Sewedy Electric to Build Substations in Port Said
The new turnkey contract is an EPC agreement with EGP 550 million of total value.
The new turnkey contract is an EPC agreement with EGP 550 million of total value.
The company will complete drilling the field's 15th well in April, and with new wells being drilled and production starting by the end of May, the number of the natural gas producing wells will be boosted to 11.
The Cypriot House of Representatives approved the agreement between Egypt and Cyprus to establish a natural gas subsea pipeline between the two countries.
Any price changes would only be announced in official statements from the Egyptian Cabinet, according to the Ministry of Petroleum’s Spokesman, Hamdy Abdel Aziz.
The Egyptian Nuclear Power Plants Authority (NPPA) obtained a site permit to construct El Dabaa nuclear power plant, said Amged el Wakil, head of the NPPA.
The newly acquired asset will add around 70,000 barrels per day (b/d) to the company’s production as it has the potential to produce 100,000 b/d.
Dana Gas announced an increase in production by 5% in Q1 2019, reaching 68,700 barrels of oil equivalent per day.
Carbon Holdings Company wants to build a world-scale naphtha cracker in Egypt’s Suez Canal Economic Zone (SCZone).
Egypt is committed to producing around 20% of its electricity from renewables by 2022.
The Egyptian Refining Company (ERC) has supplied 100,000 tons of low-sulfur petroleum products from its operational trials.