Egypt, Germany Sign Economic Partnership
The partnership enhances cooperation in the field of low carbon emission through boosting cooperation in renewable energy and energy efficiency.
Egypt | Egypt Oil & Gas - Part 230
Ministry of Electricity, Eni Renew Negotiations over Solar Power Plants
Italian Eni has renewed negotiations with the Egyptian Ministry of Electricity and Renewable Energy over establishing 1000 MW solar power plants with investment costs reaching $1 billion.
IMF Approves Fifth Loan Tranche to Egypt
The IMF board completed the fourth review of Egypt's economic reform program, allowing the fifth tranche to be disbursed to the North African country.
Egypt Consumes 1 M tons of Diesel in January
The country produced between 520,000 and 550,000 tons of diesel via all its refineries in January, covering around 50% of the market's consumption.
Egypt to Double Natural Gas Output in 2020
Egypt is conducting four projects and adding them to production according to plans with total investments estimated at $27.2 billion.
International Firms Bid for 250 MW Wind Farm in Gulf of Suez
The competing companies include Spanish Siemens –Gamesa, Danish Vestas, and German Senvion.
Egypt Produces 1,000 MW Electricity from Gabal El Zeit, Zaafarana Wind Farms
The Ministry of Electricity and Renewable Energy seeks to boost production capacity from wind farms through new projects such as the 250 MW generation project that operates by 3 companies.
Lebanon Seeks to Re-import Egyptian Natural Gas
Egypt and Lebanon agree on revising the operational, economic, and commercial annexes in light of the 2009 contract between the two countries.
Petrobel Awards Rig Contractor to Shelf Drilling
Petrobel awarded a contract for Shelf Drilling's jack-up rigs to operate in the Gulf of Suez.
Egypt to Develop 11 Oil and Gas Projects in FY 2019/20
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
