Egypt | Egypt Oil & Gas - Part 231

30% of Benban Plants Construction Complete

Companies working in Benban solar park completed 30% of the solar power plants' construction at the end of February 2019.

Egypt Issues 18 Licenses for Gas Distribution

The Gas Regulatory Authority issued two licenses to EGAS to ship and distribute natural gas, and three licenses to GASCO to supply, deliver, and distribute natural gas.

DMWA Resources Backs-off Acquiring Lagia Oil in Egypt

The African-focused resources and trading company decided to seek acquiring other marginal oil and gas field across the continent.

Ennpi, Petrojet Sign Training Protocols with AASTMT

Enppi signed a cooperation protocol with AASTMT for training, scientific research, higher education and consultancy.

Electricity Production Increases by 1.4% YOY in November 2018

Egyptian electricity production increased by 1.4% YOY in November 2018, recording 14.5 MWh compared to 14.3 MWh generated in November 2017.

Enppi’s IPO to Take Effect before June

ENPPI's IPO on EGX is expected to take place before the end of the first half of the year.

EBRD Launches Women in Green Energy Conference in Egypt

EBRD announced the event, which comes in cooperation with GCF, to boost gender equality in the Egyptian renewable energy sector.

Egypt, Australia Discuss Petroleum Cooperation

El Molla met with the Australian Ambassador to Egypt, Glenn Miles, to discuss new cooperation scopes between the two countries, especially in the field of mining.

Renewable Energy Saves 4.6 B Tons Fuel

Egypt saved around 4.6 billion tons of equivalent fuel during 2018 due to the usage of renewable energy while generating electricity.

Shell Gas Production from Burullus and Rashid Drops by 37.5%

Royal Dutch Shell natural gas production from Burullus and Rashid fields declined by 37.5%, reaching 250 mmscf/d compared to 400 mmscf/d a year ago due to the natural decline of wells.

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