Petrojet Profits Exceed EGP 23 B in 2017
The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Egypt | Egypt Oil & Gas - Part 273
Infinity Solar to Finalize 130 MW Solar Plant
Infinity Solar Company plans to complete a 130 MW solar power plant during Q1 2019.
EAEA to Establish Nuclear Fuel Plant
The Egyptian Atomic Energy Authority (EAEA) will establish a plant with Wadi El-Nil Company that will produce nuclear fuel to be used in nuclar power generating plants and atomic plants.
Egypt to Receive Second Shipment of Iraqi Crude
Egypt will receive its second crude oil shipment from Iraq in two weeks, an official at the Egyptian General Petroleum Corporation has said.
EGAS to Launch Natural Gas Exploration Outbidding
The Egyptian Natural Gas Holding Company (EGAS) plans to launch outbidding for the exploration of nine offshore and onshore natural gas concessions during Q2 2018.
El Molla Chairs Egyptian Energy Hub Meeting
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has chaired a meeting of the committee tasked with transforming Egypt into a regional energy trading hub.
NREA, JICA Finalize Studies for Hurghada PV Station
The New and Renewable Energy Authority (NREA) is establishing an electricity generation station with the Japan International Cooperation Agency (JICA).
Egypt Gas Shareholders Approve Dividend Payouts
Egypt Gas's general assembly has authorized the company to pay out dividends of EGP 1 per share.
EDC Acquires 74% of Drilling Work in Egypt
The Egyptian Drilling Company (EDC) owns 74% of the offshore and onshore drilling market in Egypt, alongside performing 35% of well-repair activities.
Infinity Solar to Build 100 MW Zaafrana Wind Plant
Infinity Solar is currently developing a 100 MW wind facility at Zaafarana in order to support the government’s renewable energy program.
