Egypt | Egypt Oil & Gas - Part 359

Dana Gas to Drill New Wells

Tarek El Molla, met with Dana Gas to review plans for its joint venture El Wastani Petroleum Company (WASCO) to drill new wells to be added to production, as well as linking existing wells from Balsam field to produc ...

Egypt to Pay for Halted Fuel Cargoes

The Egyptian Ministry of Petroleum and Mineral Resources will receive $250m from the Ministry of Finance within January to pay dues of fuel providers to be able to import more fuel and release any cargo held in the E ...

Egypt to Import Fuel from UAE

Egypt is negotiating with the United Arab Emirates (UAE) to import petroleum derivatives such as benzene, diesel, and butane.

Egypt Delayed Fuel Price Hikes

Egypt, led by Prime MinisterSherif Ismail, decided to delay increasing fuel prices to May 2017. This came in hopes to linking the price hikes to the generalization of the third phase of fuel smart cards across the c ...

Firms Compete in Solar Plant Tender

Five companies are competing in a tender by the New Assiut City Development Authority, affiliated to the New Urban Communities, to build a 60KW capacity solar power plant .

GPC to Drill 18 Wells in 2017/2018

General Petroleum Company (GPC) stated to Egypt Oil&Gas that the company will drill 18 exploratory and development wells during the fiscal year 2017/2018.

Petrobel to Invest $630m in 2017/2018

Belayim Petroleum Company, otherwise know as Petrobel, approved an allocated budget at $630m investments for fiscal year 2017/2018 and it is studying the addition of $214m for new discoveries.

Infinity Solar Linked Plants to Power Grid

Infinity Solar Company connected two power plants to the national electricity grid as part of development project of Bashayer El-Khair 1 at Gheit El-Enab area in Alexandria.

Egypt Upgraded Ataqa Power Plant

Egypt started rerunning Ataqa power plant after Siemens and Mitsubishi performed maintenance work

Firms Invest $3b in Phase II of FiT

Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW.

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