Egypt | Egypt Oil & Gas - Part 378
Damanhour Power Project Pushed to 2022/2027
The Egyptian Ministry of Electricity has decided to defer the Damanhour power plant project to its 2022/2027 five-year plan, and accordingly it will delay issuing related tenders.
Zohr Pipeline Obtained Environmental Approvals
The Egyptian Ministry of Environment approved the study to build a 220km pipeline with a 26 inche diameter in order to move production from the Zohr gas field to an onshore processing station in Port Said Governorate.
BP to Buy 10% Stake in Zohr
UK's BP reached an agreement with Italian Eni to buy a 10% stake in Egypt's Shourouk Concession which includes Zohr field for $375m.
Gabal El Zeit Showed Potential Hydrocarbon Reserves
UK's Vega Petroleum production tests on Gabal El Zeit area discovery EGZ-1X in the Gulf of Suez area in Egypt yielded estimated production rates of 1000b/d of oil and 1mcf/d of gas.
Egypt to Pay EGP 800m to Fuel Power Plants
The Egyptian Ministry of Electricity will pay EGP 800m to the Ministry of Petroleum for fuel consumed by power plants.
Egypt to Build 250MW Wind Farm
Egypt's New and Renewable Energy Authority (NREA) will launch a tender for a 250MW wind farm mid-2017, with the Agence Francaise de Developpement (AFD), the European Union, KfW Development Bank, as well as the Europe ...
El Molla Opened Crude Pipeline
Egyptian Minister of Petroleum, Tarek El Molla, visited petroleum fields belonging to Qarun Company and Petroshahd Company to inaugurate a number of new projects.
Egypt to Review Pre-Devaulation State Deals
The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.
