Egypt | Egypt Oil & Gas - Part 404

EBRD to Invest in Renewable Energy

European Bank for Reconstruction and Development (EBRD) decided to finance Egypt's renewable energy by around $544.38m

Egypt Approved Oil,Gas Exploration Licenses

The Egyptian Parliament's Energy and Environment Committee, in accordance with the committee for Constitutional and Legislative Affairs, approved 6 new exploration oil and gas agreements.

Egypt to Produce 5bcf/d of Gas

Egypt's production of natural gas will increase to 5bcf/d in the 2017/2018 fiscal year, from it's current level of 4.35bcf/d.

US, Egypt to Talk Investments

A US business delegation to Egypt led by David Thorne, senior advisor to Secretary of State John Kerry arrived to Cairo to meet with Egyptian ministers.

Egypt Reduced Gas Imports

The Egyptian Natural Gas Holding Company (EGAS) reduced gas imports from 1.1bcf/d to 1.05bcf/d after a decrease in gas consumption of power stations.

Infinity Solar Signed for FiT Phase I

The Egyptian Electricity Transmission Company (EETC) signed an agreement to purchase energy from Infinity Solar.

El Molla Met with Japan’s Ambassador

Egyptian Minister of Petroleum, Tarek El Molla, met with Japan's Ambassador to Cairo, Takehiro Kagawa, to discussed bilateral cooperation between the two countries along investments opportunities in the oil and gas s ...

Subsea 7 to Operate Atoll Field

The Pharaonic Petroleum Company awarded Subsea 7 with offshore contract to operate Egypt’s Atoll field.

Israel Reported Mulling Solar Investments in Egypt

Egypt is to partner with Israel in several projects including solar energy projects

Egypt to Boost Renewable Energy by 20%

The Egyptian New and Renewable Energy Authority's (NREA) Chairman, Mohamed El Sobky, stated by 2022 Egypt would have increased power production from renewable resource by 20%.

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