Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.
Egypt’s daily natural gas production has increased to 4.05bcf within the last week of July – for the first time since the beginning of 2016 – compared to a production volume of 4bcf in previous weeks.
The House of Representatives Legislative Committee has ratified a number of agreements in different fields, among these agreements, was the the Egyptian-Saudi nuclear energy agreement that was inked in Early-April 2016.
GE Power has announced that it has completed upgrading two GE 9FA gas turbines at the Middle Delta Electricity Production Company’s (MDEPC) Nubaria power plant, located in Beheira, Egypt.
The Egyptian government is in negotiations with the states, that are involved in a joint-cooperation agreement with Egypt and own LNG companies, to supply Egypt’s LNG requirements for two years.
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed two agreements that grant Cyprus’ subsidiary Mediterra and US IPR oil and gas company exploration rights in Upper Egypt.
Italy’s Enel Green Power has decided to withdraw its investments from the renewable energy market in Egypt and seek the compensations for the investments that were already injected in the sector.