Egypt | Egypt Oil & Gas - Part 413
Egypt and Israel Unite Over Energy Deals
The first Egyptian Foreign Minister to visit Israel in nine years, Sameh Shoukry, discussed with his Israeli counterparts the natural gas exports to Egypt and regional cooperation in building joint infrastructure for ...
Egypt Inks Agreement on 18 Projects Funded by China
The Egyptian and Chinese ministers of trade and industry, along with the ministers of investment, have signed an agreement to research and execute 18 Chinese-funded projects that aim to increase the productive capaci ...
Electricity Ministry Negotiates Benban Projects
Egypt’s Ministry of Electricity and Renewable Energy is currently negotiating, with four consulting firms, the construction reports of four energy substations in Benban, Aswan.
EGAS Completes Drilling 4th Well in Zohr Field
The Egyptian Natural Gas Holding Company (EGAS) Chairman, Mohamed El Masry, has announced that his company has completed drilling the fourth well in Zohr natural gas field, in the Mediterranean Sea.
TAQA Arabia Considers Constructing New 50MW Power Plant
Egypt’s largest private sector energy distribution company, TAQA Arabia, is considering establishing a new 50MW-capacity solar power plant. It will come in addition to the existing 50 MW solar plant project that the ...
Italy’s Eni to Start Drilling Offshore Cyprus in 2017
The CEO of Italian oil and gas company Eni, Claudio Descalzi, has announced that exploratory drilling off Cyprus’ southern shore will be initiated in 2017.
Saipem Wins EPCI Contract to Develop Zohr
Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, sta ...
CBE Notes $3.7b Decrease in Egypt’s Export Proceeds
As a result of the declining oil prices that are witnessed on a global scope, Egypt’s export proceeds have decreased by $3.7b during the first nine months of fiscal year (FY) 2015/2016.
