Egypt | Egypt Oil & Gas - Part 417

Egypt Signs Solar Power MOU with China’s TBEA

Egypt has signed a memorandum of understanding (MOU) with Chinese company TBEA to construct a new 1,000 MW solar energy power plant.

Eni, BP to Extract 350mcf/d of Gas from South Baltim Field

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 Natural Gas Production Increased to 4.05bcf/d

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.

Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement

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 Completes Upgrading Nubaria Power Plant

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.

Egypt Negotiates LNG Imports

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.

Egypt Inks Exploration Agreements with Mediterra, IPR

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 to Exit Egypt’s Renewable Energy Market

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.

Ministry of Petroleum to Expand Midor’s Refineries in 2019

The Egyptian Ministry of Petroleum and Mineral Resources seeks to invest $1.6b in a project that aims to expand the refining facilities of the Middle East Oil Refinery (Midor) in order to meet the domestic demand of ...

Eight Energy Firms Apply for Offshore Gas Drilling Rights in Cyprus

Eight energy companies have submitted six applications for winning exploratory drilling rights in blocks six, eight, and ten in Cyprus’ Exclusive Economic Zone (EEZ).

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