Egypt | Egypt Oil & Gas - Part 428

$45bn to be Pumped into Egypt’s Renewable Sector

Investment Minister Ashraf Salman said it is expected that investments worth $45bn will be pumped into Egypt's new and renewable energy sector over the next 10 years, state agency MENA reported on Monday.

El-Hamra Oil to Inject $70m Investment Over the Next Fiscal Year

Chairman El-Hamra Oil Osama Nassif announced that his company is planning to inject investments worth $ 70 million over the next fiscal year 2015-2016,

Egypt to Extend Mediterranean Gas Exploration Tender

Egypt has extended its tender for natural gas exploration in the Mediterranean Sea by two months with the addition of four new blocks, the state gas board said on Tuesday, as the country seeks to boost domestic energ ...

Italian Delegation Looking into Further Oil, Gas, Electricity, Renewables Cooperation

A high-ranking Italian economic delegation comprising of five officials headed by Deputy Minister of Economic Development Carlo Kalinda arrived in Cairo today to discuss how to support and enhance economic cooperati ...

Egypt’s Natural Gas Investments Total $13bn: Official

The total volume of Egypt's investments projected for the drilling and extracting natural gas has reached US$13 billion, the first undersecretary of the Egyptian oil ministry Shrief Sosa said Monday.

Egypt’s Carbon Holdings Hopes to Conclude $4bn Debt Financing

Egypt's Carbon Holdings hopes to conclude a $4 billion debt financing with export credit agencies to back its $7.4 billion Tahrir Petrochemicals project by the end of this year, its chief executive said on Monday.

Gas Shortages and Unproductive Usages Plague Suez Cement

Suez Cement has invested approximately EGP 12bn since its operation in Egypt began, but has not maintained its gas supply for two months without facing cuts

Approvals for Orascom Solar Project Still Pending

Orascom Telecom awaits solar energy project PPA, says deputy executive director

Ganoub El Wadi Selling Data Packs for Gulf of Suez Zones

Four companies are purchasing data for four zones in the Gulf of Suez

Ethanol Production to Utilize Rice Straw in Renewables Drive

Rice straw will be used to produce ethanol, which will be used to produce electricity

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