France | Egypt Oil & Gas - Part 2

El Molla Expresses Willingness to Promote Natural Gas Cooperation with France

During Prime Minister Mostafa Madbouly’s meeting with Bruno Le Maire, French Minister of Economy, Finance and Economic Revival, Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla indicated Egypt...

Macron Denies Russian Demand to Pay for Russian Gas in Roubles

French President Emmanuel Macron stated there are no reasons to give in to President Vladimir Putin’s demands to pay for Russian gas in roubles, Reuters reported. “All the texts that have been signed are clear. This i...

Egypt, France Hold Important Oil, Gas Talks

Minister of Petroleum Tarek El Molla met with French Ambassador to Egypt Marc Baréty to discuss joint cooperation in the oil and gas sector, the ministry said in a statement. El Molla congratulated the French ambassad...

Total Produces Sustainable Aviation Fuel in France

Total has started to produce Sustainable Aviation Fuel (SAF) at its La Mède biorefinery, in southern France, and its Oudalle facility near Le Havre, with a schedule to start production in 2024 at its zero-crude Grandp...

Total Sells Two Portfolios of Renewable Assets in France

Total has agreed to sell wind and solar farms portfolios of renewable assets to both banks Banque des Territoires and Crédit Agricole Assurances in France. Crédit Agricole Assurances bank obtains a 50% stake of 9 wind...

Total Agrees to Acquire Stake of 20% in India’s AGEL

Total Energy Group has agreed to buy a stake of 20% in India’s Adani Green Energy Limited (AGEL) in an attempt to enhance its presence in the renewable energy, Reuters reported. Total said that this transaction would ...

Total Acquires Fonroche Biogaz

Total company has announced the acquisition of Fonroche Biogaz, the French leader of renewable gas production, according to press release. Philippe Sauquet, President Gas, Renewables and Power at Total, commented: ...

France Officially Requests to Join EMGF

France officially asked to join the Eastern Mediterranean Natural Gas Forum (EMGF) during the third ministerial meeting of the forum, a press release reported. The US also requested joining the forum as a permanent ob...

Sonatrach Renews Gas Contract with France’s Engie

Algerian state energy firm Sonatrach has renewed its gas export deal with France’s Engie, Reuters reported. The contract is medium to long term. However, no further details on the quantity of gas to be delivered to En...

France Grants EGP 1.2 B for Egypt’s Energy, Gas Projects

Egypt and France have signed two grants on Tuesday, October 8, 2019 with a total value of €71 million (EGP 1.2 billion) to fund a €68-million project of delivering natural gas to houses, in addition to a €3-million pr...

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