investment | Egypt Oil & Gas
Scatec Secures $217 Mn Financing for Egypt’s Dandara Solar Project
Scatec has secured $217 million in non-recourse financing for the first phase of the Dandara solar and battery energy storage project in Egypt and is starting construction, said the Norwegian renewable energy company....
Badawi, TotalEnergies Discuss Accelerating Cyprus Gas Link Project
Egypt is seeking to accelerate the project to connect Cypriot natural gas to its infrastructure and expand cooperation with French energy company TotalEnergies to advance exploration, production, and gas investment op...
Venezuela Expects $76 Bn in Oil, Natural Gas Investments Over Five Years
Venezuela is expecting to attract approximately $76 bn in investment in its oil and natural gas sectors over the next five years as the government seeks private capital to boost production, interim President Delcy Rod...
Indorama Eyes Egypt Petrochemical Expansion
Aloke Lohia, CEO and founder of Indorama Ventures, a Thailand‑based global chemical group, voiced interest in expanding investments and operations in Egypt during talks with Foreign Minister Badr Abdelatty. The meetin...
Badawi Urges Sustained Oil and Gas Investment to Safeguard International Energy Supply
Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi urged continued investment in oil and natural gas exploration, production and infrastructure to bolster energy security during the 17th ministerial meet...
Madbouly Meets Investors to Drive Mining Sector Growth
Prime Minister Mostafa Madbouly held a roundtable with local and international mining companies and financial institutions to discuss developing the country’s mining sector, improving infrastructure, and strengthening...
IFC Mulls $120 Mn Debt Financing for Egypt’s Gabal El Zeit Wind Farm
The International Finance Corporation (IFC), the World Bank’s private sector arm, is considering extending a $120 million debt facitlity to UAE’s Al Cazar Energy to fund the acquisition, operation, and ma...
Egypt Secures $3.55 Mn AfDB Grant for ‘Ra’ Green Ammonia Project
The African Development Bank Group (AfDB) will provide a $3.55 million grant to Egypt for the “Ra” project for green ammonia production in East Port Said, as part of the bank’s Africa Green Hydrogen Progra...
