Maersk | Egypt Oil & Gas
PM Approves Allocating Land for Generating Wind Power to Feed Green Hydrogen, Green Fuel Projects
Prime Minister Mostafa Madbouly has approved the allocation of a piece of land in Gabal El Zeit area within the Gulf of Suez to be used in generating wind power at a capacity of 320 megawatts. This power will be used ...
Maersk to Establish a $15B Clean Fuel Project in Egypt
President Abdel Fattah El-Sisi met with Maersk Group CEO Søren Skou, in the presence of Osama Rabie, Chairman of the Suez Canal Authority, and Hany El Nady, Maersk Egypt’s Chief Group Representative, according t...
SCA Explores Green Transition Cooperation with Denmark
Suez Canal Authority (SCA) Chairman Osama Rabie has met with Denmark’s Energy and Climate Minister Dan Jørgensen to discuss cooperation in the field of marine green transition. Rabie affirmed the keenness of the SCA t...
EGPC to Acquire Maersk’s Stake in EDC
The Egyptian General Petroleum Corporation (EGPC) will purchase Maersk Drilling Company’s 50% stake in the Egyptian Drilling Company (EDC) for $100 million, Al Ahram Newspaper reports. The purchase will be made ...
El Molla Chaired EDC’s General Assembly
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly of the Egyptian Drilling Company (EDC), to review 2016 results, i...
Africa Oil Corp Projects New Oil Wells in Kenya
Africa Oil Corp. and its two joint venture partners, Tullow Oil, and Maersk, have announced new plans to drill up to eight exploration and appraisal wells in Kenya starting from December to boost proven resources and ...
Sonatrach, Maersk Signed Upstream MoU
The Algerian sate owned company, Sonatrach, signed a memorandum of understanding (MoU) with Danish Maersk to establish a framework suitable for prospecting new opportunities between the two companies in upstream proje...
Kenya to Delay Auctioning Oil Blocks
Kenya’s Ministry of Energy and Petroleum says that the country will not rush the auction of the 17 new oil exploration blocks it created recently despite rising interest from investors, The Star reported. In April 201...
