Projects | Egypt Oil & Gas - Part 4

Ganope’s Oil Production Increases by 10% in FY 2021/22

The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope) Nael Darwish announced that his company succeeded in increasing its reserves by adding 15 million barrels during fiscal year (FY) 2020/21 to ...

Cabinet Approves Establishment of Green Hydrogen Projects at Benban Solar Park, Gulf of Suez

The cabinet has approved the use of two plots of land for Egypt Green Hydrogen Company to start a project to produce green hydrogen and its derivatives from green ammonia using renewable energy.

Saipem to Close Russia’s Arctic LNG 2 Projects

According to its interim financial report, Saipem is in talks with Novatek to end two contracts related to Russia's $21-billion Arctic LNG 2 project led by Moscow-listed gas producer Novatek .

Aramco, Sinopec Ink Cooperation MoU

Aramco and Sinopec signed a Memorandum of Understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies.

Madbouly, El Molla Review Investment Opportunities in Refining, Petrochemicals Sector

Prime Minister Mostafa Madbouly met with Tarek El Molla, Minister of Petroleum and Mineral Resources to review a number of investment opportunities in the refining and petrochemical sectors, in the presence of Saa ...

Zaki: SCZone to Implement Hydrogen Projects Soon

Chairman of the Suez Canal Economic Zone Authority (SCZone) Yehia Zaki said that the SCZone will meet with representatives from hydrogen companies whom it signed memoranda of understanding (MoUs) with to implement ...

Rystad Energy: Egypt to Become Green Hydrogen Giant

Egypt’s green hydrogen projects' pipeline records 11.62 gigawatts (GW), which is equivalent to more than 1.57 million tons of green hydrogen, according to Rystad Energy research.

El Molla Follows Up on Latest Petrochemical Sector Developments

The Minister of Petroleum and Mineral Resources Tarek El Molla confirmed that the petrochemical sector targets an ambitious vision aims to support the industry during the coming period as an added value industry w ...

El Molla, Eni Discuss Ramping Up Petroleum Production, Investments

Minister of Petroleum and Mineral Resources, Tarek El Molla, met with a delegation from the Italian company Eni, which included Guido Brusco, Director General of Natural Resources, Antonio Panza, Regional Manager ...

Wintershall Dea Writes Off Nord Stream 2 Financing

Responding to Russian attack to Ukraine, Wintershall Dea announced that its AG’s Management Board decided to stop advancing or developing new oil and gas projects in Russia and to stop financing Nord stream 2 with ...

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