Projects | Egypt Oil & Gas - Part 4
El Molla Reviews Efforts to Monetize Golden Triangle Potentials
Minister of Petroleum and Mineral Resources Tarek El Molla has met with the Board of Directors of the General Authority for the Economic Zone of the Golden Triangle headed by Adel Saeed. During the meeting, Saeed show...
Egypt Signs 119 Petroleum Agreements Over the Past Nine Years
The Ministry of Petroleum and Mineral Resources (MoPMR) stated that after the petroleum sector returned to roll out bid rounds, 119 new petroleum agreements were signed with international companies, with investments o...
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 ...
Egypt, World Bank Explore Cooperation in Natural Gas, Mining, Emissions Reduction
Minister of Petroleum and Mineral Resources Tarek El Molla has received the Regional Director of the World Bank’s (WB) Infrastructure Department in the Middle East and North Africa region Paul Noumba where they ...
Fitch Solutions: Egyptian Petrochemical Sector Exports Grew 45% in 2021
Fitch Solutions indicated that the Egyptian petrochemical, chemical, and cement industry exports have grown by 45% reaching $6.7 billion by 2021 driven by natural gas growth and high prices, the Information and Decis...
Local Petrochemical Production Reaches 4.3M Tons in FY 2021/22
Minister of Petroleum and Mineral Resources Tarek El Molla said that the local production from the petrochemical industry reached 4.3 million tons at the end of the fiscal year (FY) 2021/22 compared to 2.1 million ton...
Town Gas Achieves Revenues Worth EGP 3.2B in 2022
Town Gas announced that it has achieved revenues of EGP 3.2 billion in addition to a net profit worth more than EGP 72 million during 2022. The announcement was made during the general assembly meeting of the company ...
TotalEnergies, Corio Sign Agreement to Develop Offshore Wind in Taiwan
TotalEnergies has signed a joint venture (JV) agreement with Corio Generation to develop the Formosa 3 offshore windfarm in Taiwan. According to the JV, Corio will maintain its status as the majority shareholder with ...
