Suez Canal | Egypt Oil & Gas

Sulnox, Pan Marine Partner to Distribute Eco Fuel in Egypt

Sulnox Group Plc, a UK-based greentech company, has signed a distribution agreement with Pan Marine Petroleum Services (Pan Marine). The collaboration integrates Sulnox’s fuel-saving and emission-reducing technology w...

East Port Said Receives World’s First Green Fuel Ship

The Suez Canal Economic Zone has announced the arrival of the first green fuel container ship in the world. The ship was received by East Port Said in the first voyage of the ship, belonging to the shipping line Maers...

House of Representatives to Discuss Four Licensing Laws for E&P in Suez Canal

The Egyptian House of Representatives announced that it will discuss four laws licensing oil and gas exploration and production (E&P) on their next discussion session on Wednesday 21st June. The agenda of the disc...

Affinity V Oil Tanker Refloated After Running Aground at the Suez Canal 

Suez Canal Authority (SCA) Chairman Osama Rabie has announced the successful refloating of the Affinity V oil tanker and its navigation movement returned to normal after it ran aground due to a technical issue with th...

Suez Canal Revenues Reach a Record $7B in 2022/21

Suez Canal Authority (SCA) Chairman Osama Rabie announced that the Suez Canal’s revenues achieved an unprecedented record during the fiscal year (FY) 2022/21 reaching $7 billion which is the highest in its history, Al...

“Energean Power” FPSO Successfully Passes Through the Suez Canal

The Floating Production Storage and Offloading (FPSO) “Energean Power” has successfully passed through Suez Canal within the Southern convoy which is the first crossing of its kind in the history of the ca...

Monday Minutes: Economic Snapshot

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience. February 27 Coverage to March 6 The Central Bank of Egypt (CBE) announced that Egypt’s net internati...

Cabinet Highlights Key Energy Sector Developments in Sinai, Suez Canal

Egypt’s Cabinet has released a report highlighting some of the key energy sector accomplishments that were achieved in the Sinai Peninsula and the Suez Canal over the past 7 years. This report, which also discussed a ...

Maridive Participates in Salvaging the Ever Given Container Carrier in Suez Canal

Maridive and Oil Services Company takes pride in its contribution to refloat the giant Panamanian container carrier (Ever Given) that was grounded in the Suez Canal, blocking the channel on Tuesday, March 23rd, 2021. ...

El Molla Highlights Egypt’s Potentials to Become Ship Bunkering Hub

The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with officials of Mercuria International Company to discuss ways to increase Egypt’s role as an integrated central hub for ship bunkering...

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