Taqa Arabia | Egypt Oil & Gas - Part 4

Qalaa Holdings Revenues Grow by 27% YoY Driven by Energy Subsidiaries

Qalaa Holdings announced strong revenue growth of 27% year-on-year (YoY), recording EGP 45.8 billion in 2021, through the strong performance of its subsidiaries, especially the Egyptian Refining Company (ERC) and ...

PM Witnesses Operation of Natural Gas Connection Project in Kharga

During his visit to the New Valley, Prime Minister Mostafa Madbouly witnessed the operation of the first phase of Household Natural Gas Connection Project in Kharga, in the presence of senior officials.

EIGHTEEN, TAQA Power Sign Long-term Agreement for Energy Solutions

EIGHTEEN has signed an agreement with TAQA Power for the electrification of “EIGHTEEN project” and to put in place an effective distribution network to meet the developers needs with a highly reliable & effective ...

Qalaa’s Consolidated Revenues Increase 37% YoY

At ERC, despite a 22-day stoppage due to a scheduled maintenance in 2Q21, the refinery’s revenues increased by 52% year-on-year on the back of recovering market conditions.

TAQA Arabia, MAN Energy Sign MoU on Egyptian Green Hydrogen Project

According to the MoU, MAN Energy will provide technical information on employing electrolysis for a hydrogen-plant solution, due to run until autumn 2022.

Ostool Transport, Master Gas Sign CNG Agreement

Ostool Transport has signed a cooperation protocol to transport compressed natural gas (CNG) to Master Gas, a subsidiary of TAQA Arabia.

El Molla Highlights Oil, Gas Achievements During BEBA Webinar

The British Egyptian Business Association (BEBA) hosted a webinar in honor of Tarek El Molla, Minister of Petroleum and Mineral Resources, highlighting the oil and gas sector's achievements.

ENOC, Petromin Compete For Wataniya Petroleum Stakes

Dubai’s state energy firm, Emirates National Oil Company (ENOC), and Saudi Arabia’s Petromin Corporation have entered the bidding race for a majority stake in the army-owned gas station operator, Wataniya Petroleu ...

NBE, TAQA Arabia Sign Financing Contracts of EGP 916 MM

The National Bank of Egypt (NBE) and TAQA Arabia signed financing contracts with EGP 916 million to expand TAQA Arabia’s investment plans and reaffirming NBE’s strategic partner role in supporting big projects wit ...

MoP, MOIC Convene Multi-Stakeholder Platform

Ministry of Petroleum and Mineral Resources (MoP) convened the joint coordination cooperation platform with the Ministry of International Cooperation (MOIC), under the title “Egypt as a Regional Energy Hub: Reform ...

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