Toyota | Egypt Oil & Gas

Egypt Signs Seven MoUs, Agreements for Sustainability, Emissions Reduction

Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of seven memoranda of understanding (MoUs) and agreements between the oil and gas sector and a number of international companies in the ...

Petroleum Sector Acquires Toyota’s EDC Shares

The Egyptian Drilling Company (EDC) disclosed, during its general assembly meeting, that the petroleum sector has acquired 50% of the company which was owned by the Japanese Toyota company. By the acquisition, Egypt h...

Egypt Plans to Drill 15 Exploratory Wells in FY 2019/20

The Egyptian Natural Gas Holding Company (EGAS) announced in its annual report for the fiscal year (FY) 2018/19 that it will launch a new international bid round during the FY 2019/20 on the western part of the Medite...

Japan Ambassador Discusses Collaboration with Egypt Oil Sector

Petroleum minister Tarek El Molla discussed Toyota’s contribution to the Suez refining and petrochemical complex and the Assiut mazut refinery with the Japanese ambassador to Cairo, Takehiro Kagawa, Egypt Oil &a...

Winner of Hamrawein Power Plant Tender To Be Announced June 13

The Ministry of Electricity will announce on June 13 the winning consortium to build the 6,000-megawatt coal-fired power plant in the Red Sea port of Hamrawein, an official source at the ministry told Amwal Al Ghad. T...

Egypt, Toyota Sign New Drilling Rig Agreement

The Egyptian Natural Gas Holding Company (EGAS), Ganoub El Wadi Petroleum Holding Company (Ganope) and Toyota have signed a $600 million agreement to purchase an offshore drilling rig capable of operating in deep wate...

Egypt Reviews Toyota’s Feasibility Study for Refining, Petrochemical Complex

The Egyptian Minister of Petroleum Tarek El Molla has discussed Toyota’s feasibility study for establishing a refining and petrochemical complex in Suez with company officials. The minister met with a company de...

Toyota to Import Natural Gas into Egypt

Toyota is in the process of gaining initial approval to import natural gas to sell to local factories, a senior official at EGAS told Egypt Oil & Gas. Currently three companies have initial approval to import natu...

Toyota Alliance to Complete Wind Farm Financial Closure

Toyota, Orascom, and GD France alliance is waiting the New and Renewable Energy Authority (NREA) to complete the land allocation agreement for the Gulf of Suez wind farm to complete financial closure and sign the powe...

Wind Farm Halted Due to Arbitration Clause

The Egyptian Ministry of Electricity and Renewable Energy called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Egypt, in order to complete the contracting on th...

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