Toyota | Egypt Oil & Gas

Petroleum Sector Acquires Toyota’s EDC Shares

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

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 Me ...

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.

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.

Egypt, Toyota Sign New Drilling Rig Agreement

The Egyptian Natural Gas Holding Company, the 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 wat ...

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.

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.

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.

Wind Farm Halted Due to Arbitration Clause

Egypt called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Cairo, in order to complete the contracting on the Suez Gulf wind farm.

Egypt to Issue Financial Guarantee for Wind Farm

The Egyptian Ministry of Finance approved issuing a financial guarantee for a new 250MW wind farm in the Gulf of Suez to be granted to a venture between Toyota, Orascom and GD France.

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