OIL AND GAS

18 Feb 2018

EETC receives bids for Kom Ombo solar tender next month

The Egyptian Electricity Transmission Company (EETC) is set to receive bids for the construction of a 200mW solar power plant in Kom Ombo next month.

Sources in the Ministry of Electricity told Daily News Egypt"...

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17 Feb 2018

Egypt licenses 1,420 MW of wind power generation

Egypt has officially awarded electricity generation licences to four wind farms with a combined capacity of 1,420 MW, the Daily News Egypt reports.

The Egyptian electric utility and consumer protection regulatory"...

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15 Feb 2018

Construction launched on 166.5 MWp of solar parks in Egypt

German-based solar developer Ib vogt GmbH said today it has initiated construction of three solar parks in Egypt with a combined capacity of 166.5 MWp.

The company serves as the engineering, procurement and construction"...

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14 Feb 2018

Zohr field to save Egypt $4bn by end-2019

The first undersecretary of the Ministry of Petroleum for gas affairs, Mohamed Moanas, expects the giant Zohr gas field will save Egypt $4bn or more after it enters full production in 2019.

This came on the second"...

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14 Feb 2018

Egypt issues regulations allowing private sector gas imports

Egypt has issued long-awaited executive regulations that will allow the private sector to import natural gas directly, according to a statement from the prime minister's office on Tuesday.

Egypt's parliament"...

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13 Feb 2018

Petroleum Ministry introduces new octane 95 petrol with additives for improved performance

A special octane 95 petrol will be introduced in Egypt for the first time. It will be customised by different petroleum products producers, and each will carry different trade marks, starting with Exxon Mobil and Total, Minister of Petroleum Tarek El-Molla announced at a press conference"...

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13 Feb 2018

BP begins gas production from $1bn Atoll phase one field offshore Egypt

BP has commenced gas production from the $1bn Atoll phase one field offshore Egypt, seven months ahead of schedule.

Located in the North Damietta Concession offshore Egypt in the East Nile Delta, the Atoll field"...

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12 Feb 2018

Petroleum Ministry to pay more dues to foreign partners before end of FY 2017/2018

Egypt’s Ministry of Petroleum and Mineral Resources’ dues to international oil companies were reduced to $2.3bn by the end of last fiscal year (FY) 2016/2017, following the implementation of the state’s economic reform programme.

The"...

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11 Feb 2018

Toyota-Orascom-GD France alliance wins tender for wind farm in Gulf of Suez

The Egyptian Electric Utility and Consumer Protection Regulatory Agency (Egypt ERA) granted the Toyota-Orascom-GD France alliance a 20-year license to produce electricity from a wind farm in the Gulf of Suez. The project will generate 250 MW with investments of €250m.

"...

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10 Feb 2018

Egypt-Turkey tensions reignite over gas – report

Political tensions between Turkey and Egypt, which mounted following the deposing of Egyptian President Mohamed Morsi in July 2013, are ratcheting up again, this time over ownership of natural gas fields in the Mediterranean.

Egypt"...

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