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Egypt
Natural Gas
Exxon Makes Natural Gas Discovery in Mediterranean Sea off Egypt
Exxon Mobil Corp. discovered natural gas off the coast of Egypt after successfully drilling an exploration well in the Mediterranean Sea.Exxon completed the Nef…
Oil&Gas Drilling
BP Eyes First Gas Months Earlier With Subsea Ops Already Underway, as Valaris Rig Moves to Next Well
Valaris DS-12 drillshipUK-headquartered energy giant BP has wrapped up drilling activities at two wells, targeting to bring them on stream next month. To this e…
Wind Power Project
ENGIE to Expand Capacity of Wind Farm Project in Egypt
The wind farm is currently under constructionENGIE has announced the expansion of its flagship wind farm project situated along the shores of the Gulf of Suez i…
Wind Turbine
ACWA Power Secures $703M for Egyptian Wind Power Plant
ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez gove…
Energy Investment
SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid …
Wind Farm
EBRD Supports the Largest Onshore Wind Project in Africa
The European Bank for Reconstruction and Development (EBRD) is promoting renewable energy and low?carbon technologies in Egypt by arranging a syndicated loan wo…
Green Hydrogen
Egypt’s Abu Qir Fertilizers Signs Deals for Green Hydrogen, Automation
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has overseen the signing of three strategic agreements aimed at enhancing the sustainab…
Solar Power Plant
Amea Power Commissions 500 MW Solar Plant in Egypt
Amea Power has held an inauguration ceremony for a 500 MW solar installation in southern Egypt. The project, completed in 18 months, is the largest of its kind …
Natural Gas
Egypt’s Cabinet Approves Oil, Natural Gas Exploration Agreements in Key Concessions
The Cabinet has approved two draft petroleum commitment agreements involving the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Cor…
Natural Gas
Dana Gas Receives $20 Million in Payment From Egypt
Dana Gas, one of the largest private natural gas companies in the Middle East, received a $20 million payment from the Egyptian government, taking the total pay…
Solar Cell
EliTe Solar Opens Solar Cell Production Facility in Indonesia
Just a few months after beginning construction on a cell manufacturing factory in Egypt, Singapore’s EliTe Solar has opened a cell manufacturing facility …
Natural Gas
ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.During a meeting i…
Floating Solar
Combining Floating PV With Compressed Air Energy Storage
Researchers from Egypt and the UK developed a new floating PV system concept that utilizes compressed air for energy storage. The system has a roundtrip efficie…
Solar project
Norwegian Platform Invests $50 Million in Egyptian Renewables
Empower New Energy, a Norwegian solar investment platform, has signed a $50 million agreement with Egyptian independent power producer Engazaat to fund a renewa…
LNG
Egypt seeking long-term LNG deals with U.S. companies
Egypt is currently in talks with U.S. and other foreign companies to purchase long-term volumes of liquefied natural gas (LNG) instead of relying on the more co…
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