Energy News
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Egypt's oil and gas sector attracts global giants: Key updates
This article will help you understand in a nutshell the latest updates in Egypt's growing oil and gas sector.
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Shell discovers two new gas fields in Egypt
El Molla emphasized that Shell is a strategic partner for the petroleum sector and has been operating in Egypt for over 110 years.
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Egypt’s Bahr El-Baqar Wastewater Treatment project wins Abdlatif Y. Al-Hamad Development Award
This is the second Egyptian project to win that award after the South Helwan Electricity Generating Station won that award in last year’s editions.
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Egypt’s Wepco mulls USD 420 mn expansion of oil storage infrastructure at its Al Hamra Terminal
Wepco is planning to process 95 mn barrels of oil during the next fiscal year — an average of 260k barrels per day.
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Egypt receives 7 local, international offers to acquire Wataniya
The government is currently working on evaluating the offers to decide upon the best one, Elsaid pointed out.
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Chilean energy firm Enap Sipetrol looks to Egypt for concessions, oil exploration
The company aims to enhance production and inject further investments into Egypt's petroleum sector.
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Egypt’s Wepco kicks off the first phase of USD 420 oil storage project
The added storage capacity is expected to contribute to oil storage and export operations for the upcoming 2024 - 2025 fiscal year.
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Egypt signs land access agreement for world’s largest wind farm project
Egypt signed on Wednesday a land access agreement with an Egyptian-Emirati consortium to build a 10GW capacity onshore wind farm in Upper Egypt.
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Egypt designates land to build 10 GW wind energy project with $10B investments
The Minister of Electricity and Renewable Energy, Mohamed Shaker, stated that this 10 GW wind energy project is the largest of its kind in the ME.
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Shalateen Mineral Resources to launch international gold prospecting tender in Q4
Wadi Allaqi area will be divided into five gold prospecting sites, to be offered to local and international companies, the official pointed out.
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Egypt-Built Julius Nyerere Hydropower Dam in Tanzania Now 97% Complete
The USD 2.9 billion project, built and run by Egyptian companies, would double Tanzania’s energy input and enhance agriculture.
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Egypt’s water needs estimated at 114 billion cubic meters annually
According to the minister, all of Egypt’s necessary needs per capita during the sixties were estimated at about 2,000 cubic meters per year.
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World's largest water desalination, drainage station completed in Egypt
The Delta Station project is monumental endeavor in the agricultural sector, focusing on waterways and sewage in the Hamam area on the northern coast.
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Egypt to establish sanitary landfill for solid waste in Sohag at a cost of LE 62 million
The governor said that the sanitary landfill is being constructed on an area of 20 acres in the village of “al-Ghuraizat”.
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QatarEnergy to acquire two new exploration blocks offshore Egypt
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.
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Egypt aims for top spot as green hydrogen producer
The North African country has ample solar and wind energy resources.
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Egypt’s daily natural gas consumption hits 6.1B cubic feet in May
Egypt reportedly suspended exports of LNG as of May, in order to meet the demands of power plants.
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5 Key facts about ADES Holding's $43 million drilling contract in Egypt
This contract not only enhances ADES Holding’s operational footprint but also significantly contributes to Egypt's energy sector.
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1st phase of Egypt's first safe closure for waste dump completed
The plan is to get rid of the negative effects of random dumps, while rehabilitating the site, and implementing the infrastructure for parks.
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Egypt to achieve daily production of 5.7B cubic feet in FY2024/2025
To realize this growth, the commencement of operations at recently discovered deep-water fields in the western Delta will play a significant role.