Business - Energy

Drilling rig for Zohr field to arrive in Egypt by end-January: Eni CEO

Claudio Descalzi, CEO of the Italian energy company Eni, announced that the drilling rig for the Zohr gas field is expected to arrive in Egypt by 28 or 29 January to resume operations.

Egypt, Italy's Eni discuss establishing $150 mln LNG import terminal in Damietta

Egypt and Italian energy company Eni are discussing establishing a new liquefied natural gas (LNG) import terminal in Damietta on the Mediterranean coast, with approximately $150 million, according to Asharq Bloomberg.

British Petroleum adds two new gas wells for production off Egypt's coast

The Ministry of Petroleum and Mineral Resources announced Sunday that drilling for two additional wells in the Raven Gas Field, operated by global energy giant British Petroleum (BP) off Egypt's Mediterranean coast, has been completed.

UK gas reserves 'concerningly low': Biggest supplier

Britain's biggest gas supplier said Friday UK storage levels are "concerningly low" owing to high demand caused by freezing weather and after Ukraine ended Russian gas transit to Europe.

Egypt denies delay in gas production from Zohr field

The Ministry of Petroleum and Mineral Resources denied Thursday the false news circulating regarding the delay in gas production from the Zohr gas field.

Promising opportunities for renewable energy production in Egypt: Center of Excellence for Energy

Dahlia El-Tayeb, In-Country Director of USAID’s Center of Excellence for Energy (COEE), stressed promising opportunities for renewable energy production in Egypt.

Egypt secures $275 mln finance for wind power plant in Gulf of Suez

Egypt has secured $275 million in joint financing from three international financial institutions to support the development of a 1.1-gigawatt wind power plant in the Gulf of Suez, the Ministry of Planning, Economic Development, and International Cooperation announced on Monday.

What we know about Abydos 1 solar power plant

The Abydos 1 Solar Power Plant, inaugurated on Saturday by Prime Minister Mostafa in Aswan, is one of Africa's largest solar power plants.

PM Madbouly inaugurates Abydos 1 Solar Power Plant

Prime Minister Mostafa Madbouly inaugurated the Abydos 1 Solar Power Plant on Saturday in Kom Ombo, Aswan.

British Petroleum to begin production from new well in Egypt by Q1 2025

British Petroleum (BP) CEO Murray Auchincloss announced that BP plans to commence production from a new well in Egypt by the first quarter of 2025, according to a statement released by the Egyptian Cabinet on Monday.

Egypt, Jordan sign MoU to leverage gas infrastructure at lower costs

Egypt and Jordan signed a memorandum of understanding (MoU) to leverage Egypt's gas infrastructure while enabling Jordan to access floating storage and regasification units (FSRUs) in Egypt for the next two years, according to a statement released by Egypt’s Ministry of Petroleum and Mineral Resources.

Egypt partners with Swiss & Emirati firms to build EGP 1 bln plant for infrastructure piping

Swiss-based GF Piping Systems, Egypt's Gas Company, and the UAE's Green Coast Enterprises inaugurated a plant in Cairo on Thursday, valued at EGP 1 billion. The facility aims to deliver a reliable infrastructure piping system, enhancing the region's industrial capabilities.

Egypt, UAE sign agreements to boost renewable energy transition and sustainable development

​Egypt and the UAE inked agreements and memorandums of understanding (MoUs) on Wednesday to accelerate the transition to renewable energy, strengthen clean sources infrastructure, and foster sustainable development.

Egypt signs 2 MoUs for generating 5,200 MW of electricity from renewable energy

Prime Minister Mostafa Madbouly attended the signing of two memorandums of understanding (MoUs) to generate electricity at a 5,200 megawatts (MW) capacity from renewable energy, according to a cabinet statement on Thursday.

Climate adaptation needs more resources, impactful coordination: Egypt environment minister at COP29

Minister of Environment Yasmine Fouad stressed Thursday that climate adaptation urgently needs more technical and financial resources and impactful coordination among stakeholders, according to a statement released by the Ministry of Environment.

Egyptian Competition Authority approves Emirates ADQ acquisition of stakes in 3 oil companies

The Egyptian Competition Authority (ECA) announced on Sunday the approval of Emirates ADQ, an Abu Dhabi-based investment holding company, acquiring stakes in three Egyptian oil companies.

QatarEnergy to acquire 23% working interest in key Egyptian offshore block in Dabaa

QatarEnergy has announced the acquisition of a 23 percent working interest in the North El-Dabaa (H4) block, located offshore Egypt’s Mediterranean Sea, under a newly signed agreement with Chevron, the state-owned Qatari company said in a statement on Monday.

Italian Eni to drill two new gas wells in Zohr field

Italian Eni company will drill two new gas wells in the Zohr field, according to CEO Claudio Descalzi, as reported by Al Arabiya.

Reactor core catcher for Dabaa’s 4th nuclear unit arrives in Egypt

The reactor core catcher for the fourth nuclear unit arrived Monday at the Dabaa Nuclear Power Plant specialized port, marking a significant milestone in Egypt's nuclear energy project, according to a statement by Egypt's Nuclear Power Plants Authority (NPPA) on Monday evening.

CEDARE, Friedrich Ebert Foundation discuss strategies to accelerate Egypt's green hydrogen projects

The Centre for Environment and Development for the Arab Region and Europe (CEDARE) and Friedrich Ebert Foundation hosted a high-level policy dialogue on Wednesday, focusing on accelerating the deployment of green hydrogen projects in Egypt.

1 2 3 4 5