Britain’s BP will begin drilling its first exploration wells in the northeast of Ramadan in the Gulf …
Gulf of Suez
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SDX Energy announced a gas discovery in Egypt’s South Disouq, according to a press release issued on …
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Industry & Trade
Orascom Construction, Engie, Toyota Tsusho join forces for Egypt’s $400 mln wind farm
by Yomna Yasserby Yomna YasserEgypt’s Electricity Transmission Company (EETC) signed an agreement Tuesday with a consortium comprising Orascom Construction, Engie, and …
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Industry & Trade
Egypt steps up efforts to attract investments in Gulf of Suez
by Yomna Yasserby Yomna YasserEgyptian oil minister Tarek El Molla on Monday announced an agreement with an international company to conduct …
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Industry & Trade
Energy group DEA to inject $500 mln investments into Egypt’s oil fields in 3yrs
by Yomna Yasserby Yomna YasserEnergy group DEA plans to invest nearly $500 million in developing its oil fields in Egypt over …
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Financial Institutions
Japan plans more support for Egypt infrastructure projects
by Yomna Yasserby Yomna YasserJapan’s state-run export credit agency Nippon Export and Investment Insurance (NEXI) plans to boost support for infrastructure …
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Industry & Trade
African Lekela signs an agreement to build 250MW wind farm in Egypt
by Yomna Yasserby Yomna YasserLekela, a pan-African renewable energy generation platform, has signed a power purchase agreement (PPA) with the Egyptian …
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Industry & Trade
A French firm wins mandate to develop wind farm flagship in Egypt
by Yomna Yasserby Yomna YasserFrench energy company Engie said it won a contract from the Egyptian government to develop a 250 …
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Industry & Trade
El Sewedy Electric, NREA negotiate for Gulf of Suez electric generating plant
by Yomna Yasserby Yomna YasserEgyptian cable maker El Sewedy Electric revealed Tuesday that it is negotiating with New and Renewable Energy …
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Industry & Trade
Egypt signs $2.4 mln oil and gas deal with Trident Petroleum
by Yomna Yasserby Yomna YasserEgypt signed Saturday a new oil agreement with Trident Petroleum to explore oil and natural gas in …