Orascom joins Scatec, Fertiglobe in Ain Sokhna Green Hydrogen Project
OC joins in on Egypt’s first-ever green hydrogen facility: Orascom Construction is joining a developer consortium of Norway’s Scatec, Nassif Sawiris-backed Fertiglobe, and the Sovereign Fund of Egypt to build the 100 MW green hydrogen plant in Ain Sokhna, the company said in a statement. The construction giant will be responsible for the local works on the facility, which […]
SFE, Scatec, Fertiglobe agree to build green hydrogen plant in Egypt
Norwegian solar company Scatec has entered an agreement with the Sovereign Fund of Egypt and Nassef Sawiris-backed Fertiglobe to develop a new 50-100 MW green hydrogen plant in Ain Sokhna. Solar company will majority own the facility which will have an offtake agreement with Fertiglobe. Scatec has entered into an agreement with ammonia producer Fertiglobe […]
Petroleum Ministry to establish a new $1.6 bn methanol plant in Ain Sokhna
The Oil Ministry has formed a new state-owned petrochemicals company that will join Methanex in producing methanol in Egypt. A shareholder agreement has been signed establishing Misr Methanol and Petrochemicals, which will manufacture methanol, ammonia, and other petrochemicals, the Oil Ministry announced in a statement. Around USD 1.6 bn will be invested in the first phase of Misr […]
Bechtel inks two agreements for Ain Sokhna’s $7.5 bn petchem complex
Bechtel to lead design + construction of Africa’s largest petrochemicals complex: US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National Refining and Petrochemicals Company in the Ain Sokhna industrial zone under two agreements signed with the Oil Ministry over the […]
Siemens Energy: Egypt’s First Graduates of Trainer Incubator Program (TIP) Ready to Enter Workforce
TIP graduates complete fully funded 9-month certification program. Graduates are now “Master Trainers” in vocational training. The Egyptian German Technical Academy (EGT Academy) graduated its first group of Certified Master Trainers from the Trainer Incubator Programme (TIP). This programme is part of the Strategic Alliance between Siemens Energy in Egypt and Deutsche Gesellschaft für Internationale […]
Egypt signs agreement for major petrochemical plant in Ain Sokhna
Egypt launches $7.5bn petrochemical plant in Ain Sokhna: Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion. Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion. Egyptian Prime Minister Mostafa Madbouly attended the signing ceremony […]
Siemens Energy contributes to Egypt’s energy sector with new service center, training academy
Siemens Energy today inaugurated a service center and a training academy in Egypt. The service center is the first of its kind in the region, combining a repair center, a tooling center and a spare-parts warehouse under one roof. The premises of the service center also encompasses the Egyptian German Technical Academy (EGT Academy) as […]
Revolta to set up Egypt’s first EV manufacturing, maintenance facility
Revolta ties up with Ukrainian firm Eco Factory for Egypt’s new green project. Revolta Egypt, a developer of electric vehicle (EV) charging stations and related projects, is planning to launch the first EV manufacturing factory and maintenance centre in the country. Revolta has tied up with Ukrainian firm Eco Factory to set up the factory […]
Agility to manage Logistics for Carbon Holdings
Work will support Middle East’s largest petrochemicals complex. Agility, a leading global logistics provider, has signed a memorandum of understanding to manage logistics at Carbon Holdings’ industrial facilities in Egypt, including construction of the new Tahrir Petrochemicals Complex (TPC). Agility will work with Carbon Holdings, a midstream and downstream petrochemical and process industrial plant company, […]
Egypt, Höegh LNG rework FSRU Gallant contract
Höegh, EGAS rework FSRU Höegh Gallant deal. Höegh LNG said it has decided to amend the Höegh Gallant FSRU time charter with Egypt Natural Gas Holdings Company (EGAS). Under the amended contract, the Höegh Gallant will be chartered as an LNG carrier to a third party, and EGAS will compensate for the rate difference between […]
