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Tag: Egypt
El Molla Bloomberg

Egypt to Reach Self-Sufficiency in Refined Oil Products by 2023 – El Molla to Bloomberg

Posted: October 26, 2021 at 11:14 am   /   Oil & Gas

Egypt to Produce Enough Energy to Meet its Needs by 2023. “We’re doing great in refined products,” says energy minister. Country is seeking to sell more LNG via long-term contracts. Egypt said it’s on target to produce enough fuel to cover its own needs by 2023. The country will reach its goal thanks to upgrades […]

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Abu-Sennan-Concession

Kuwait Energy makes commercial discovery in Abu Sennan license

Posted: October 20, 2021 at 2:45 pm   /   Oil & Gas

Kuwait Energy Egypt submitted a notice of commercial discovery following production from the AR-C reservoir in the ASX-1X exploration well in the Abu Sennan license, 7 km north of the producing Al Jahraa field in Egypt’s Western Desert, partner United Oil & Gas PLC said in an Oct. 19 release. The well reached a total […]

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TAQA Arabia Dina Farms

TAQA Arabia inaugurates pioneering 6MW solar plant at Dina Farms

Posted: October 20, 2021 at 12:30 pm   /   Renewables

TAQA Arabia, Qalaa Holdings’ Energy Sector subsidiary, has announced in an event the commercial operation of its latest green private-to-private project in Egypt, a 6MWpv solar power plant for Dina Farms. The plant is funded by the European Bank for Reconstruction and Development (EBRD) as part of a financing package of up to US$ 10 […]

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SDX

SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt

Posted: October 18, 2021 at 11:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the spudding of the MSD-21 infill development well on the Meseda field. The well is the first, in a fully funded, 12 well development campaign on the Meseda and Rabul oil fields in the West Gharib concession, Egyptian Eastern Desert. The development drilling campaign is aimed at growing production […]

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EuroAfrica-Map

Egypt, Cyprus sign MoU to connect electricity grids via subsea cable

Posted: October 17, 2021 at 1:39 pm   /   Electricity & Power

Egypt and Cyprus signed yesterday an MoU that would see them connect their electricity grids, Reuters reports. “Fortifying our electricity grids and allowing the further integration of renewables in our respective energy mix, enhancing the security of our energy supply and enabling us to become exporters of energy, are but a few of the tangible benefits,” Cyprus […]

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Globeleq

Globeleq acquires ARC Renewable Energy’s 66 MW PV solar plant in Benban, Aswan

Posted: October 17, 2021 at 1:33 pm   /   Renewables

Independent power producer Globeleq has acquired ARC Renewable Energy’s 66 MW PV solar plant in Aswan’s Benban for an undisclosed sum, according to a statement. Globeleq, a subsidiary of the UK government’s development finance arm CDC Group, will provide ARC with asset management services and oversee the operation and maintenance contractor Gila Al Tawakol. The plant was […]

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Egypt-Greece Electricity MoU

Egypt, Greece sign deal for first subsea power link between Europe and Africa

Posted: October 15, 2021 at 2:16 pm   /   Electricity & Power

 Greece and Egypt on Thursday clinched an agreement that sets the stage for an undersea cable that will transmit power produced by renewables from North Africa to Europe, the first such infrastructure in the Mediterranean. Greek Energy Minister Kostas Skrekas and his Egyptian counterpart, Mohamed Shaker, signed a memorandum of understanding for the project at […]

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Orascom

Orascom Construction Consortium to Develop a 500 MW Build-Own-Operate Wind Farm in Egypt

Posted: October 14, 2021 at 6:42 pm   /   Renewables

Orascom Construction PLC announces that its consortium with Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (Japan) and ENGIE (France) has signed an agreement with the Egyptian Electricity Transmission Company (EETC) to develop, construct and operate a 500 MW wind farm in Ras Ghareb, Egypt for 20 years. Orascom Construction will have a 25% stake in the […]

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green hydrogen

SFE, Scatec, Fertiglobe agree to build green hydrogen plant in Egypt

Posted: October 14, 2021 at 6:35 pm   /   Renewables

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 […]

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United Oil & Gas

United Oil and Gas provides quarterly Egypt production update

Posted: October 11, 2021 at 11:20 am   /   Oil & Gas

United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced a quarterly production update for the third quarter (Q3) of 2021. Q3 2021 production averaged 2,022 boepd (1,616 bopd oil and 405 boepd gas) net to United. Production from 1 Jan – 30 Sept […]

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