United Oil and Gas commences drilling of ASH-4 well at Abu Sennan, Egypt
AIM-listed United Oil & Gas has announced the commencement of drilling at the ASH-4 development well location and an update on the Al Jahraa-14 (‘AJ-14’) development well in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. Summary The fourth well in the 2022 Abu Sennan programme, ASH-4, has […]
Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition
Decarbonizing Egypt’s facilities for a net-zero future Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean […]
COP27, Ecomondo Partner of the First Mediterranean Pavilion
Twenty-seventh Conference of Parties in Sharm el-Sheikh, Egypt from 6th to 18th November. Focus on good practices to tackle the climate crisis in the area. The Italian Exhibition Group event dedicated to the circular economy and environmental sustainability, in Rimini from 8th to 11th November, will promote networking and business opportunities. https://en.ecomondo.com Ecomondo, the international […]
Eni looks to establish 10 GW of solar & wind projects in Egypt, boost gas exports to Europe
Eni to go big on Egypt’s renewable energy sector? Eni could establish 10 GW of renewable energy projects in Egypt “in the forthcoming years,” the Italian energy giant said in a statement. The company’s CEO, Claudio Descalzi, “agreed on the opportunity to implement” the solar and wind projects during a meeting with President Abdel Fattah El Sisi […]
KarmSolar to sell a minority stake to investors via a capital increase
Solar energy company KarmSolar will sell a minority stake to investors via a capital increase as it looks to expand its presence in Egypt and across the region, it said in a statement. The company hopes to raise “a significant amount” in the investment round, KarmSolar CEO Ahmed Zahran told Enterprise, but stopped short of disclosing the target sum […]
Huawei showcases its latest energy solutions at “Solar Show MENA 2022”
Deng: Our leading energy solutions showcased during the expo are in support of the state’s strategy to digitally transform the energy sector Deng: Egypt is one of the most potential solar markets in the region with its unique energy hub proposition and location Huawei Technologies, a leading global provider of information and communications technology (ICT) […]
Lafarge Egypt works with Ostool to convert its fleet trucks to operate on natural gas
Lafarge Egypt, a member of Holcim Group works with its esteemed partner Ostool for Land Transportation, a subsidiary of Raya Holding for Financial Investments (RAYA) to convert all fleet trucks serving Lafarge to operate on natural gas, reducing carbon footprint and promoting sustainable development. Jimmy Khan, Chief Executive Officer, Lafarge Egypt, “We are part of […]
Petronas Exploring $3 Billion African Upstream Asset Sale
Petronas could sell its Egyptian upstream assets as it looks to offload part of its African portfolio: Malaysian oil firm Petroliam Nasional Berhad (Petronas) is inviting bids for its upstream assets in Africa — including its local concessions — in a transaction that could be worth up to USD 3 bn, Bloomberg reports, citing sources it says has knowledge of the […]
ABL Group signs MoU with Egyptian safety specialist Petrosafe
ABL Group has signed a memorandum of understanding (MoU) with Petroleum Safety & Environmental Services Co. (PetroSafe) to collaborate on safety and environmental services for Egypt’s oil and gas sector. Petrosafe is owned by Egyptian General Petroleum Corp. ABL, an engineering and marine consultancy based in Oslo, will support the company with marine engineering and […]
SCZone, Toyota Tsusho sign MoU on low-carbon energy projects
The Suez Canal Economic Zone (SCZone) and Japan’s Toyota Tsusho signed an agreement to conduct feasibility studies for joint projects in low-carbon infrastructure, renewable energy, water, green and blue hydrogen, and blue and green ammonia, the SCZone said Wednesday. Toyota last week presented to the Oil Ministry the results of an initial six-month study into producing blue ammonia in Egypt. (Source: […]
