MEES: Egypt bags all five Supermajors with key West Mediterranean awards
Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and BP joining Exxon in bagging key frontier West Mediterranean acreage. Cairo moved closer this week to officially announcing the award of at least six offshore blocks located […]
Pharos Energy announces trading and Egypt operations update
Pharos Energy plc, an independent oil and gas exploration and production company, issues the following Trading and Operations update in advance of the Company’s half-year results on 19 August 2020. The information contained herein has not been audited and may be subject to further review and amendment. Summary Rapid and responsible response to COVID -19 […]
Voltalia: Renewables could be the next big winner in Post-Covid Egypt
OPINION: In recent months there have been important developments that mark a sea-change in the potential for renewables in Egypt. If the Government can address the final remaining challenges, Egypt could be on the path to become a regional renewable leader by 2035. * by Karim El Azzawy, Country Manager, Voltalia Egypt and Craig Windram, […]
TechnipFMC signs major contract with ANOPC for new Hydrocracking Complex in Egypt
TechnipFMC Signs a Major Contract with Assiut National Oil Processing Company (ANOPC) for a New Hydrocracking Complex in Egypt. TechnipFMC has signed a major(1) Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt. This EPC contract covers […]
Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements
The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea, in the Western Desert and in the exclusive economic zone (EEZ) in the eastern and western Mediterranean with investments up to to a billion dollars and signing […]
Eni makes new gas discovery in Mediterranean Sea offshore Egypt
Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called “Great Nooros Area”. Eni (as […]
Energean plc announces revised terms of Edison E&P acquisition deal
Energean plc, the oil and gas producer focused on the Mediterranean, issues an update on its Edison E&P transaction and revised group guidance. Further to the announcement on 19 May 2020, Energean is pleased to announce that it has entered into further amended terms for its acquisition of Edison E&P following which, inter alia, the […]
Madkour Group and EETC sign contract to supply, install 220kV ground cables worth EGP 169m
Egyptian Electricity Transmission Company EETC signed with Madkour Group a contract to link East Cairo Station for the supply and installation of 220 kV ground cables, at a value of EGP 169 million The Egyptian Electricity Transmission Company EETC, represented by Eng. Sabah Mashaly, signed with Madkour Group, headed by Dr. Mostafa Amin, a contract […]
Bilfinger signs Engineering Master Service Agreement with Petrojet in Egypt
Bilfinger Tebodin Middle East in Egypt signs an Engineering Master Service Agreement with PETROJET. Bilfinger strengthening its portfolio in growth market Egypt Strategic engineering framework agreement with project volume worth one million USD Bilfinger Tebodin Middle East in Egypt has signed an Engineering Master Service Agreement with PETROJET, a leading state-owned Oil & Gas integrated […]
Without flexibility, Africa’s energy revolution will not take place: Op-Ed by Ville Rimali, Wärtsilä Energy Business
Without flexibility, the energy revolution in Africa will not take place: Op-Ed by Ville Rimali, Director, Growth & Development Africa & Europe, Wärtsilä Energy Business It is no longer disputable that the energy transition integrating renewable energies into the grid is a reality that is unfolding globally. This can be observed at different rates and […]
