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Tag: Egypt
Shell

Shell Egypt announces winning team in local version of “Imagine the Future” Global Competition

Posted: August 11, 2021 at 3:04 pm   /   Oil & Gas

With more than 800 students from 61 different teams throughout the competition. Shell Egypt announces the winning team in the local version of “Imagine the Future” Global competition. AUC-07 team claims the first position in the local finals and qualifies for the global competition. Shell Egypt celebrated the announcement of the winning team in the […]

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EM

Egypt and UAE to set up JV for manufacturing dual-fuel trucks

Posted: August 10, 2021 at 9:57 pm   /   Oil & Gas

Egypt, UAE to jointly assemble dual-fuel trucks: A joint venture between an Emirati industrial company and the Egyptian military will be set up to locally assemble pickup trucks equipped with dual-fuel engines capable of running on natural gas, the cabinet said in a statement on Monday. The Military Production Ministry will produce the vehicles with M Glory […]

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Mercedes

Mercedes Benz local partner NATCO plans EGP 1 bn bond sale to enter EV market

Posted: August 4, 2021 at 8:27 pm   /   Electricity & Power

A EGP 1 bn bond issuance could help Mercedes’ local partner enter the EV market: The National Automotive Company (NATCO) plans to offer bonds worth EGP 1 bn to expand its distribution network and enter the electric-vehicle (EV) sector, the company said in an emailed statement. The production and distribution partner of Mercedes-Benz passenger cars in Egypt […]

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lekela

Lekela: First Twenty Turbines Connected to Grid at West Bakr Wind Farm

Posted: August 3, 2021 at 11:17 am   /   Renewables

Lekela, the renewable power generation company that delivers utility-scale projects across Africa, today celebrates a landmark moment as the first 20 turbines at West Bakr Wind farm have now been successfully synchronized, with the wind farm now providing power to the grid. Synchronization is an important step to completion of the project. Now that this […]

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Exxonmobil-Trella

ExxonMobil, Trella bringing digital innovation to trucking industry in Egypt

Posted: July 28, 2021 at 12:32 pm   /   Oil & Gas

ExxonMobil Egypt collaborates in flagship Cairo-based digital freight marketplace, “Trella”. Following the 2019 announcement of ExxonMobil investment in Trella, ExxonMobil Egypt S.A.E. announces the signature of the Collaboration and Framework Agreement with Trella, a technology platform that connects shippers to carriers, aiming to disrupt the freight industry in Egypt with innovative solutions and tech-fueled growth. […]

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210726_IR_Q2_Hero

Wintershall Dea sees output rise from new production coming online in Egypt, Russia

Posted: July 27, 2021 at 8:55 pm   /   Oil & Gas

Q2 2021 Results: Strong financial performance and continued progress on our strategic priorities. Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “Q2 proved to be an excellent quarter for Wintershall Dea. Our strong operational and financial performance allowed us to […]

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Aldrees Petroleum

Saudi service station provider Aldrees Petroleum plans Egypt expansion

Posted: July 27, 2021 at 8:38 pm   /   Oil & Gas

Saudi’s Aldrees Petroleum looks to grow in Egypt. Saudi Arabia’s Aldrees Petroleum and Transport Services is planning to expand into Egypt by opening 60 fuel stations in the country during 2H2021, according to Arab News. Aldrees has reportedly submitted a request to acquire existing service stations in Egypt, but is awaiting a response. The Saudi […]

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IEG_CEO_Corrado_Peraboni

IEG’s Ecomondo, Key Energy 2021 focus on green challenges of Africa, Europe

Posted: July 27, 2021 at 7:13 pm   /   Renewables

African embassies and companies, associations and buyers from Europe and Africa have confirmed their interest, an enrichment of know-how and tangible business opportunities. A driving force for environmental business and an ecological transition accelerator: four days of business and know-how exchange with top experts from the European Commission, innovators, international and national authorities, the world […]

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Apache

Apache CEO meets President Sisi to discuss Company’s Investments and Modernization Efforts in Egypt

Posted: July 15, 2021 at 12:07 pm   /   Oil & Gas

CEO of Apache Corporation, John J. Christmann, met with H.E. Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, on July 14th, 2021 to discuss business relations between Egypt and the United States of America and Apache’s work with the Ministry of Petroleum and Mineral Resources supporting the ongoing modernization of Egypt’s oil and […]

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Pharos Energy

Pharos Energy announces trading and operations update for July 2021

Posted: July 15, 2021 at 12:02 pm   /   Oil & Gas

Pharos Energy has issued a trading and operations update in advance of the Company’s half-year results on 15 September 2021. The information contained herein has not been audited and may be subject to further review and amendment. Ed Story, President and Chief Executive Officer, commented: ‘I am pleased to be able to report a period […]

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