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Tag: Energy
Egypt-USA

US support for Egypt’s position as East Med regional gas export hub

Posted: September 15, 2019 at 3:30 pm   /   Oil & Gas

US Deputy Energy Secretary Dan Brouillette was in town last Thursday to launch the US-Egypt Strategic Energy Dialogue with Oil Minister Tarek El Molla and the head of the Electricity Holding Company Gaber El Dessouky. Brouillette unveiled details of the initiative, and discussed regional energy issues and Egypt’s role in the East Mediterranean with a […]

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Egypt USA

Egypt and United States of America Launch Strategic Energy Dialogue

Posted: September 15, 2019 at 2:12 pm   /   Oil & Gas

Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker and U.S. Deputy Secretary of Energy Dan Brouillette launched the U.S.-Egypt Strategic Energy Dialogue, which will facilitate closer government and private sector cooperation on energy between the United States and Egypt. The Strategic Energy Dialogue between the […]

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Siemens

Siemens awarded series of five-year grid studies on energy transmission network

Posted: August 8, 2019 at 4:49 pm   /   Electricity & Power

Egypt signs contract with Siemens to develop national electricity grid Siemens AG will conduct a series of five-year studies on Egypt’s electricity distribution grid to “identify the feasibility of deploying different advanced energy technologies,” the company said in a press release. Under a contract with the Egyptian Electricity Holding Company (EEHC), Siemens will analyze and […]

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Egypt US

Egypt signs cooperation MoU with the US Department of Energy

Posted: July 28, 2019 at 2:03 pm   /   Oil & Gas

Egypt’s Ministry of Petroleum and Mineral Wealth and Ministry of Electricity and Renewable Energy signed on Thursday with the US Department of Energy a memorandum of understanding on cooperation in the field of energy. The MoU was signed by Minister of Oil Tarek El-Molla, as a representative of both the Egyptian ministries, along with US […]

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El Molla MED

El Molla at Rome MED 18: Italy is Europe’s energy gateway

Posted: November 25, 2018 at 7:15 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El Molla said on Friday at Med Dialogues in Rome that Italy is a country that Egypt wants to approach because it is “Europe’s energy gateway”. “At the start of this year we signed a memorandum of understanding on energy with the European Union that will make Egypt a considerable energy […]

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IMF

Petroleum Economist: IMF says Egypt needs more energy reforms

Posted: August 22, 2018 at 9:00 pm   /   Oil & Gas

The Egyptian economy continued to improve in 2018, according to the organisation, but further measures are needed. In 2016, the International Monetary Fund agreed to help Egypt’s economy recover from years of crisis by providing it with disbursements totaling $12bn. The deal was conditional on the government reducing subsidies on basic goods and services, including […]

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ADIPEC

Energy CEOs Embrace Digitalisation as New Technology Transforms Global Oil & Gas Industry

Posted: June 19, 2018 at 1:18 pm   /   Oil & Gas

Effects Expected to Unlock USD 1.6 Trillion in Industry Value to 2025; World’s Top Energy Event Shifting Gears to Encompass Evolved Programme Addressing Artificial Intelligence, Blockchain, Robotics, Sensor Technology, Machine Learning, Deep Learning, Edge Computing and More. Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent […]

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TAQA Arabia

Qalaa’s revenues up 22% y-o-y on back of strong growth from TAQA Arabia

Posted: May 16, 2018 at 4:22 pm   /   Oil & Gas

Qalaa Holdings, a leader in energy and infrastructure, released today its consolidated financial results for the year ending 31 December 2017, reporting revenues of EGP 9,282.3 million, up 22% y-o-y on the back of strong growth from its energy subsidiaries, TAQA Arabia and Tawazon, as well as ASCOM, its operational platform in the mining sector. […]

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ABB CEO meets President of Egypt

ABB committed to Egypt’s energy and industrial future

Posted: May 7, 2018 at 3:34 pm   /   Electricity & Power

ABB CEO Dr. Ulrich Spiesshofer, who was received in Cairo by H.E. Abdel Fattah al-Sisi, President of the Arab Republic of Egypt, expressed ABB’s support for the President’s vision of Egypt. Egyptian President H.E. Abdel Fattah al-Sisi today received ABB CEO Dr. Ulrich Spiesshofer in Cairo, and discussed his vision of Egypt as an energy […]

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eu-egypt-forum

Egypt possesses key to future of East Mediterranean energy – El Molla

Posted: April 26, 2018 at 4:38 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla said on Tuesday that Egypt and the European Union (EU) signed a memorandum of understanding on cooperation and strategic partnership in the domain of energy. In his speech at the inaugural ceremony of a renewable and sustainable energy forum between Egypt and the EU, he added that […]

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