Newsletter subscribe
Tag: Gulf of Suez
Petrofac

Petrofac to explore feasibility of green hydrogen to ammonia facility in Egypt

Posted: March 16, 2022 at 10:31 pm   /   Renewables

Petrofac, a leading international service provider to the energy industry, has won its first new energies project in Egypt with an in-country subsidiary of Egypt-focused Mediterranean Energy Partners (MEP). The project is an early-stage study assessing the feasibility of a new green hydrogen to ammonia facility that will target the production of 125,000 tonnes of […]

No Comments read more
windfarm

ACWA Power in advanced talks with SFE over 250MW wind farm in Gulf of Suez

Posted: February 23, 2022 at 8:44 pm   /   Renewables

ACWA Power and the sovereign wealth fund eye a new Suez wind farm: Saudi renewables company ACWA Power is in advanced talks with the Sovereign Fund of Egypt (SFE) to build a c. 250 MW wind farm in the Gulf of Suez, Al Borsa reports, citing unnamed sources who claimed a contract could be signed within weeks. […]

No Comments read more
Dragon Oil

UAE’s Dragon makes huge 100 mn oil barrel discovery in Gulf of Suez

Posted: February 16, 2022 at 1:46 pm   /   Oil & Gas

Dragon Oil strikes for the first time — and strikes big — in Suez concessions: Emirates National Oil Company (ENOC) subsidiary Dragon Oil has discovered a 100-mn-barrel oil field in the Gulf of Suez concessions it acquired from BP in 2020, the company said during a sit-down with Oil Minister Tarek El Molla, according to a ministry statement. The […]

No Comments read more
Wintershall Dea

Wintershall Dea divests its interest in the Gulf of Suez concession

Posted: February 3, 2022 at 3:40 pm   /   Oil & Gas

Transfer of interest to the Egyptian General Petroleum Corporation after 38 years of efficient production. Proud history in Egypt will continue. Stronger focus on production of natural gas. As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long […]

No Comments read more
Suez Canal

Hitachi Energy to connect Gulf of Suez wind farm with Egypt’s national power grid

Posted: January 19, 2022 at 7:04 pm   /   Renewables

The solution will help the country meet its renewable energy targets advancing a sustainable energy future for all. Hitachi Energy is delivering to Vestas, the world’s leading supplier of wind turbines1 and engineering, procurement and construction (EPC) contractor a grid integration solution to connect the 250 megawatt Gulf of Suez 1 wind farm in Egypt, owned by the […]

No Comments read more
Eni

Eni awarded five Exploration Licenses in Egypt 2021 Bid Round

Posted: January 15, 2022 at 9:21 pm   /   Oil & Gas

The licenses are located in the Eastern Mediterranean Sea, Western Desert and Gulf of Suez Eni has been awarded five new exploration licenses by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the successful participation to the 2021 competitive “Egypt International Bid […]

No Comments read more
Bid Round Result

Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions

Posted: January 3, 2022 at 8:31 pm   /   Oil & Gas

Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]

No Comments read more
lekela

Lekela reaches Commercial Operation of 250MW West Bakr Wind Farm

Posted: November 29, 2021 at 11:00 am   /   Renewables

Lekela, the renewable power generation company that delivers utility-scale projects across Africa, today celebrates a landmark moment as it reaches commercial operation of its West Bakr Wind farm in Egypt. The project has taken less than two years to build since construction work started on site in February 2020. Comprising 96 turbines, installed by Siemens […]

No Comments read more
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 […]

No Comments read more
Hitachi ABB

Hitachi ABB Power Grids service solutions support Egypt’s largest wind power project

Posted: October 1, 2021 at 8:19 pm   /   Renewables

Protecting wind investments is as important as building them. Egypt has the benefit of abundant wind energy potential. One of the prime areas for turning steady wind into much-needed electricity is the region around Ras Ghareb, the country’s northernmost city on the African side of the Gulf of Suez. Taking advantage of strong, stable wind […]

No Comments read more