Egypt

Egypt signs 3 oil & gas exploration agreements worth $320 mln

Egypt has signed three new agreements worth $319.5 million with the Egyptian Natural Gas Holding Company(EGAS), the Egyptian General Petroleum Corporation (EGPC), and a group of international companies to dig 13 wells.

Japan’s Torishima, Egypt’s ElSewedy Industrial Development sign $5mln deal to establish water pump maintenance centre in SCZONE

The centre, which will be located in the “Industria Sokhna” project, will span an area of 30,000 square metres

Reuters: Egypt denies giant Zohr gas field facing problems

Egypt denied reports its giant Zohr gas field was facing technical problems, in a statement on Monday, instead highlighting investments to boost its production.

Egypt: Centamin Reaches Agreement with the State on Tax Regime for Future Gold Discoveries

Egypt aims to increase the mining sector contribution to GDP from less than 1% in the last decade to 5% by 2030. To attract investors, the government introduced new regulations in 2020 and subsequently granted new exploration permits.

ACWA Power granted land for 10 GW wind project in Egypt

ACWA Power, a Saudi-listed company and the world largest private water desalination company, signed on Tuesday a memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to receive a plot of land for a 10 GW wind project in Egypt.

Egypt to introduce prepaid system to Cairo’s public buses

Minister of Local Development Hisham Amna, Minister of Military Production Mohamed Salah Eddin Mostafa, and Cairo Governor Khaled Abdel-Aal on Sunday witnessed the signing of a joint agreement to implement a prepaid system for tickets to ride buses of the Public Transport Authority in Cairo.

Egypt to announce bids for precious and basic metals Q3 - petroleum minister

Minister of Petroleum and Mineral Resources Tarek El-Molla has inaugurated the second edition of Egypt Mining Forum 2023, according to a statement on July 18th.

Petroleum minister witnesses handover of first Egypt-made oil rig in Ain Sokhna

Minister of Petroleum and Mineral Resources Tareq el Molla witnessed the handover of the first Egypt-made oil rig at the factory of the Egyptian Petroleum HH Rig Manufacturing Company in the Red Sea port of Ain Sokhna.