Egypt

Eni Agrees to Merger of Meleiha and Meleiha Deep Concessions in Egypt

Published on : 2021-06-15

Eni SpA said Tuesday that it has signed an agreement with the Egyptian General Petroleum Corporation and Lukoil PJSC for the merger of two concessions in the country's western desert.

The Italian oil-and-gas major said the concessions of Meleiha and Meleiha Deep will be merged and extended to 2036, with the possibility of a further stretch to 2041.

The new concession, called Merged Meleiha, will be operated by Agiba--the joint venture between Eni's subsidiary IEOC Production BV and the Egyptian General Petroleum Corporation. IEOC holds a 76% interest in the concession, while Russia's Lukoil holds the remaining 24%.

Abu Qir Fertilizers Joins Egypt's Green Hydrogen Revolution: MoU with ABB International & MPS Infrastructure

Minister of Petroleum and Mineral Resources, Tarek El Molla, presided over a significant milestone in Egypt sustainable energy journey as he witnessed the signing of a Memorandum of Understanding (MoU) between Abu Qir Fertilizers Company, ABB International Group, MPS Infrastructure Company, and Petrojet.

British Steel Secures Significant Rail Supply Contract in Egypt

British Steel, a prominent UK company, has secured a lucrative multi-million-pound contract to supply rail infrastructure for a significant new route in Egypt.

Egypt Set to Launch Solar Power Station at ASORC

Enppi and Petrojet, leading entities in engineering, contracting, and construction within the petroleum sector, have been entrusted with executing a solar-powered electric generation station project, generating 10 megawatts, at the Assiut Oil Refining Company (ASORC)