Egypt

Egyptian Center of Excellence for Energy Transition Signs MoU with Carbon Limits

The Center of Excellence for Energy Transition, affiliated with the oil and gas sector, has signed a memorandum of understanding (MoU) with the Norwegian company Carbon Limits, which specializes in measuring and reducing methane emissions from the petroleum industry.

Mohamed Abdel Aziz Appointed as GASREG Chairman

Prime Minister Mostafa Madbouly has issued a decree appointing Mohamed Abdel Aziz as Chairman of Egypt Gas Regulatory Authority (GASREG)

BP agrees to sell Egyptian oil assets to Dubai's Dragon Oil

BP said it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil for an undisclosed sum.

QatarEnergy acquires 40% stake of two blocks offshore Egypt

QatarEnergy said it had acquired two offshore gas exploration blocks from Egypt with a 40-percent participating interest, in a deal with US multinational firm ExxonMobil.

SDX Receives $3.5 Million in Sale Proceeds from Diverted Egyptian Asserts

The company announced in September 2023 plans to divest its Egyptian assets and channel the proceeds to bolster operations in Morocco.

Egypt to Produce 1.5 M Tons of Green Hydrogen Annually by 2030

Minister Hala Al-Saeed Emphasizes Integrated Sustainable Energy Strategy (ISES 2035) as Key to Egypt Energy Diversification

Abu Qir Fertilizers Approves Q1 2024 Financial Statements Amid Declining Sales Revenue

The Board of Directors of Abu Qir Fertilizers Company (AFC) has approved the financial statements for the period ending on March 31st, 2024.

Minister Tarek El Molla Mourns Passing of Former EGPC Chairman Abdel-Khaleq Ayad

Minister Tarek El Molla Mourns Passing of Abdel-Khaleq Ayad, Former EGPC Chairman