Egypt

EBRD to provide Egypt with €165 loan to develop electricity grid

The European Bank for Reconstruction and Development (EBRD) is to grant a €165 million loan to Egypt to finance the upgrade of the electricity transmission grid, a venture that is also aimed at reducing pollutant emissions.

Shell, NPIC join race for military-owned Wataniya Petroleum

Shell, the global oil giant, has formed an alliance with Saudi Aramco to bid for Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), which is owned by the Egyptian military.

Giza Systems Successfully Revamps Rawd El Farag Water Plant SCADA System and Control Center, Advancing Egypt’s Vision 2030

Contributing towards the realization of Egypt Vision 2030, Giza Systems proudly announces the successful completion of the Rawd El Farag water plant SCADA system and control center revamp project for the Greater Cairo Water Company (GCWC).

Egypt’s petroleum sector aims to drill 110 exploratory gas wells until 2030

The petroleum sector is intensifying research and exploration activities for oil and gas, and developing them with the aim of maintaining and increasing production rates.

UGDC, TCI Sanmar Sign Cooperation MoU

Minister of Petroleum and Mineral Resources Tarek El Molla witnessed the signing of a memorandum of understanding (MoU) between the United Gas Derivatives Company (UGDC) and the Indian chemical company TCI Sanmar.

Egypt Targets $9 Billion in Oil, Gas Investments within Year

The Egyptian Ministry of Petroleum raised its expectations for investments in the oil and gas sector from $8 billion to $9 billion until the end of the current fiscal year, an increase of $1 billion from previous expectations last July, according to Egyptian Minister of Petroleum Tarek El-Molla.

El Molla Holds High-Level Talks with ExxonMobil Over Latest Investments

At ADIPEC 2023, Minister of Petroleum and Mineral Resources Tarek El Molla held talks with Vice President-Head of Global Exploration at ExxonMobil John Ardill to discuss the company’s latest investments in its Mediterranean fields at offshore North Maraqia in addition to the Cairo and Masry regions assigned to the company recently.

Egypt-Shell Talks at ADIPEC 2023 Indicate Stronger Future Energy Cooperation

Within the framework of his participation in ADIPEC 2023, Minister of Petroleum and Mineral Resources Tarek El Molla has met with Cedric Cremers, Executive Vice President LNG at Shell