Egypt

Egypt Announces New International Bid Round for Oil and Gas Exploration

Minister of Petroleum and Mineral Resources Tarek El Molla announced the launch of a new international bid round to search for natural gas and crude oil in 12 regions in the Mediterranean and Nile Delta, including six offshore and six onshore regions, through the Egyptian Upstream Gateway (https://eug.petroleum.gov.eg).

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Egypt implements $2.1bln oil and natural gas explorations in Mediterranean until 2025

The plans take place at the Mediterranean Sea in partnership with major international companies

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Egypt’s renewable energy production put at 10.08 GW

renewable energy production peaked at nearly 10.08 gigawatts (GW) in 2022, accounting for around 29.6 percent of the total energy mix, according to official data.

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Wintershall Dea’s Chief Technology Officer Hugo Dijkgraaf visited Egypt in December

Hugo Dijkgraaf visited Egypt in December. He met with the teams delivering much-needed gas volumes at our Disouq and West Nile Delta projects, saw first-hand how we are using technology to drive performance, and discussed future opportunities in CCS and hydrogen in the country.

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Egypt’s Suez Canal Generates Record $7.9 Bn Revenue In 2022

According to officials, more than 23,000 ships carrying 1.4 billion tonnes of cargo passed through the navigation course in 2022, up from 21,700 ships the previous year

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Saipem secures offshore contracts worth $1.2bn in Guyana and Egypt

Saipem has received new offshore contracts worth approximately $1.2bn in total from ExxonMobil Guyana, and Belayim Petroleum Company (Petrobel) in Guyana and Egypt.

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TAG oil begins Badr Phase 1 unconventional development

TAG Oil Ltd. provided an operations update as the Company initiates Phase 1 of its strategic development program of the unconventional Abu Roash reservoir in the Badr Oil Field over the first half of 2023.

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1.3M ounces of gold Growth in Egypt’s Sukari mine reserves in 2022

Centamin has announced the second year of reserve growth at Sukari, driven by a 33% increase in underground reserves, the company said in a statement.

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