Egypt

Wintershall Dea and EGAS sign MoU for carbon management and hydrogen solution

Wintershall Dea reinforces its ambition to grow globally in low-carbon energy solutions. In light of this, the company has signed a Memorandum of Understanding (MoU) with its Egyptian partner, the Egyptian Natural Gas Holding Company (EGAS), to explore opportunities in the areas of carbon capture and storage (CCS) and hydrogen.

Natural Gas And Hydrogen Highlight The Revamped German - Egyptian Relationship

On the occasion of the Petersberg Climate Dialogue, launched in 2010, after the Copenhagen Climate Change Conference and held annually ever since, President el - Sisi of Egypt met with Chancellor Olaf Scholz of Germany over the weekend to discuss ways of strengthening energy cooperation between the two countries.

SDX Energy’s MA-1X Well Shows Good Flow Rates of Gas During Testing

SDX Energy Plc announced that the MA-1X well has shown good flow rates of c. 8.0 million standard cubic feet of natural gas per day (mmscf/d) during the testing process for the well which targeted the Mohsen prospect, within the Exploration Extension Area of South Disouq.

Egyptian Companies Invest $8.1 mln in Gold Exploration

Akh Gold, a subsidiary of Altus Strategies, signed a $4.1m agreement with the Egyptian government to search for gold in nine areas in the Eastern Desert.

Egypt to Promote Electric Vehicle Deployment

In a step intended to reduce its reliance on fossil fuels, Egypt has decided to promote electric vehicle deployment.

BP Awards 3D Seismic Imaging Project Offshore Egypt to CGG

French seismic data processing company CGG said Tuesday it had won a contract with BP and its JV Partner Pharaonic Petroleum Co for the 3D seismic imaging of the first OBN survey ever conducted in the Nile delta covering the Atoll and Atoll North fields, offshore Egypt.

Suez Canal records highest ever annual revenue of $7 bn

Suez Canal Authority announced Monday an all-time revenue record, earning $7 billion during the last fiscal year following a series of toll hikes for vessels transiting the vital waterway.