Egypt

Al-Hamra Petroleum Port Wins Excellence Award for Best Specialized Port

Al-Hamra Petroleum Port in El Alamein, one of the most important ports in the petroleum sector, won the Excellence Award for the best specialized port in Egypt for the year 2022 for demonstrating excellence in the application of environmental requirements and standards and security and safety standards.

Egypt, Bulgaria to sign MoU for cooperation in energy

Egypt and Bulgaria agreed to sign a memorandum of understanding (MoU) for technical, scientific, technological, and trade cooperation in the field of oil and gas, according to an official statement on October 5th.

Egypt, Greece call gas deal between Libya and Turkey "illegal"

Egypt and Greece foreign ministers met Sunday in Cairo following controversial maritime and gas deals that their shared rival Turkey signed with a Libyan leader

Egypt to deliver 3,000 MW of electricity to Europe through an 853-mile-long undersea cable

An 853-mile-long (1,373 km) undersea electricity cable connecting Egypt with Europe has been touted to help Europe impending energy crisis amidst Russia war with Ukraine.

Saudi solutions by stc completes acquisition of Giza Systems with a value of 158 million dollars

Saudi Arabia-based solutions by stc, which is a leading enabler of digital transformation in the Kingdom, has completed the acquisition of 88.19% stakes of Giza Systems with an enterprise value worth 158 million dollars.

PM follows up efforts to secure local oil needs

Prime Minister Moustafa Madbouly said Monday that Egypt is following up developments of the current global crises with the aim to reduce their severe repercussions for the Egyptian economy.

Egypt considers benefiting from Tunisian experience in solar energy production: SEDA

This is an attempt to implement solar energy systems as a source of electricity to rely on clean energy to meet part of the country electricity needs

EGAS Average Natural Gas Production Reaches 6.7 bcf/d in FY 2021/22

The Executive Managing Director of Egyptian Natural Gas Holding Company (EGAS) Mady Galal stated that the average rate of natural gas production during fiscal year (FY) 2021/22 reached 6.7 billion cubic feet per day (bcf/d) and average natural gas consumption was 6.1 bcf/d.