Latest in Energy Highlight
Latest in Energy

2,000 Egyptians trained to operate, maintain Dabaa nuclear plant
Rosatom’s contracting aim to transfer expertise, prepare working individuals to benefit their community

Eni begins drilling 10th well in Zohr area in January
Estimated cost of drilling operation will be $300m: source

Competing firms for Suez Gulf wind energy plant tender request bid submission deferral to January
KfW’s funding period of project ends in December: sources

Egypt, Saudi Arabia to finalise electricity interconnection project procedures in March
Cost up to $2.5bn after changing routes for Neom, Riyadh will bear the additional costs: source

Arrears owed to petroleum ministry to be paid within 5 years: electricity minister
Finance Ministry will not subsidise electricity prices after FY 2021/22, will financially support limited-income groups

Benban solar energy projects see light of day
Plants finally shine in Aswan following years of preparations

Solar energy projects in Benban save youth from unemployment, poverty
We need development, services; sewage is Benban’s biggest problem: residents

Siemens, Energy-iBB contenders to Egypt-Sudan electric interconnection
Performance, operating tests to start in January, launch current March 2019: sources

Egypt settles arbitration case worth $1.75bn with Israel
Agreement with Tel Aviv to schedule fine payments from operating revenues of gas line: source

Eni completes production tests for 9th Zohr field well
150m scfd initial production rates of well, according to sources

EGEMAC prepares to implement 3 transformer stations for EGP 1.6bn in Zagazig, 10th of Ramadan city
Several companies competing on many tenders to provide electricity lines, tasks for generation plants across country

International banks demand solar companies to follow security, safety standards to avoid funding suspension
Coming period will witness peak of presence of companies in project site, says El-Khayat

Wood Mackenzie completed mining sector development strategy: El-Molla
Egypt to host 15th Middle East Mining Conference next week

Eight Egyptian renewable energy firms to visit UK late November: EBCC
British companies aim to cooperate with Egyptian peers to offer renewable energy solutions, says Gray

Borolos, Rashid fields output up to 450m feet by end 2018/19
Shell’s delay in project development led to high rate of decline in productivity of wells: Source

Egypt sends its notes about electric connection studies with Cyprus to Euro Africa
Slowness of Indian L&T postpones completion of connection studies with Sudan for month

Dana Gas production in Egypt fell by 5,100 barrels of oil equivalent
First deep sea well to be drilled in sector 6 early next year

Ecomondo: European platform for green economy
EU provided funding for 38 projects, focuses on opportunities in MENA

$10bn investments in petroleum exploration, production in FY 2018/19: El-Molla
Turnout by major international companies in ministry’s oil and gas exploration bids represents clear message of confidence of foreign companies in Egypt’s investment climate

Egypt to increase natural gas exports to Jordan to 150m scfd by December
Egypt-Jordan gas pipeline has capacity of 1bn scfd

Electric transport, renewable energy in spotlight
Environmental experts confirm Egypt qualified as manufacturing centre for electric cars

NSA offers Benban investors implementation of double-way project for EGP 67m
Security, safety of workers, 2 most important requirements stipulated by international funding bodies, which carry out inspections to ensure safety measures

Jordanian Glory receives first 100% Egyptian LED lamps shipment
Negotiations to sell EPSCO products in Oman, Iraq, Syria: Al Qassab

Egypt can bring investments worth $6bn in renewable energy until 2022: Amen
Policy stability, ease of regulating legislations, highlight what investors need most

15% cut in oil, gas production costs in Egypt
Work programme developed with companies to increase reliance on domestic production: source

Electricity ministry resumes talks with China’s GCL to install solar panel integrated complex
Integrated industrial complex to produce solar panels with 5GW capacity

Egypt’s crude oil reserves down 25% since 2015
1bn barrels of oil consumed domestically during last three years: source

Egypt aims to produce 5,651 MW of renewable energy by 2022
Arab, international companies’ contributions to Egypt’s solar, wind power stations reached 93.9%

Eni allocates $5bn investment to implement Zohr gas processing plant
Capacity of processing units increased to 3.2bn cubic feet: source

Delay in honouring agreements, bureaucracy, threatens investments in renewable energy
Projects worth $15bn postponed for 5 years due to discussions, negotiations