Tag Archives: Egypt

Egypt is joining the Middle East’s push to adopt electric cars, tasking a state-owned company to build affordable vehicles with a Chinese firm while taking advantage of its renewable energy boom to power them. Authorities are in contact with three potential companies as they seek a partner for El Nasr …

Greece and Egypt have signed a memorandum to expand cooperation in the LNG sector and consider building a gas pipeline between them, the Greek energy ministry reported on November 25. Egyptian gas production has soared in recent years on the back of the development of the Zohr field and other …

Egyptian Prime Minister Mostafa Madbouly said he wanted to work with the Greek government to export surplus natural gas to Europe. It is part of a wider push to boost cooperation across energy and electrical grid interconnection across the island of Crete, which lies midway between the North African country …

OPEC’s Fund for International Development is among a group of development banks providing $114 million of loans to build the largest privately owned solar plant in Egypt. ACWA Power’s 200-megawatt Kom Ombo site also received funding from the European Bank for Reconstruction and Development, the African Development Bank, the Green …

Italian oil major has Eni has announced a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, which is located 1.5 km south of the main Arcadia field already in production. The …

Liquefied natural gas (LNG) dispenses through pipes on-board the Gallina LNG tanker after docking at the National Grid Plc’s Grain LNG plant on the Isle of Grain in Rochester, U.K., on Saturday, March 4, 2017. The shipment to England on the Gallina was priced using the U.K.’s National Balancing Point, …

Rome-based Eni SpA and London-based BP PLC on Wednesday announced a new gas discovery in the Great Nooros area, located in the Abu Madi west development lease, offshore Egypt. Eni, through its subsidiary IEOC, holds a 75% stake in the license of Abu Madi, while BP holds the remaining 25% …

Egyptian and Cypriot officials have intensified discussions over preparations for a joint gas pipeline project aimed at transforming Egypt into a regional energy trade hub, a government source revealed on Monday. According to the official, the joint scheme would see natural gas from the offshore Aphrodite gas field in Cyprus …

Eni announced the successful drilling of the SWM-A-6X well, in the South West Meleiha development and exploration concession located in the Egyptian Western Desert, some 130 km North of the of Siwa Oasis. The new well has been drilled close to existing production facilities and is already connected to the …

The new gas discovery off Egypt’s Mediterranean coast could produce up to 32 million standard cubic feet per day, Petroleum Minister Tarek El-Molla said on Tuesday after tests were conducted. Earlier this month, Eni, along with contractors BP and Total, successfully drilled the first exploration well in the North El-Hammad …