Egypt starts gas production at West Burullus field in Mediterranean: Petroleum Minister
Minister of Petroleum and Mineral Resources Karim Badawi has announced the start of initial gas production from the West Burullus field in the Mediterranean Sea, following the successful connection of the field’s first well to the national gas grid. Early
Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives
Egyptian President Abdel Fattah Al-Sisi on Saturday directed his government to scale up oil, gas and mineral exploration and introduce additional incentives to attract investors, according to a statement from the presidency. The directives came during a meeting with Prime
Singapore’s Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually
Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with Vijay Sersi, CEO of Singapore-based Destiny Energy, to discuss the company’s plans to establish a green ammonia production facility in Egypt. Sersi stated that Destiny
Egypt’s SCZONE, China discuss boosting investment in auto, clean energy sectors
The head of Egypt’s Suez Canal Economic Zone (SCZONE) has met with a high-level Chinese economic delegation led by Deputy Minister of Commerce Ling Ji to discuss strengthening economic and investment cooperation. During the meeting at the authority’s headquarters in
EBRD invests $40m in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh
Foreign, petroleum ministers discuss boosting investment in Egypt’s energy sector
Foreign Minister Badr Abdelatty and Minister of Petroleum and Mineral Resources Karim Badawi held a high-level meeting to discuss enhanced cooperation between their ministries, aimed at attracting greater foreign investment into Egypt’s petroleum sector and opening new avenues for Egyptian
$44m allocated to upgrading Egypt Upstream Gateway under extended agreement with SLB
Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of a three-year extension to the Egypt Upstream Gateway (EUG) contract between Salah Abdelkerim, CEO of the Egyptian General Petroleum Corporation (EGPC), and Sherif Bayoumi, Country Manager of Schlumberger
Arcius to acquire Egypt’s Harmattan gas field, strengthening Eastern Mediterranean portfolio
Arcius has signed a binding agreement to acquire the Harmattan gas and condensate field in Egypt’s Eastern Mediterranean waters, pending final regulatory approvals. The offshore field lies approximately 2.5 kilometres north of Ras El-Barr in Damietta and will be developed
Egypt’s solar panel production to begin by early 2026 with up to 90% local component: GAFI
Egypt will begin solar panel production in early 2026 with a local component rate of up to 90%, according to Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI). Heiba said the move marks a significant
Ministers of electricity, water resources discuss maximising hydropower returns at High Dam
Minister of Electricity and Renewable Energy Mahmoud Esmat held a meeting with Minister of Water Resources and Irrigation Hani Sewilam at the ministry’s headquarters in the New Administrative Capital to review joint cooperation and strategies to enhance the performance of