Energy News
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Egypt signs land access agreement for world’s largest wind farm project
Egypt signed on Wednesday a land access agreement with an Egyptian-Emirati consortium to build a 10GW capacity onshore wind farm in Upper Egypt.
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Egypt designates land to build 10 GW wind energy project with $10B investments
The Minister of Electricity and Renewable Energy, Mohamed Shaker, stated that this 10 GW wind energy project is the largest of its kind in the ME.
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Shalateen Mineral Resources to launch international gold prospecting tender in Q4
Wadi Allaqi area will be divided into five gold prospecting sites, to be offered to local and international companies, the official pointed out.
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Egypt-Built Julius Nyerere Hydropower Dam in Tanzania Now 97% Complete
The USD 2.9 billion project, built and run by Egyptian companies, would double Tanzania’s energy input and enhance agriculture.
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Egypt’s water needs estimated at 114 billion cubic meters annually
According to the minister, all of Egypt’s necessary needs per capita during the sixties were estimated at about 2,000 cubic meters per year.
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World's largest water desalination, drainage station completed in Egypt
The Delta Station project is monumental endeavor in the agricultural sector, focusing on waterways and sewage in the Hamam area on the northern coast.
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Egypt to establish sanitary landfill for solid waste in Sohag at a cost of LE 62 million
The governor said that the sanitary landfill is being constructed on an area of 20 acres in the village of “al-Ghuraizat”.
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QatarEnergy to acquire two new exploration blocks offshore Egypt
QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.
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Egypt aims for top spot as green hydrogen producer
The North African country has ample solar and wind energy resources.
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Egypt’s daily natural gas consumption hits 6.1B cubic feet in May
Egypt reportedly suspended exports of LNG as of May, in order to meet the demands of power plants.
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5 Key facts about ADES Holding's $43 million drilling contract in Egypt
This contract not only enhances ADES Holding’s operational footprint but also significantly contributes to Egypt's energy sector.
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1st phase of Egypt's first safe closure for waste dump completed
The plan is to get rid of the negative effects of random dumps, while rehabilitating the site, and implementing the infrastructure for parks.
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Egypt to achieve daily production of 5.7B cubic feet in FY2024/2025
To realize this growth, the commencement of operations at recently discovered deep-water fields in the western Delta will play a significant role.
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EGAS partners with Höegh LNG to deploy FSRU for enhanced energy security
An unnamed official disclosed that the Egyptian government is expected to pay an annual fee of $90 million to utilize the FSRU unit.
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Egyptian oil & gas firm books jack-up rig on 21-month drilling gig in Gulf of Suez
ADES has secured a new drilling assignment for one of its rigs off the coast of Egypt with Suez Oil Company (SUCO).
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Egypt's oil exports increased by 26 percent in February
The overall value of Egyptian exports in February amounted to approximately $3,36 billion, down slightly compared to $3,52 billion in 2023.
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Saudi-listed ADES wins jackup drilling contract in Egypt
The new award follows the group’s recent contracts in Qatar and Thailand, slated to commence operations in the second half of 2024.
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Egypt braces for second summer of power cuts as gas supplies dwindle
The cuts started as Egypt allocated more of its gas production for export to raise scarce dollars, importing polluting fuel oil to keep some power.
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Egypt sets sail for renewable future with $9 billion FDI for 8 GW wind projects
Egypt has entered into agreements for two wind energy projects west of Sohag, involving foreign direct investments (FDI) totaling an estimated $9 bln.
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Egypt PM witnesses inking of land deals to implement two wind electricity projects in Sohag
The ceremony was held in the presence of Electricity Minister Mohamed Shaker and Norwegian Ambassador to Egypt Hilde Klemetsdal.