4/29/2026 10:00:23 AM (Volume: 43 / Issue: 5)
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Tag: Egypt

Energy, Oil & Gas

Green Sky Capital signs financing deal for key SAF facility in Egypt

Qatar-based Green Sky Capital has signed the financing deal for a landmark sustainable aviation fuel production facility on a 100,000-sq-m site within the Suez Canal Economic Zone in Egypt. The engineering, procurement and construction contract for the project has been awarded to French group SeaOwl. ...

Energy, Oil & Gas

Dana Gas says all overdue receivables settled by Egypt

Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled....

Energy, Oil & Gas

GE Vernova receives order for upgrades at Egypt power plants

GE Vernova said it has received an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), for upgrades and services at MDEPC’s Bahna and Nubaria power plants in Egypt. ...

Energy, Oil & Gas

Arcius Energy invests $500m to develop Harmattan gas field

Arcius Energy, backed by BP and Adnoc’s XRG, approved a $500 million final investment decision to develop Egypt’s Harmattan gas field in the El Burg offshore concession, aiming to boost natural gas production for domestic demand. ...

Energy, Oil & Gas

Egypt says it will pay $1.3bn in arrears to oil companies by June

Egypt will repay $1.3 billion in arrears to international oil companies by June, accelerating its schedule. The country owed about $6.1 billion by mid-2024 due to foreign currency shortages affecting payments, investment, and gas production....

Energy, Oil & Gas

Oil production begins at Egypt’s Belayim Marine 133

Egypt’s Ministry of Petroleum announced the start of crude production from the Belayim Marine 133 well in the Gulf of Suez, initially producing about 1,500 barrels per day, marking the first result of Eni’s new investment programme. ...

Energy, Oil & Gas

Egypt announces new oil output from Gulf of Suez field

Egypt’s Petroleum Ministry announced production has begun at the Al-Wasl-4 development well in the North Safa field, Gulf of Suez, operated by GUPCO. The well produces about 2,250 barrels of oil and 1.3 million cubic feet of gas daily, lifting output to about 65,000 barrels....

Energy, Oil & Gas

Dana Gas reaches 70,000 boepd production milestone

Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced that its group production reached 70,000 barrels of oil equivalent per day (boepd) and has been sustained at that level throughout January. ...

Energy, Oil & Gas

Egypt announces new O&G discoveries

Egypt’s Ministry of Petroleum said oil and gas companies drilled multiple wells across the Western and Eastern Deserts and the Nile Delta, including five exploratory wells, expected to add about 47 million cubic feet of gas and 4,300 barrels per day to daily output....

Energy, Oil & Gas

Egypt signs renewable energy deals worth $1.8bn

Egypt has signed renewable energy deals worth a combined $1.8 billion. Egypt hopes to have renewable energy reach 42 per cent of its electricity generation mix by 2030, but officials say the goal will be at risk without more international support....

Energy, Oil & Gas

Egypt to export gas, petroleum products to Syria

Egypt will export natural gas and petroleum products to Syria under two memoranda of understanding (MoU) signed by the countries’ petroleum ministries, the Ministry of Petroleum and Mineral Resources said....

Energy, Oil & Gas

Egypt's two new oil wells show promising production results

Egypt’s Ministry of Petroleum and Mineral Resources announced promising production results following the completion of drilling two new wells in the Western Desert, with initial tests showing a combined natural flow of about 1,650 barrels of crude oil and 19 million cubic feet of gas per day....

Energy, Oil & Gas

Petrojet snaps up $273m EPC contract for Oman gas pipeline

Petrojet, a key Egyptian oil and gas EPC (engineering, procurement, construction) contractor with a significant presence in Abu Dhabi, has announced that it has won a EPC contract worth $273 million to build a 193km natural gas pipeline in Oman. ...

Energy, Oil & Gas

Egypt, Qatar's Al Mana Holding ink $200m SAF deal

Egypt signed a contract with Qatar's Al Mana Holding for a first-phase investment of $200 million to produce sustainable aviation fuel from used cooking oil in the Suez Canal Economic Zone at Ain Sokhna. The first phase will have an estimated annual production capacity of 200,000 tonnes....

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