Tag: Egypt

Energy, Oil & Gas

Egypt inks 55 deals in major push for its offshoring industry

The Egyptian Information Technology Industry Development Agency (ITIDA) has announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Accenture, Deloitte, RSA and Capgemini. ...

Energy, Oil & Gas

Egypt aims for 42pc clean energy share by 2030

Egypt aims for 42 per cent clean electricity by 2030, focusing on solar, wind, and green hydrogen projects, alongside energy efficiency and infrastructure upgrades. Minister Manal Awad discussed these initiatives at the COP30 Leaders’ Roundtable on Energy Transition in Brazil....

Energy, Oil & Gas

Egypt announces new gas discovery in Western Desert

The Egyptian Ministry of Petroleum announced a new natural gas discovery in the Badr-15 area, yielding 16 million cubic feet per day. This find is expected to add approximately 15 billion cubic feet to reserves from the Lower Bahariya reservoir. ...

Energy, Oil & Gas

Dana Gas reports $103m net profit in 9M 2025

Dana Gas, the Middle East’s largest regional private sector natural gas company, recorded a net profit of AED379 million ($103m) in 9M 2025, compared to AED410 million ($112m) in 9M 2024. ...

Energy, Oil & Gas

Zohr-9 gas well to add 70m cubic feet to Egypt daily output

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi announced the completion of drilling operations at the Zohr-9 well in the Zohr gas field in the Mediterranean Sea, revealing that the well is expected to produce up to 70 million cubic feet of natural gas per day....

Energy, Oil & Gas

Eni, Egypt's Bioenergy Association ink carbon offset deal

Eni and the Bioenergy Association for Sustainable Development, affiliated with the Ministry of Environment of Egypt, signed in Cairo a cooperation agreement to prepare a comprehensive feasibility study for establishing biogas production units based on the treatment of animal and agricultural waste. ...