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March 1, 2019DMWA Resources withdraws bid for Lagia oil asset in Egypt
The firm looks at other marginal field opportunities.
February 12, 2019ExxonMobil enters Egypt’s upstream oil and gas sector
12 concessions were awarded to various oil and gas companies through Egypt’s international tender process.
January 16, 2019SDX Energy appraisal well encounters oil offshore Egypt
The company’s success continues to grow in north Africa.
January 15, 2019Israel to export gas to Egypt
The exports from Israel to Egypt are part of a $15 billion natural gas trade deal signed in 2018.
November 21, 2018TransGlobe provides Egypt drill result update
The company will begin preparing a development plan for the discovery.
November 13, 2018Egypt: Eni sells 20 percent stake in Nour North Sinai Offshore concession
The transaction strengthens ENI’s partnership with Mubadala Petroleum.
October 29, 2018Egypt to launch new model for petroleum agreements
Egypt working on new model to encourage international companies to explore for oil and gas in the country’s deep waters.
October 18, 2018Egypt to reduce fossil fuel dependence
The country is on the path to speeding up the procurement of renewable energy projects.
October 11, 2018Egypt’s first nuclear power plant gets 4 nuclear turbines from GE Power
The Arabelle steam turbines will deliver enough CO2 free electricity to power over 4 million homes.
October 10, 2018Egypt to generate up to 53 percent of its electricity with renewable energy
A new report by IRENA suggests Egypt could save up to $900 million annually on its electricity bill.