SUBSCRIBE
PROFILE

Egypt

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.

The $400 Million Israel-Cyprus Gas Pipeline Awaits Government Approvals

A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.

Lukoil sells its African oil assets to Gunvor under pressure from US sanctions

Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
en_114021169540

Scatec cuts debt by 27% and reaches record 3,392 MW in projects

Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.

QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni

QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.

First El Dabaa nuclear reactor receives 330-tonne pressure vessel

The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.
en_1140261027540

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.

Jordan: exporting its electricity via Syria, operational levers and constraints

Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.

Egypt and UAE join forces to connect electricity to Europe

The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
en_1140201032540

BP launches five-well offshore gas drilling campaign in Egypt

BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.

Egypt to drill 480 new oil and gas wells by 2030

Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.

Empower New Energy signs major industrial solar deal in Tunisia

Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
en_1140141035540

QatarEnergy acquires 27% stake in Egypt’s offshore North Cleopatra block

QatarEnergy continues its international expansion by acquiring 27% of the offshore North Cleopatra block from Shell, amid Egypt’s strategic push to revive gas exploration in the Eastern Mediterranean.

Project InnerSpace unveils GeoMap in the Middle East with 14,000 GW geothermal potential

The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.

Egypt invests in domestic gas despite rising LNG imports

The Egyptian government is accelerating the deployment of its gas network and the conversion of vehicles to CNG, strengthening infrastructure despite a decline in domestic production.
en_1140250949540

EBRD coordinates $74.1mn financing for a 200 MW wind farm in Egypt

The European Bank for Reconstruction and Development leads an international financing structure to support the construction of a wind farm in Ras Ghareb, as part of Egypt’s national energy strategy.

EBRD grants $74.1mn for 200 MW wind farm in Ras Ghareb

Infinity Power will build a new onshore wind farm in Egypt with financing led by the EBRD and backed by several international partners.

Egypt signs new deals to revive domestic gas production

Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.
en_1140150924540

Iran and IAEA sign technical agreement to restart nuclear inspections

Iran has reached a new agreement with the International Atomic Energy Agency to formalise the resumption of inspections, following months of suspension linked to military tensions and criticism of its nuclear programme.

Voltalia unveils SPRING, a strategic plan to restore profitability by 2026

Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
  • Populaires sur energynews.pro
Nankai Electric Railway signs PPA for 2MW floating solar power plant
ACWA Power signs $10bn in energy and financing deals at FII9
ExxonMobil hit by falling prices despite record output in Guyana
Washington invests $100mn to modernise coal plants as exports drop 11%
Eos Energy secures 228 MWh strategic order from Frontier Power

Scatec and Fertiglobe sign 20-year hydrogen contract in Egypt

Scatec's Egyptian green hydrogen project, in partnership with Fertiglobe, reaches a key milestone with a 20-year sales contract for green ammonia, based on the H2Global program.
Hydrogène vert en Égypte

Phelan Green Energy invests USD 2.4 billion in green ammonia in Peru

Phelan Green Energy to invest USD 2.4 billion in Peru for a solar-powered green ammonia plant.
Phelan Green Energy investit 2,4 milliards USD dans l'ammoniac vert au Pérou.

Solar panel recycling market to reach $626 million by 2033

The global solar panel recycling market is expected to reach 626 million USD by 2033, with annual growth of 14.3%, driven by the increase in solar installations and regulations.
Croissance marché recyclage solaire

Voltalia and TAQA Arabia Sign Agreement for Hydrogen Cluster in Egypt

Voltalia and TAQA Arabia sign an agreement to develop an energy cluster integrating renewable production and hydrogen in Egypt, strengthening their strategic partnership.
Hydrogen cluster Egypt

EIB Global finances €271m for Egyptian companies

The European Investment Bank (EIB Global) has announced financial support of 271 million euros for Egyptian industrial companies. This funding is aimed at reducing pollution, improving energy efficiency and increasing the use of renewable energies, in line with international environmental standards.
L'EIB Global Finance 271 M€ pour les Entreprises Égyptiennes.

Strategic Agreement for Renewable Ammonia in Egypt

Scatec, ECHEM, and MOPCO sign a major agreement with Yara Clean Ammonia for the production of renewable ammonia in Egypt.
Production d'ammoniac renouvelable Égypte

BP joins forces with Masdar and Hassan Allam Utilities for green hydrogen in Egypt

BP, in partnership with Masdar of the United Arab Emirates, Hassan Allam Utilities of Egypt and Infinity Power, has signed a Joint Development Agreement (JDA) to explore the creation of a multi-phase green hydrogen project in Egypt.
Développement hydrogène vert Égypte

Egypt: Power cuts exasperate the population in the middle of a heatwave

Frequent and prolonged power cuts are making daily life worse for Egyptians in the sweltering heat. Infrastructure, electrical appliances and even people's health suffer.
Égypte coupures d'électricité canicule

Egyptian companies forced to switch to hydrogen

Faced with a shortage of natural gas causing power cuts, Egyptian fertilizer companies are turning to hydrogen to maintain production.
Hydrogène pour pénurie de gaz

Egypt: EGPC Awards Its First and Largest LNG Tender

The Egyptian General Petroleum Corporation (EGPC) has awarded its first LNG tender, covering 20 cargoes. The tender attracted competitive bids from 15 market players.
Sécurisation approvisionnement énergétique Égypte.

Leviathan field: Israel authorizes additional gas exports

Israel approves the export of an additional 118 billion cubic meters of natural gas, aimed at strengthening its diplomatic relations and energy security. The Leviathan field partners are planning a $500 million investment to increase production capacity.
Expansion gaz Leviathan Israël

Iran surpasses Iraq in gas flaring to become world number two

Iran has overtaken Iraq in 2023 to become the world's second largest gas flaring emitter after Russia, reveals a World Bank report.
Torchage gaz mondial Iran

China and India top the list of Russian oil importers in May

In May, China and India became the main buyers of Russian fuel oil and vacuum gas oil (VGO), representing a significant increase in Russia's seaborne exports. These exports, which totalled around 4 million tonnes, are the result of the end of seasonal maintenance work.
Exportations énergétiques russes Asie

TotalEnergies and Verbund launch green hydrogen project in Tunisia

TotalEnergies and Verbund announce a major joint project to produce and export green hydrogen from Tunisia to Europe.
Projet Hydrogène Vert Tunisie

Egypt approves major 10GW wind power project

Egypt signs a crucial agreement for access to land for a colossal 10 GW wind power project, promising a significant reduction in its carbon emissions.
Parc Éolien 10 GW Égypte

Stalemate on the Aphrodite gas project in Cyprus

The Aphrodite gas project in Cyprus faces a new impasse, with Chevron's plan rejected by the Ministry of Energy.
Développement Gaz Aphrodite Impasse Chypre

Egypt boosts wind power capacity with major investment

Egypt, in agreement with Scatec and Engie, is preparing to deploy 8 GW of wind power, marking a major step forward in its energy transition.
Égypte énergie éolienne investissement Scatec Engie

Liquefied natural gas shortage in Northwest Europe

Demand for liquefied natural gas (LNG) in North-Western Europe fell in April, putting the region under pressure in the shoulder season.
Baisse Importations GNL Europe

Côte d’Ivoire boosts its solar momentum with new PPP projects

Côte d'Ivoire qualifies ten multinationals to build two solar photovoltaic power plants to boost its energy mix.
La Côte d'Ivoire avance dans son engagement envers les énergies renouvelables, en qualifiant dix entreprises pour de nouveaux projets solaires

Halliburton beats forecasts despite lower earnings

U.S. oil and gas group Halliburton posted first-quarter net income of $609 million, down 7% but ahead of expectations, thanks to strong international business.
Résultats Halliburton T1 2024
Charger plus