Egypt and Scatec have signed a joint development agreement to establish the country’s first green methanol production project in Damietta Port.
ACWA Power has secured $123 million in loans from global financial institutions to fund the development of a 200 MW utility-scale solar PV project in Egypt.
Egypt has partnered with Chevron to reduce methane emissions from the country’s oil and gas industry.
The EBRD has launched the second phase of a project aimed at digitalizing operations at Egypt’s Suez Canal Economic Zone.
Egypt’s Ministry of Petroleum and Mineral Resources has announced its intention to open three international tenders for oil and gas exploration this year.
MA’ADEN is set to invest in the gold industry in Egypt as the company targets to expand its global footprint while securing critical minerals for the Kingdom.
Oil and gas supermajors, Eni and Chevron, have made a new gas discovery at the Nargis-1 exploration well, offshore Egypt.
The Egyptian government recently allocated nearly 60,000 hectares in the Matrouh Governorate for renewable energy, green hydrogen and green ammonia projects.
The IFC and its international lending partners recently announced $1.1 billion in financing to support the development of a solar PV plant and wind energy farm in Egypt.
bp has been awarded two new exploration contracts by the Egyptian Natural Gas Holding Company.