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Egypt Oil, Gas and Energy Update March 2015

Egypt announces discovery in Western Desert

5 April 2015 | By Wil Crisp
Recoverable hydrocarbons include both oil and gas Mixed-use development Egyptian developers sign agreement

2 April 2015 | By Hossam Abougabal
New mixed-use project announced near Cairo Road in Ethiopia Egyptian firms encouraged to enter Ethiopian market

2 April 2015 | By Hossam Abougabal
Egypt and Ethiopia meet on the sidelines of regional summit and agree to encourage better relations between the two countries Egypt oil
BG’s Egypt production drops by 44.6 per cent

2 April 2015 | By Wil Crisp
Company says future project investments in Egypt remain uncertain Egypt construction boom Hassan Allam predicts project boom in Egypt

1 April 2015 | By Wil Crisp
Egyptian contractor says it is well positioned to take advantage of growing project market Oil storage Mashreq tank terminal construction to start this year

31 March 2015 | By Wil Crisp
Partner sought to invest in the Egyptian hub project Cement Qalaa looks to invest in Egyptian cement

31 March 2015 | By Wil Crisp
Managing director says company is expecting increased demand Mall of the Emirates Majid al-Futtaim reaffirms expansion plans

29 March 2015 | By Hossam Abougabal
Local mall developer aims to double its business An armed man walks on the rubble of houses destroyed by an air strike near Sanaa airport on 26 March. Saudi Arabia and Gulf region allies have launched military operations including air strikes in Yemen Saudi allies deploy warplanes against Yemen’s Houthis

26 March 2015 | By Wil Crisp
UAE, Kuwait, Bahrain, Qatar and Jordan commit 76 fighter jets Mining Slow progress frustrates Egyptian miners

26 March 2015 | By Wil Crisp
Egyptian Mineral Resources Authority yet to make decision Nile river Egypt signs Nile dam deal with Ethiopia and Sudan

23 March 2015 | By Andrew Roscoe
The Great Ethiopian Renaissance Dam has soured relations between the states since construction work started in 2013 Egypt’s Qalaa Holdings on track to profitability Qalaa Holdings on track to profitability

23 March 2015 | By Rebecca Spong
Egyptian firm raising fresh liquidity to fund growth Egyptian Exchange Egyptian Exchange begins to attract state-owned firms

23 March 2015 | By Rebecca Spong
Misr Fertilisers applies to list on EGX Steel production Steel production up 7 per cent in February

23 March 2015 | By Mark Watts
Iran and Saudi Arabia’s steel output help boost Middle East steel sector Power generation mix 2022 Acwa Power submits only bid for Egypt IPP

22 March 2015 | By Andrew Roscoe
Dairout independent power project is first tendered IPP since late 1990s

Egypt Oil and Gas Market Update Jan 2015

Egypt to complete Gazprom deal in January
Oil minister says liquefied natural gas import agreement will be finalized by end of month

Egypt to complete Gazprom deal in January
Oil minister says liquefied natural gas import agreement will be finalised by end of month

Egypt announces six oil and gas deals
Exploration contracts worth millions of dollars signed

Ministry seeks investors for Egypt housing
Plans to develop a total of 30,000 middle-income housing units

ElSewedy to build two power plants
Emergency projects to address Egypt’s shortfall

Egypt prequalifies firms for renewables scheme
A total of 109 proposals have been prequalified for 4,300MW programme

Egypt pays Dana Gas $60m
Government reduces debt to foriegn oil companies