Latest in Energy Highlight
Latest in Energy
Remaining sums most likely to be paid on instalments, according to industry sources
90% increase in revenues by end of FY 2018/19
Average well production ranges from 75 to 100m feet, according to industry source
Initiative to fight high rates of youth unemployment in Egypt
We adopt advanced mechanisms face oil prices fluctuations, says Minister of Petroleum
The roundtable aims to discuss key themes regarding the private sector and the government’s vision to accelerate renewable energy growth and turn Egypt into a clean energy producer.
Mashaly added that the plant is to be built within 12 months from the contract date.
Quantities of gas in market more than required, says source
The Chinese proposals include innovative solutions in the fields of communications and information technology to build a strong, flexible, and safe electricity grid, Shaker said.
EgyptERA asked EBRD’s support to review controls of IPP system
Company hosted top-performing secondary school students to see production lines of electricity panels
Oil price fell below $60 a barrel, contrary to expectations, according to industry source
Moreover, he said that the average daily production of the company during the year reached 31,700 barrels of oil per day, while the company’s total investment amounted to about $182m.
Foreign companies pump 94.3% of investments, state-owned companies represent 5.7%
Programme involves redistributing workers to companies, increasing private sector participation
Company’s average production reached 162,000 barrels of oil per day, says Mowafi
Concession areas to be withdrawn from investors if they were not committed to exploration plan
Allocated financing to be used in solar heating and electric motors
Investment in Zohr accounted to $10.6bn so far, says Hassan
Dues on water companies reached EGP 9bn until 30 June, says Raslan
Field’s total production to reach about 500m scf/day by 2020
Estimated consumption is 3,500 kWh per month for single towers, 6,500 for shared towers
Authority to award project’s contract to winning company next month
Linking Katameya gas field to production in Q2 of 2020, says Abbady
The results of GUPCO operations showed that the average production from its fields in Ras Shuqair amounted to about 61,700 barrels of crude oil per day during FY 2018/19, and that there is a plan to increase production from Ras Shuqair fields during the current fiscal year to about 73,000 barrels per day.
Shaker to visit Jordan next month to discuss increasing power exchange capacity to 2,000MW
Company also competes for supplying 250k metres to other distribution companies
Domestic production increases by 7bn scf/day end-2019
Egypt, South Sudan own 90% of oil production in Nile Basin
The sources added that the Administrative Capital for Urban Development (ACUD) issued the tender’s prospectus on Sunday for $5,000.