The first project involves the construction of a 10-megawatt solar power generation station at the Assiut Oil Refining Company. Enppi and Petrojet, two subsidiaries of the petroleum sector specializing in engineering designs, general contracting, and construction, have been assigned to undertake this venture
Earlier in the beginning of 2023, Chevron announced its the exploration of the Nargis1 field in the eastern of Mediterranean Sea in Egypt.
The investment will be injected in Egypt during the next 3 to 4 years, a BP spokesperson told Bloomberg
Minister of Petroleum and Mineral Resources, Tarek El Molla disclosed during his participation at Shaping a Pragmatic and Realistic Energy Future session on the sidelines of the Egypt Energy Show (EGYPES) 2024
The CEO of BP emphasized the company's commitment to continuing its investments in gas and oil exploration in Egypt, giving it a high priority in this field
