EGAS

Shell, EGAS and Petronas award Idku Energy Hub project FEED to Bechtel-led coalition

Retrieved on: 
Thursday, September 8, 2022

CAIRO, Sept. 8, 2022 /PRNewswire/ -- Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean Sea off the coast of Egypt, and the Egyptian LNG export terminal (ELNG) in Idku, east of Alexandria.

Key Points: 
  • The FEED, for the Idku Energy Hub project, will explore the benefits of a One Power Hub concept, integrating the electrical power systems at the WDDM and ELNG, as opposed to having two separate systems.
  • "This project is a demonstration of our commitment to powering progress by providing more and cleaner energy," Eng.
  • "As partners in Egypt's journey to become a regional energy hub we are also mobilizing our efforts and expertise to support the country's energy efficiency ambitions.
  • "This project is an excellent example of private and public sector partnership to support Egypt's decarbonization strategy," Paul Marsden, President of Bechtel Energy said.

Egypt Upstream Oil and Gas Fiscal and Regulatory Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 12, 2021

The "Egypt Upstream (Oil and Gas) Fiscal and Regulatory Guide" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Upstream (Oil and Gas) Fiscal and Regulatory Guide" report has been added to ResearchAndMarkets.com's offering.
  • "Egypt Upstream (Oil and Gas) Fiscal and Regulatory Guide", presents the essential information relating to the terms which govern investment into Egypt's upstream oil and gas sector.
  • Considering political, economic and industry specific variables, the report also analyses future trends for Egypt's upstream oil and gas investment climate.
  • Egypt offers upstream acreage in the form of production sharing agreements (PSAs) and in some cases through service contracts.