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A green energy bonanza for Egypt: A number of Egypt’s state-owned energy firms signed several agreements on geothermal energy, hydrogen, and green fuel at The Egypt Energy Show (EGYPES), according to a statement.
First up, geothermal energy: The Egyptian South Valley Petroleum Holding Company (Ganope) signed an MoU with the US-based Schlumberger to explore the ideal locations and assess the feasibility of collaborating on building geothermal power plants in Egypt. This comes a week after the Energy and Environment Committee of the Egyptian Senate reviewed a study recommending that the government develop an atlas of geothermal energy potential and explore its applications for heat or energy generation.
Next, hydrogen and emissions:The Egyptian Natural Gas Company (Gasco) signed an MoU with Japan’s energy firm Chiyoda and France’s low-carbon energy company Axens to cooperate on financing and developing hydrogen and decarbonization projects, including training Gasco’s employees.
Egypt renewed green fuel permits: OCI HyFuels — a subsidiary of Netherlands-based chemicals producer OCI Global — was granted another six-month temporary permit to supply ships with green fuel at Egyptian ports.
REMEMBER- Egypt’s SCZone established a committee to work on creating a new system of bunkering and marine services in Egyptian ports last year, including setting requirements for granting permanent licenses to practice ship bunkering with green fuels. This came after OCI completed a six-hour operation refueling the world’s first green-methanol-powered container ship with 500 tons of the green fuel in Egypt’s East Port Said last August.
SIDPEC gets a new methane plant: The Sidi Kerir Petrochemicals Company (Sidpec) signed an agreement with Swiss-based WtE cleantech company Hitachi Zosen Inova to design and build a methane production plant for the former’s operations using CO2 and hydrogen.
And boosts energy efficiency efforts: Sidpec also signed an MoU with Egypt-based energy industry contractor Korra Energi to establish a joint stock company focused on energy efficiency and sustainability. Korra inaugurated the country’s first trigeneration waste-to-energy facility last year to repurpose waste generated by the company’s power plant and flare gas projects.
IN OTHER NEWS- Siemens + San Masr team up on energy savings: Germany’sSiemens inked an MoU with maintenance and modification service provider to oil, gas and petrochemical companies Egyptian Maintenance Co (San Masr) to provide energy conservation solutions in Egypt, according to a statement. The agreement comes as part of the Petroleum and Mineral Resources Ministry’s target to devise its environmental and digital transformation road map.
San Masr + Norway’s DNV work on methane: The Egyptian company inked another MoU with Norway-based environmental assessor DNV to issue methane performance certificate assessments, the statement notes. Both sides will partner on methane reporting and optimizing San Masr’s energy consumption.
