Petrofac Wins First New Energies Project in Egypt

Petrofac, an international service provider to the energy industry, has won its first new energies project in Egypt with an in-country subsidiary of Egypt-focused Mediterranean Energy Partners (MEP). Alex Haynes, Head of Business Development, New Energy Services, Petrofac said, “We’re delighted to be supporting Mediterranean Energy Partners with its strategic green energy project. This award builds on our growing track record in the new energy space and recent green hydrogen projects in Australia, the UK, and other global locations. Egypt is moving fast to develop its natural advantages for green energy with its abundant solar and wind resources, coupled with its strategic geographic location for exporting zero carbon products, and Petrofac is thrilled to be supporting this growth.”

The project is an early-stage study assessing the feasibility of a new green hydrogen to ammonia facility that will target the production of 125,000 tonnes of green ammonia a year for export, using a mix of solar and wind energy. Petrofac’s scope will be key to successfully delivering the project and includes sizing the electrolysers and the feasibility of export facilities at Ain Sokhna Port on the Gulf of Suez.

Taner Sensoy, CEO of Mediterranean Energy Partners said, “We are excited to work with Petrofac on the feasibility of our export focused green hydrogen/ammonia production facility. We believe that green hydrogen will play a critical role in the energy transition. Egypt is uniquely positioned to provide low-cost renewable energy, access to export markets, and track record of hosting large scale projects with available talent, services, and infrastructure. We are eager to be part of Egypt’s success story in the energy transition ecosystem.”  

This article was written by Pie Kamau and distributed by Africa Business Communities.  You can start earning money by becoming our Independent Reporter or Contributor. Contact us at IR@downtownafrica.com

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