Latest news with #EGYPES)2025
Egypt Today
20-02-2025
- Business
- Egypt Today
Egypt Energy Show 2025 Unites Global Leaders to Drive A Secure And Sustainable Energy Future
The Egypt Energy Show (EGYPES) 2025, North Africa and the Mediterranean's leading energy platform, opened on the 17th of February with a landmark inauguration by HE President Abdel Fattah El Sisi of Egypt and HE President Nikos Christodoulides of the Republic of Cyprus. Their presence underscores the importance of collaboration, investment, and technological innovation in shaping a secure and sustainable energy future for the region. EGYPES Leadership Circle Roundtable: Shaping Egypt's Energy Future On EGYPES second day, Egypt's Prime Minister HE Mostafa Madbouly hosted the inaugural EGYPES Leadership Circle Roundtable, joined by HE Karim Badawi, Minister of Petroleum and Mineral Resources, HE Dr Mahmoud Esmat, Minister of Electricity and Renewable Energy, HE Dr Yasmine Fouad, Minister of Environment and HE Ahmed Kouchouk, Minister of Finance. This high-level dialogue provided opportunity for continued collaboration between government and industry partners, outlining the importance of developing Egypt's sustainable energy future, balancing the production and utilisation of low-carbon oil and gas alongside investment in renewables, hydrogen, power generation and energy efficiency to expedite an investor friendly low-carbon growth economy. The Strategic Conference: Pragmatic, secure and sustainable energy development The imperative for open dialogue on the energy trilemma remains critical despite advancements in renewable energy. Global supply chain constraints, geopolitical instability, and trade dynamics continue to challenge energy security, reinforcing the need for proactive, cross-sector collaboration and ambitious policy frameworks. At today's Strategic Conference, a high-level panel discussion on "Powering Electricity with Low-Carbon Fuels and Renewables" featured Karim Amin, Member of the Executive Board, Siemens Energy AG, who stated "We are required to deal with the energy trilemma: energy security, energy sustainability, and energy affordability." Terje Pilskog, CEO of Scatec, further highlighted the rapid advancements in solar technology, noting "The cost of solar panels has declined considerably over the last few years, as has the cost of battery storage, paving the way for greater renewable integration." In another pivotal discussion on "Vertical Energy Corridors and Trade Hubs," Maria Rita Galli, CEO of DESFA, reflected on EGYPES' evolution, "EGYPES has demonstrated consistent growth, fostering partnerships across the Mediterranean while collaborating with global institutions. Last year, we secured a strategic partnership with a Greek company, resulting in a long-term contract that ensures mutually beneficial cooperation with Egypt." Erik Nyheim, President & CEO of Höegh Evi, emphasised Egypt's role in the regional energy landscape, stating "Egypt holds a prominent position in the sector due to its strategic geographic location, abundant natural resources, and engagement in global markets. The nation benefits from a diverse energy portfolio offered at competitive prices." Sustainability in Energy Conference: Accelerating Decarbonisation The EGYPES 2025 Sustainability in Energy Conference convened leading climate and energy experts to explore strategies for accelerating decarbonisation and achieving key interim targets by 2030. During a keynote session, HE Dr. Yasmine Fouad, Minister of Environment addressed the industry's need to balance sustainability goals with energy production, distribution, and consumption. She noted that global commitments, including the Paris Climate Agreement, have driven decarbonization efforts, with Egypt making significant progress, 'At the end of last year, Egypt submitted its first transparency report to the Secretariat of the United Nations Framework Convention on Climate Change, and the report showed a 34% reduction in the annual renewable energy target, compared to our target of 42% by 2030.'' The African Dialogue: Bridging North and Sub-Saharan Energy Markets The EGYPES 2025 African Dialogue Conference facilitated collaboration among top government officials, policymakers, and industry leaders from North and Sub-Saharan Africa, addressing critical energy security challenges and the potential for enhanced regional cooperation. Opening the discussions, Dr Omar Farouk Ibrahim, Secretary-General of the African Petroleum Producers Organisation (APPO), delivered a keynote on 'Enabling Cross-Regional Collaborations Between North and Sub-Saharan Africa.' He underscored Africa's untapped potential in oil and gas infrastructure development and regulatory harmonisation as key enablers of economic growth. Anibor Kragha, Executive Secretary of the African Refiners & Distribution Association (ARDA), reinforced the importance of balancing affordability and security within Africa's energy landscape, highlighting "Ensuring secure and affordable energy remains Africa's top priority, but we must also leverage clean energy to drive industrialisation." A key panel discussion, "Harnessing Africa's Natural Gas for Energy Security and Export Markets," brought insights from: • Guido D'Aloisio, CCO, Saipem, who emphasised collective action "Governments and oil companies, both national and international, must collaborate to implement sustainable energy solutions at scale." • Gianluca Ciricugno, Enterprise Growth Market Director, Africa, Baker Hughes, who noted "LNG technology has been present in Africa for 30 years, and we are witnessing its adaptation to market demands and customer needs." • Suzanne Coogan, Vice President, Heartland Exploration & Namibia, Shell, who stressed "Energy security is fundamental to economic development. Reliable and affordable energy access is crucial for industrial growth, fostering innovation, and improving living standards." EGYPES Exhibition: A Hub of Innovation and Collaboration Featuring 500+ companies from 120 countries and 11 international country pavilions, the EGYPES 2025 Exhibition has once again proven to be a dynamic platform for exploring cutting-edge sustainable energy solutions. The show floor featured a dedicated Start-Up Zone, where emerging innovators presented groundbreaking solutions to industry-leading investors. Shell took centre stage with its NXplorers Challenge, demonstrating its commitment to fostering sustainable innovation and empowering young talent through forward-thinking initiatives. The EGYPES Young Professionals Programme continues to provide university students and early-career professionals with opportunities to engage with industry leaders, participate in hands-on projects, and develop skills for the evolving energy sector. Celebrating Excellence: EGYPES 2025 Gala Dinner & Energy Awards On the first day, the EGYPES 2025 Gala Dinner brought together key industry figures, government representatives, and senior executives for an exclusive evening of high-level networking and discussions on future collaborations and industry trends. This invitation-only gathering provided a platform for meaningful dialogue among the sector's most influential decision-makers. On the second day, the spotlight turned to the EGYPES Energy Awards, where the industry's trailblazers in innovation, operational excellence, and sustainability recognised across four prestigious categories: • Best Breakthrough Project of the Year - Finalists: PETROBEL, BAPETCO, and GECO • Best Health & Safety Project of the Year - Finalists: Amr Lifescience Egypt, Aggreko, and UGDC • Operational Excellence Project of the Year - Finalists: TotalEnergies, BP, and the Ministry of Petroleum • Young Energy Professional of the Year -Finalists: Ramy Fahmy, Norwahyu Jusoh, and Malak Manie Winners were announced during an exclusive awards ceremony, shining a spotlight on pioneering projects and visionary leaders shaping the future of energy. EGYPES 2025 reaffirms its position as the leading platform for advancing energy transformation, fostering collaboration, and driving investment in sustainable energy solutions. Through its conferences, exhibitions, and strategic dialogues, EGYPES continues to set new benchmarks for regional and international cooperation in the energy sector. Plan Your EGYPES 2025 Experience For media inquiries, contact marketing@
Egypt Independent
19-02-2025
- Business
- Egypt Independent
Egypt Energy Show 2025 unites global leaders to drive a secure and sustainable energy future
The Egypt Energy Show (EGYPES) 2025, North Africa and the Mediterranean's leading energy platform, opened on the 17th of February with a landmark inauguration by HE President Abdel Fattah El Sisi of Egypt and HE President Nikos Christodoulides of the Republic of Cyprus. Their presence underscores the importance of collaboration, investment, and technological innovation in shaping a secure and sustainable energy future for the region. EGYPES Leadership Circle Roundtable: Shaping Egypt's Energy Future On EGYPES second day, Egypt's Prime Minister HE Mostafa Madbouly hosted the inaugural EGYPES Leadership Circle Roundtable, joined by HE Karim Badawi, Minister of Petroleum and Mineral Resources, HE Dr Mahmoud Esmat, Minister of Electricity and Renewable Energy, HE Dr Yasmine Fouad, Minister of Environment and HE Ahmed Kouchouk, Minister of Finance. This high-level dialogue provided opportunity for continued collaboration between government and industry partners, outlining the importance of developing Egypt's sustainable energy future, balancing the production and utilisation of low-carbon oil and gas alongside investment in renewables, hydrogen, power generation and energy efficiency to expedite an investor friendly low-carbon growth economy. The Strategic Conference: Pragmatic, secure and sustainable energy development The imperative for open dialogue on the energy trilemma remains critical despite advancements in renewable energy. Global supply chain constraints, geopolitical instability, and trade dynamics continue to challenge energy security, reinforcing the need for proactive, cross-sector collaboration and ambitious policy frameworks. At today's Strategic Conference, a high-level panel discussion on 'Powering Electricity with Low-Carbon Fuels and Renewables' featured Karim Amin, Member of the Executive Board, Siemens Energy AG, who stated 'We are required to deal with the energy trilemma: energy security, energy sustainability, and energy affordability.' Terje Pilskog, CEO of Scatec, further highlighted the rapid advancements in solar technology, noting 'The cost of solar panels has declined considerably over the last few years, as has the cost of battery storage, paving the way for greater renewable integration.' In another pivotal discussion on 'Vertical Energy Corridors and Trade Hubs,' Maria Rita Galli, CEO of DESFA, reflected on EGYPES' evolution, 'EGYPES has demonstrated consistent growth, fostering partnerships across the Mediterranean while collaborating with global institutions. Last year, we secured a strategic partnership with a Greek company, resulting in a long-term contract that ensures mutually beneficial cooperation with Egypt.' Erik Nyheim, President & CEO of Höegh Evi, emphasised Egypt's role in the regional energy landscape, stating 'Egypt holds a prominent position in the sector due to its strategic geographic location, abundant natural resources, and engagement in global markets. The nation benefits from a diverse energy portfolio offered at competitive prices.' Sustainability in Energy Conference: Accelerating Decarbonisation The EGYPES 2025 Sustainability in Energy Conference convened leading climate and energy experts to explore strategies for accelerating decarbonisation and achieving key interim targets by 2030. During a keynote session, HE Dr. Yasmine Fouad, Minister of Environment addressed the industry's need to balance sustainability goals with energy production, distribution, and consumption. She noted that global commitments, including the Paris Climate Agreement, have driven decarbonization efforts, with Egypt making significant progress, 'At the end of last year, Egypt submitted its first transparency report to the Secretariat of the United Nations Framework Convention on Climate Change, and the report showed a 34% reduction in the annual renewable energy target, compared to our target of 42% by 2030.' The African Dialogue: Bridging North and Sub-Saharan Energy Markets The EGYPES 2025 African Dialogue Conference facilitated collaboration among top government officials, policymakers, and industry leaders from North and Sub-Saharan Africa, addressing critical energy security challenges and the potential for enhanced regional cooperation. Opening the discussions, Dr Omar Farouk Ibrahim, Secretary-General of the African Petroleum Producers Organisation (APPO), delivered a keynote on 'Enabling Cross-Regional Collaborations Between North and Sub-Saharan Africa.' He underscored Africa's untapped potential in oil and gas infrastructure development and regulatory harmonisation as key enablers of economic growth. Anibor Kragha, Executive Secretary of the African Refiners & Distribution Association (ARDA), reinforced the importance of balancing affordability and security within Africa's energy landscape, highlighting 'Ensuring secure and affordable energy remains Africa's top priority, but we must also leverage clean energy to drive industrialisation.' A key panel discussion, 'Harnessing Africa's Natural Gas for Energy Security and Export Markets,' brought insights from: Guido D'Aloisio, CCO, Saipem, who emphasised collective action 'Governments and oil companies, both national and international, must collaborate to implement sustainable energy solutions at scale.' Gianluca Ciricugno, Enterprise Growth Market Director, Africa, Baker Hughes, who noted 'LNG technology has been present in Africa for 30 years, and we are witnessing its adaptation to market demands and customer needs.' Suzanne Coogan, Vice President, Heartland Exploration & Namibia, Shell, who stressed 'Energy security is fundamental to economic development. Reliable and affordable energy access is crucial for industrial growth, fostering innovation, and improving living standards.' EGYPES Exhibition: A Hub of Innovation and Collaboration Featuring 500+ companies from 120 countries and 11 international country pavilions, the EGYPES 2025 Exhibition has once again proven to be a dynamic platform for exploring cutting-edge sustainable energy solutions. The show floor featured a dedicated Start-Up Zone, where emerging innovators presented groundbreaking solutions to industry-leading investors. Shell took centre stage with its NXplorers Challenge, demonstrating its commitment to fostering sustainable innovation and empowering young talent through forward-thinking initiatives. The EGYPES Young Professionals Programme continues to provide university students and early-career professionals with opportunities to engage with industry leaders, participate in hands-on projects, and develop skills for the evolving energy sector. Celebrating Excellence: EGYPES 2025 Gala Dinner & Energy Awards On the first day, the EGYPES 2025 Gala Dinner brought together key industry figures, government representatives, and senior executives for an exclusive evening of high-level networking and discussions on future collaborations and industry trends. This invitation-only gathering provided a platform for meaningful dialogue among the sector's most influential decision-makers. On the second day, the spotlight turned to the EGYPES Energy Awards, where the industry's trailblazers in innovation, operational excellence, and sustainability recognised across four prestigious categories: Best Breakthrough Project of the Year – Finalists: PETROBEL, BAPETCO, and GECO Best Health & Safety Project of the Year – Finalists: Amr Lifescience Egypt, Aggreko, and UGDC Operational Excellence Project of the Year – Finalists: TotalEnergies, BP, and the Ministry of Petroleum Young Energy Professional of the Year -Finalists: Ramy Fahmy, Norwahyu Jusoh, and Malak Manie Winners were announced during an exclusive awards ceremony, shining a spotlight on pioneering projects and visionary leaders shaping the future of energy. EGYPES 2025 reaffirms its position as the leading platform for advancing energy transformation, fostering collaboration, and driving investment in sustainable energy solutions. Through its conferences, exhibitions, and strategic dialogues, EGYPES continues to set new benchmarks for regional and international cooperation in the energy sector. Plan Your EGYPES 2025 Experience Visit: Delegate Registration: Exhibition Registration: For media inquiries, contact [email protected]
Daily News Egypt
17-02-2025
- Business
- Daily News Egypt
Al-Sisi, Christodoulides inaugurate Egypt Energy Show, witness signing of gas deals
Egyptian President Abdel Fattah Al-Sisi and Cypriot President Nikos Christodoulides inaugurated the eighth edition of the Egypt Energy Show (EGYPES) 2025, held in Cairo from 17-19 February. The event drew ministers, heads of global energy companies, secretaries of international and regional organizations, and members of the Egyptian government. On the sidelines of the event, Al-Sisi and Christodoulides witnessed the signing of two agreements between Egypt and Cyprus to develop recently discovered Cypriot natural gas reserves using Egyptian infrastructure. The agreements align with the Egyptian Ministry of Petroleum's strategy to establish Egypt as a regional hub for natural gas trade by receiving gas produced from Eastern Mediterranean discoveries, directing it to the domestic market, and re-exporting it to Europe. Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, Cypriot Minister of Energy, Commerce and Industry, George Papanastasiou, and Claudio Descalzi, CEO of Italian energy company Eni, signed the first agreement. Badawi, Papanastasiou, and Clay Neff, President of Chevron Middle East, Africa, South America Exploration and Production, signed the second agreement. The agreements are considered a step toward enhanced cooperation between Egypt and Cyprus in the energy sector. According to a statement, they represent the start of developing Cypriot gas discoveries utilizing Egyptian facilities, while negotiations continue to bring more Cypriot gas to Egypt. Earlier, Al-Sisi and Christodoulides held a bilateral meeting, followed by an expanded meeting including delegations from both countries, on the sidelines of EGYPES 2025. Discussions focused on supporting cooperation across various fields bilaterally and through the trilateral cooperation mechanism with Greece. Both sides acknowledged the momentum in their relations and affirmed their commitment to continued coordination. The discussions also addressed enhancing cooperation in the production, liquefaction, and transportation of natural gas to serve the interests of both countries and the wider European continent. According to Egyptian Presidency Spokesperson Mohamed El Shennawy, the two leaders also discussed developments in the occupied Palestinian territories. They reviewed Egyptian efforts to implement a ceasefire agreement in the Gaza Strip and Egypt's commitment to its three-phase implementation to support regional stability. They also addressed Egyptian efforts to resume and continue the exchange of hostages and detainees, as well as the delivery of humanitarian aid to the Gaza Strip. Christodoulides was briefed on Egypt's ongoing efforts to develop a comprehensive proposal for the reconstruction of Gaza without displacing Palestinians. Both presidents affirmed that establishing a Palestinian state on the 4 June 1967 borders, with East Jerusalem as its capital, represents the only guarantee for achieving lasting peace in the region. El Shennawy added that the discussions also touched on the situations in Syria, Lebanon, and Libya, emphasizing the importance of preserving the stability of these countries, protecting their unity and territorial integrity, and promoting regional and international peace and security. Al-Sisi and Christodoulides also witnessed the signing of an agreement between the Egyptian Ministries of Petroleum and Mineral Resources and Electricity and Renewable Energy, and the Saudi Ministry of Energy, to develop an executive plan for cooperation in energy efficiency between Egypt and Saudi Arabia. Badawi, Egyptian Minister of Electricity and Renewable Energy Mahmoud Essmat, and Saudi Minister of Energy Prince Abdulaziz bin Salman signed the agreement. The partnership between Egypt and Saudi Arabia aims to establish a national programme to improve energy efficiency in Egypt. The two sides will work together to prepare and implement the programme through the exchange of expertise and technical support from the Saudi side. It also includes cooperation in developing a methodology for identifying mechanisms and plans to achieve national energy efficiency goals in Egypt. On the sidelines of EGYPES 2025, Al-Sisi also received the President of Equatorial Guinea, Obiang Nguema. The Presidential Spokesperson stated that the two presidents stressed the importance of continuing to strengthen bilateral relations and explore broader avenues for cooperation across various fields. Al-Sisi affirmed Egypt's readiness to participate in development efforts in Equatorial Guinea, in line with Egypt's commitment to supporting African nations. El Shennawy added that the meeting addressed issues related to peace and security in Africa and ways to achieve stability. The presidents also reviewed ways to strengthen the African Union's mechanisms and activate its various programmes to support joint African action, affirming their commitment to working together to achieve the continent's interests in international forums. Al-Sisi also met with Claudio Descalzi, CEO of Eni. The CEO reviewed the company's activities in Egypt and its current and future plans for gas exploration and production. He emphasized the company's commitment to its strategic relationship with Egypt, given Egypt's role as a regional hub for energy production and trade. Al-Sisi also received John Christmann, CEO of Apache Corporation, an American company specialising in oil exploration, on the sidelines of EGYPES 2025.
