Mazghouny & Co assists Scatec with the drafting and negotiation of an agreement with Echem and Mopco related to their joint green ammonia project

Scatec Echem Mopco SHA signing COP28 Dubai

Mazghouny & Co assisted Scatec with signing the agreement concluded with the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco). The signing took place on 02 December 2023, during COP28 in Dubai (UAE), and was witnessed by HE Eng Tarek El-Molla, the Egyptian Minister of Petroleum and Mineral Resources, and HE Dr Rania Al-Mashat, the Egyptian Minister […]

A new bill announced for green hydrogen projects’ incentives

Egypt green hydrogen and derivatives incentives

The Cabinet of Ministers has approved in its meeting on 17 May 2023, the long-awaited incentives’ package for green hydrogen and derivatives’ projects established in Egypt, which will shortly be passed into law. Scope. The law will apply to green hydrogen and derivatives’ projects implemented in Egypt, which will conclude project agreements within 5 years […]

Mazghouny & Co assists Scatec with signing a joint development agreement for cooperation with Echem and Mopco to produce green ammonia

Scatec Echem Mopco green ammonia JDA

Mazghouny & Co has assisted Scatec with signing the joint development agreement concluded with the Egyptian Petrochemicals Holding Company (Echem) and Misr Fertilizers Production Company (Mopco) for cooperation in the field of implementing green projects that include the production of green ammonia from green hydrogen. The agreement was signed on 23 February, by the chairmen […]

Should you seek a Golden License for your new green energy project in Egypt?

Egypt has recently announced a legal framework to facilitate the licensing process for strategic and national projects, as well as public-private partnerships in the utilities sector. The criteria for qualification are specific and the nature of the projects is closely examined by the “Golden Licenses Unit” created within the General Authority for Investment and Free […]

Mazghouny & Co advises Scatec on its partnership with SCZONE, The Sovereign Fund of Egypt, and the Ministry of Electricity and Renewable Energy to develop a large-scale green ammonia facility in Egypt

Scatec signs a large scale green ammonia MOU in Egypt

Mazghouny & Co is very pleased to have advised Scatec ASA on the drafting and negotiation of its memorandum of understanding (MOU) signed today with the General Authority for Suez Canal Economic Zone (SCZONE), The Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC), and the New and Renewable Energy Authority (NREA), to […]

Mazghouny & Co advises Scatec on its partnership with Fertiglobe and The Sovereign Fund of Egypt to develop green hydrogen as feedstock for ammonia production in Egypt

Scatec green hydrogen

Mazghouny & Co is pleased to have advised Scatec ASA on its agreement with Fertiglobe plc, a leading ammonia producer owned by OCI N.V. and Abu Dhabi National Oil Company (ADNOC), and The Sovereign Fund of Egypt for Investment and Development (TSFE), for the joint development of a 50-100MW green hydrogen facility in Egypt, which […]