Petrofac, a renowned international service supplier to the energy industry, has secured its first renewable energy project in Egypt through a joint venture with Egypt-focused Mediterranean Energy Partners (MEP).
The project is a feasibility study for a new green hydrogen to ammonia plant that will produce 125,000 tonnes of green ammonia per year for export using a combination of solar and wind energy. Petrofac’s scope will be critical to the project’s success, since it will entail sizing the electrolysers and determining the viability of export facilities at the Gulf of Suez’s Ain Sokhna Port.
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.”
Taner Sensoy, CEO of Mediterranean Energy Partners, commented: “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.”
