There is talk that over the last months, Egyptian officials have held three meetings with executives from the French shipbuilder Naval Group to finalize the deal for the purchase of Scorpene 2000-class submarines.
Egypt is close to signing an additional submarine deal with France, Scorpion 2000, with local manufacturing, as Egypt is preparing a basin specializing in submarine manufacturing and maintenance, which will be completed on May 25.
Thus, The Egyptian arsenal will have manufacturing experience for all important Naval Categories ..
Corvettes - locally manufactured Gowind
Frigates - Meko to be manufactured locally
Submarines - Scorpene to be manufactured locally
OPVs - to be manufactured locally
Missile boats.. most likely to be manufactured locally
And still some Designs by Lurssen..
This would be quite something if it goes through. And I think a huge reason for so much spending and modernization of the Egyptian Navy is they discovered A LOT of gas. No where near the amount Qatar has I don't think that exists anywhere in the world, but because Sisi and the Egyptian authorities in cooperation's with the Italians have proven that there are The total gas in place in just the Zohr gas field in the Mediterranean in Egypt's EZZ has around 850 billion cubic meters (30 trillion cubic feet). If confirmed, Zohr will almost double Egypt's gas reserves. There are also quite a bit of recent oil discoveries in the western desert but since we and I think Israel was very shortly after us started immediately after exploration to retrieve and Egypt has the only 2 gas liquification conversion plants in the entire ME, we were able to get ahead of almost everyone in that aspect and what that did was buy us A LOT of collateral to build all the new cities in Egypt, the new capital of course and embark on a massive operations to eliminate all the slums and provide all Egyptians with much better living conditions and standards which will take a lot of time for sure.
In the meantime, Zohr and the other 6 fields (I believe) need TREMENDOUS defense protection and to me, this is the additional reason for the massive undertaking of the modernization and purchasing of naval assets and all the additional work that involves communications factors which is another area Russia has helped us immensely. Satellites launched and observation 24 hours a day with these naval ships and our new MiG-29M/35 taking turns patrolling and supervising any mischievous activities.
So if they can get the larger Italian patrol boats on top or the 20 OPV they already ordered, that should do the trick.