Enppi Wins Saudi Contract Worth $500MM
Enppi has won a major international bid for the implementation of a new petrochemical project in Saudi Arabia with more than $500 million.
Enppi has won a major international bid for the implementation of a new petrochemical project in Saudi Arabia with more than $500 million.
East Delta Electricity Production Company (EDEPCO) has allocated EGP 500 million for the maintenance work of 18 gas power stations during fiscal year (FY) 2019/2020.
The total investments of these projects will reach $15 billion by H2 of 2022.
The production of the Middle East Oil Refinery (MIDOR) plant will exceed 7 million tons annually by the end of the expansion works.
The Egypt Oil & Gas (EOG) Technical Committee held a meeting on June 19 at Apache Egypt premises to discuss Brownfield Convention's timeline, in addition to ways of enhancing brownfields in Egypt.
Investments in the new project are expected to reach around EGP 4 billion.
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
The workshop gathered about 30 participants from 21 countries to discuss renewable energy projects, small and micro electric power grids in Africa.
The Egyptian General Petroleum Corporation aims to increase its production of crude oil and condensates by 50,000 barrels per day (b/d), bringing its total production to nearly 710,000 b/d by mid-2020.
Sweden could help provide the needed funds to finance renewable energy projects in Egypt and provide technical support to the electricity sector.