Electricity Loads to Decrease 0.8% Overnight
The Egyptian Ministry of Electricity and Renewable Energy has said that the improvement of temperature has helped to stabilize the electrical loads on the country’s national grid.
News / Egypt
ASORC, NBE Reach Agreement Over $10 M China Loan
The Assiut Oil Refining Company (ASORC) signed an agreement with the National Bank of Egypt (NBE) on April 4th regarding a $100 million loan from China Development Bank.
Edison to Sell E&P Division
Italy’s Edison Company plans to sell its $2 billion exploration and production (E&P) division to focus on its retail operations.
100 Egyptian Firms to Work on Dabaa Power Plant Project
The Egyptian government has announced that 100 local electricity, construction, installation and consultancy firms will work on the development of the Al Dabaa nuclear power plant.
Enppi Signed Contracts for 12 Projects in 2017
Engineering for the Petroleum & Process Industries (Enppi) signed contracts for implementing 12 national and international projects over the course of 2017.
UK to Receive LNG Shipment from Egypt’s Idku
The UK will receive a liquefied natural gas (LNG) shipment from Egypt's Shell-operated Idku liquefaction plant.
NOMP, ATD Agree Power Station Efficiency Increase
Egypt's National Organization for Military Production (NOMP) ha signed a protocol with UAE's Advanced Technology Development (ATD), a leading provider of services, maintenance and development of power plants.
Petrojet Profits Exceed EGP 23 B in 2017
The Petroleum Projects and Technical Consultations Company (Petrojet) recorded profits of EGP 23 billion during 2017, a 91% year-on-year (Y.o.Y) increase.
Infinity Solar to Finalize 130 MW Solar Plant
Infinity Solar Company plans to complete a 130 MW solar power plant during Q1 2019.
EAEA to Establish Nuclear Fuel Plant
The Egyptian Atomic Energy Authority (EAEA) will establish a plant with Wadi El-Nil Company that will produce nuclear fuel to be used in nuclar power generating plants and atomic plants.
