News / Egypt

GIG Wins Petrojet’s Insurance Policy Tender

The Petroleum Projects and Technical Consultations (Petrojet) awarded an insurance tender to Arab Misr Insurance Group (GIG) to provide property insurance for the oil and gas services provider.

El Molla in Talks with Dow

El Molla received Dow’s President for the India, Middle East, Africa and Turkey (IMEAT) region, Jim McIlvenny.

Eni Finished Drilling First Phase of Zohr

Italy’s Eni has completed drilling work on all eight wells in the first phase of Zohr gas field.

Dana Gas to Resume Drilling in Egypt

Dana Gas would resume limited drilling in Egypt after receiving $70m in back-payments from the Egyptian Government.

AFC to grow in Suez Canal

Abu Qir Fertilizers and Chemicals Company (AFC) will expand its business in the Suez Canal Area.

Sinopec Refutes Risks of Investing in Egypt

Sinopec replied to rumored concerns that the company has bought a 33% stake in Apache’s assets in Egypt for $3.1b in 2013.

Finance Minister to Meet AIIB Delegation

Egyptian Minister of Finance, Amr El Jarhi, will meet the Asian Infrastructure Investment Bank (AIIB)'s Chairman for Policies and Strategies, Uh Akim von Amsberg, and his accompanying delegation.

Global Companies to Submit Offers to Establish Gabal Al Zeit Wind Farm

11 international companies will be presenting offers for the $281m Gabal Al Zeit wind farm.

ABB to Establish $ 10m Power Transformer Plant

ABB is planning to establish a $10m power transformer factory.

Egypt Electricity Ministry to Contract with Siemens for Wind Farms Construction

Egypt's Ministry of Electricity promised to complete the contract with Siemens for the construction of wind farms with a capacity of 2,000 MW.

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