News / Egypt
IDB to Cover Fuel Imports
Egypt is in talks with the Islamic Development Bank (IDB) to secure funds for the Egyptian General Petroleum Corporation (EGPC) to import petroleum derivatives,
Egypt Invested $5.49m in Solar Plant
The Egyptian Academy of Scientific Research and Technology (ASRT) will launch a new solar power plant in Sharkya with investments around $5.49m.
Eni Drilled 6th Well at Zohr
Italian Eni finished the drilling processes for the sixth well at Zohr field in the deep water offshore the Mediterranean Sea. An official with the company stated that the well’s production tests will start late October and will take roughly 10 days to complete.
Oil Vessel Capsized in The Red Sea
An Egyptian official stated that Margo Marine Oil Transportation Company's Sea Star Oil Vessel has capsized in the Red Sea near Abu Rdees city.
Egypt to Sign Nuclear Deal in 2016
Rosatom will complete surveying the location and data analysis for the construction of the Dabaa nuclear power plant within November to pave the way for the contract signing in December.
Egypt Launched Sustainable Energy Strategy
The Egyptian Prime Minister, Sherif Ismail, signed off on the country's 2035 Sustainable Energy Strategy during a meeting with the Egyptian Supreme Council of Energy.
ERC to Payoff Mostorod Loans in 2018
The Egyptian Refining Company will begin paying off the first installment of external loans for the company's refining project at Mostorod starting 2018, immediately following the project's launch.
Egypt to Receive Walidiya Plant Bids
The Upper Egypt Electricity Production Company will start receiving bids on the five tenders for the 650 MW Walidiya power plant
