News / Egypt
GPC to Drill 18 Wells in 2017/2018
General Petroleum Company (GPC) stated to Egypt Oil&Gas that the company will drill 18 exploratory and development wells during the fiscal year 2017/2018.
Petrobel to Invest $630m in 2017/2018
Belayim Petroleum Company, otherwise know as Petrobel, approved an allocated budget at $630m investments for fiscal year 2017/2018 and it is studying the addition of $214m for new discoveries.
Infinity Solar Linked Plants to Power Grid
Infinity Solar Company connected two power plants to the national electricity grid as part of development project of Bashayer El-Khair 1 at Gheit El-Enab area in Alexandria.
Carbon Holdings’ CEO Awarded AFRICA Entrepreneur of 2016 Award
Founder, Chairman and CEO of Carbon Holdings, Basil El-Baz, has been selected to receive the AFRICA Entrepreneur of the Year Award 2016.
Platts Issued MENA LNG Price Index
Commodity pricing agency S&P Global Platts will begin assessing prices for liquefied natural gas (LNG) delivered to the Middle East and Pakistan.
Egypt Upgraded Ataqa Power Plant
Egypt started rerunning Ataqa power plant after Siemens and Mitsubishi performed maintenance work
Firms Invest $3b in Phase II of FiT
Thirty one companies are contributing in phase II of the energy purchasing Feed-in Tariff (FiT) program with investments $3b to build solar and wind power plants with capacity 1,845MW.
FAJR to Supply Gas to Jordan’s Industries
Egyptian-Jordanian FAJR for Natural Gas Transmission and Supply Company signed an agreement with Fine Hygienic Holding to provide two of its factories with natural gas
