Egypt | Egypt Oil & Gas - Part 769

News / Egypt

Egypt, Russia to Sign Dabaa Nuclear Agreement by End 2016

Egypt agreed with Russia to sign the final contract for the nuclear power plant Al Dabaa by the end of 2016. Moscow will grant Cairo a $25b loan to finance equipment for construction and operation of the plant.

Egyptian Natural Gas Production Declines

Egypt's natural gas production has decreased from 4.4bcf/d to 4.35bcf/d in October due to deficient speed of connecting new wells to the national grid to compensate for natural gas production ratio decline.

El Molla: Egypt to Finalize New Gas Law by 2017

Egypt's Petroleum and Mineral Resources Ministry announced it plans to finalize the new gas law before the end of 2017, according to Oil Minister, Tarek El Molla.

El Molla: Egypt Signed 70 New Oil&Gas Agreements

Egypt has signed 70 new oil and gas exploration agreements.

Egypt Listed Oil Firms for IPO

The Egyptian Ministry of Petroleum and Mineral Resources presented eight oil and petrochemical companies to the Ministry of Investment and ICapital National Investment Bank to study the launch of an initial public offering (IPO) through the Egyptian Stock Exchange (EGX) and other global markets.

Egypt to Proceed with Saudi Power Link

The Egyptian Ministry of Electricity and Renewable Resources is working on establishing power links with Saudi Arabia. He added that such bilateral connectivity with neighboring Arab nations requires stability in the region.

Egypt to Build Solar Plant in Kom Ombo

The Egyptian New and Renewable Energy Authority (NREA) will launch tender for the development of a 20MW solar power plant in Kom Ombo, Aswan, in cooperation with the French Agency for Development (AFD).

Egypt to Consider Waste-to-Energy Tariff

The Egyptian Government is considering to increase the waste-to-energy purchasing tariff from the specified EGP 0.92 in order to attract more investors.

SDX Chose Drilling Location in South Disouq

SDX Energy Incorporation chose a location for drilling a carried exploration well in the South Disouq concession in Egypt of which it operates with a 55% interest.

Egypt Boosted Siemens’ Profits

Germany's Siemens stated that it had boosted its net profit in the quarter ending September by 18%. This increase came from Siemens' large power plants in Egypt.

Page 769 of 1044

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