News / Egypt
US’ General Electric to Build Wind Power Plant in Egypt
USA's General Electric (GE) is planning a 150MW wind power plant in Egypt. The Egyptian Electricity Holding Company (EEHC) and GE are currently working on finalizing the deal, officials at the Ministry of Electricity and Renewable Energy said
Correction: Egypt to Produce 26 Tcf from Zohr
Eni's mega gas discovery in Egypt's Mediterranean area, Zohr, is expected to produce 26 tcf.
Foreign Oil Investments in Egypt Total $7.5b in FY 2016-2017
Foreign energy company investments in research, exploration and development in Egypt’s oil sector in the next fiscal year amount to around $7b.
EGPC, ADNOC Negotiating Fuel Shipments and Payments
The EGPC is currently in negotiations with Abu Dhabi National Oil Company (ADNOC) for shipments of petroleum products and payment facilitations.
Schneider Electric Participating in 1.5m Acre Wells Project
Schneider Electric will participate in a 1.5m acre project via investment in running project wells through solar power.
Egypt, China to Sign Six Electricity Infrastructure Deals
The Ministry of Electricity expects to sign six new agreements for Chinese investment in Egypt’s electricity infrastructure during Chinese President Xi Jinping’s visit in January.
Egypt’s Sidi Kerir Petrochemicals Targets 5%-10% Sales Increase
Egypt's Sidi Kerir Petrochemicals Company (Sidpec) hopes to increase sales by 5%-10% in 2016, said the company’s Marketing Head Mohamed Saad.
BP Aims to Double Gas Production in Egypt in 4 Years
BP aims to double natural gas production in Egypt in the next four years, despite weak prices. 
