News / Egypt

GL Noble Denton first technical seminar

GL Noble Denton Egypt held its first technical Seminar on the 15th of March at JW Marriot Cairo, on the occasion of the new merge. As from January 2010, GL Industrial services and Noble Denton have emerged to one company with trading name GL Noble Denton.

Citadel Capital to raise $2.25bn for oil refinery

The Egyptian private owned company, Citadel Capital will be raising $2.25 billion for an oil refinery, according to the company's Managing Director, Ahmed El Houssieny.

Petrozeit: new exploration activity in Gebel El Zeit

Egypt Oil & Gas learned that Petrozeit Petroleum Company is planning to drill for a new exploratory well in its acquisition area in Gebel El Zeit. Drilling will start during this year.

Egypt Taqa Arabia plans to go public

Egypt's energy services provider Taqa Arabia is considering eight natural gas and power generation projects and plans a public offering on the stock market after it secures one of these projects, Al Bayan daily reports citing a company official.

Conference: the role of banks to boost the Egyptian economy

The Sixth International conference "People and Banks 2010" will be held in Egypt in April, Under the supervision of Dr. Farouk El Okda, Governor of the Central Bank of Egypt.

Egypt: to secure $430 million loan for wind farm

The state news agency MENA reported that Egypt is set to secure a $430 million loan from Japan to fund a 220-megawatt wind farm as it tries to boost its renewable energy output.

Sea Dragon announces the successful production testing of Al-Amir SE-5 Appraisal Well

Sea Dragon Energy Inc. is pleased to announce that the Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt.

EGPC signing a new loan

The Egyptian General Petroleum Corporation (EGPC) announced that it inked a 2 billion Egyptian pounds loan with 17 public and private banks, aiming to fund its own ongoing operations.

Siemens sponsors Enppi football club

Siemens announced yesterday in a press conference held at Fairmont Towers Heliopolis the sponsorship signature of Enppi football club.

Egypt strike for Kuwait Energy

Kuwait Energy announced that it discovered a new oilfield in the Egyptian western desert, Borg El Arab field is considered the company's fifth consecutive discovery since last year.

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