arbitration | Egypt Oil & Gas
Egypt Agrees $1.7B Settlement in Arbitration Case with Israel
Egypt has agreed to pay Israel a $1.7 billion settlement in the arbitration case filed by the Israel Electric Company (IEC) against the Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Co...
Nostra Terra’s East Ghazalat Dispute Referred to Arbitration
Nostra Terra Oil and Gas Co has announced that a dispute between its subsidiary and North Petroleum over the East Ghazalat concession has been referred to arbitration, Morning Star reported. North Petroleum Company re...
Wind Farm Halted Due to Arbitration Clause
The Egyptian Ministry of Electricity and Renewable Energy called on Toyota, Orascom, and GD France alliance to accept that arbitration in case of dispute to be held in Egypt, in order to complete the contracting on th...
Egypt Finalized FiT Phase II Arbitration
Egypt’s New and Renewable Energy Authority’s (NREA) CEO, Mohamed El Sobky, stated that the Egyptian Cabinet has approved Paris as a seat for international arbitration in phase II of the energy purchasing F...
SacOil Settled Nigdel Dispute
SacOil, an independent oil and gas company, has entered into a settlement agreement, with Nigdel United Oil Company Ltd, relating to the SacOil’s legacy involvement in Oil Prospecting License (OPL) 233 in Nigeri...
Kuwait Waived $1.2b Claim Against Egypt
A press release from the Egyptian Ministry of Petroleum and Renewable Energy to Egypt Oil&Gas stated that the minister, Tarek El Molla, witnessed the agreement between Bawabet Al Kuwait Holding Company and the Egy...
Egypt Approved International Arbitration for FiT Deals
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, stated that the ministry will approve international arbitration for the second phase of Feed-in-Tariff (FiT) solar power program, reported Al ...
Ministry of Electricity Persists on FiT Terms
Despite recent talks with the Minister of Investment, Dalia Khourshed, the Egyptian Minister of Electricity, Mohamed Shaker, maintained his position regarding funding and arbitration of solar projects, reported Al Bor...
