cost-sharing agreement | Egypt Oil & Gas

Dana Gas, ADES-Vatage Sign Deepwater Agreement

Vantage's Tungsten Explorer drillship will be responsible for drilling a firm well, with an option to drill three more wells. The drilling program is planned to be completed in 77 days.

FiT Investors to Bear Increased Construction Costs

The Egyptian Ministry of Electricity aims to increase costs sharing percentages associated with solar energy Feed-in-Tariff (FiT) by 30% after EGP devaluation.

Solar Energy Investors In Dispute over Domestic Arbitration

The Egyptian Ministry of Electricity and Renewable Energy faces late disagreements with solar energy co-investors over domestic arbitration regarding renewable projects.

Solar Energy Investors Postpone EGP 9m Installment

Egypt’s Ministry of Electricity has accepted investors' request for an extension to pay the third installment of the cost-sharing agreement for solar energy projects in Banban, Aswan, worth EGP 9m, which was due in June.

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