Dana Gas, ADES-Vatage Sign Deepwater Agreement

• Sunday, 10th March 2019
• by Sarah Samir

Dana Gas signed an exploration agreement with ADES International Holding for drilling services in Egypt’s Mediterranean Sea, Offshore Magazine reported. According to the agreement, Vantage’s Tungsten Explo...

FiT Investors to Bear Increased Construction Costs

• Sunday, 4th December 2016
• by Sarah Samir

The Egyptian Ministry of Electricity aims to increase costs sharing percentages  associated with solar energy Feed-in-Tariff (FiT) by 30% after EGP devaluation, reported Al Borsa. An official at the Ministry of Electr...

Solar Energy Investors In Dispute over Domestic Arbitration

• Sunday, 7th August 2016
• by Sarah Samir

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

Solar Energy Investors Postpone EGP 9m Installment

• Monday, 13th June 2016
• by Egypt Oil & Gas

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...