Sidpec Seeks Acquiring a Chemical Company
Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.
Egypt | Egypt Oil & Gas - Part 243
Financial Institutions to Fund Egypt-Cyprus Gas Pipeline
Four investment banks have shown interest in funding the natural gas pipeline linking Cyprus's Aphrodite field to Egyptian liquefaction facilities, a Cypriot official involved in the country’s energy sector stated ...
Egypt, Greece, Cyprus Establish East Mediterranean Gas Forum
Egyptian President Abdel Fattah El Sisi has agreed with his Cypriot counterpart, Nicos Anastasiades, and Greek Prime Minister Alexis Tsipras to establish an Eastern Mediterranean gas forum to be headquartered in C ...
Enppi to Issue GDRs on London Stock Exchange
The Egyptian government plans to issue global depository receipts (GDRs) for Engineering for the Petroleum & Process Industries (Enppi) on the London Stock Exchange (LSE).
GE Wins Contract for Dabaa Nuclear Plant
GE Power Company announced winning a contract to deliver turbine island equipment for Egypt's El Dabaa nuclear power plant.
WorleyParsons to Provide Project Management Consultancy for Assiut Hydrocracking Complex
WorleyParsons won a four-year contract from Assiut Oil Refining Co. (ASORC) to provide project management consultancy for the Assiut Hydrocracking Complex, which is located in Upper Egypt.
Energean Oil & Gas Appoints Iman Hill COO
Energean Oil & Gas announced appointing Iman Hill as new Chief Operating Officer (COO) effective November 1st, 2018.
Petroleum Exports Profit Increases by 33.14% YOY
Egypt's petroleum exports profit increased by around 33.14% year-on-year (YOY) as the country exported petroleum worth $8.773 billion in fiscal year (FY) 2017/18, compared to $6.5895 billion during 2016/17.
HSBC-led Consortium Issues $1B Loan for Petroleum Export Limited
HSBC-led consortium of international and Gulf banks will provide a $1 billion loan for Petroleum Export Limited, which is a subsidiary of the Egyptian General Petroleum Corporation (EGPC).
Mostorod Refinery to Decrease Egypt’s Diesel Imports by 50%
Egypt will start trial operations at the Mostorod refinery complex in December 2018 and prepare for the actual operations to start in Q1 2019 which will contribute to decreasing diesel imports by 50% as the refine ...
