Egyptian Finance Ministry to Issue Letters of Guarantee for 30 Solar Firms
The Egyptian Ministry of Finance plans to issue letters of guarantee for 30 solar energy firms under the terms of phase II of the Feed-in-Tariff (FiT) program.
Egypt | Egypt Oil & Gas - Part 302
El Molla Highlights Necessity of Continuous Coordination in Zohr
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, highlighted the necessity of continuous coordination between companies in operating Zohr gas field.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, issued new transfers and promotions.
BTE2 Well Adds 25 mscf/d to Natural Gas Production
Egypt’s BTE2 Well, which is operated by Royal Dutch Shell’s Joint Venture in Egypt, Badr El Din Petroleum Company (BAPETCO), has started production phase on January 7th.
Egyptian Oil Firms Seeking to Double EGP 10 B Loan
Egypt’s Co-Operation Petroleum Company (COOP) and Misr Petroleum Company sent a letter to an Egyptian banking consortium asking to double an EGP 10 billion loan, which was granted late 2014.
El Molla Issues New Promotions
The Egyptian Minister of Petroleum and Mineral Resources, Tare El Molla, issued new promotions and transfers.
Qalaa Holdings Announces 38% Revenue Growth in Q3 2017
Qalaa Holding announced 38% year-over-year (Y.o.Y) growth in revenue during the third quarter of 2017, reaching EGP 2.47 billion, and a 182% Y.o.Y increase in earnings before interest, taxes, depreciation, and amo ...
Egypt to Establish Largest Wind Farm in MENA
Egyptian Ministry of Electricity and Renewable Energy initiated a project worth EGP 5 billion to establish the hugest wind farm in the Middle East, as part of the country’s plans to increase renewable energy usage ...
Misr Petroleum Company Increases Storage Capacity to 128,000 Liters
Misr Petroleum Company increased the storage capacity of the different benzene types along with diesel to reach 128,000 liters, upon operation start of Suhag station.
Number of Households Linked to Gas Grid Hits 8.3M
Egyptian Ministry of Petroleum and Mineral Resources increased the number of households connected to national gas grid to around 8.3 million households across the country.
