Baker Hughes GE signed a contract with Belayim Petroleum Company (Petrobel) to conduct subsea services for the second phase of development at the Zohr natural gas field.
The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, signed an investment agreement with China to boost the capacity of the electricity local grid.
The Egyptian President, Abdel Fattah El Sisi, invited the Russian President, Vladimir Putin, to attend the ceremony held for the laying the foundation stone for Al Dabaa nuclear power plant.
Rashid Petroleum Company/Burullus Gas Company (RASHPETCO) and Badr El Din Petroleum Company (BAPETCO) reported production increase for fiscal year (FY) 2016/2017.