Egypt | Egypt Oil & Gas - Part 341
BP Awarded Add Energy a Contract in Egypt
Add Energy has been awarded a maintenance build contract with BP for work on West Nile Delta.
Fuel Subsidies to Reach EGP 40b
Petroleum derivatives subsidies bill will reach around EGP 40b in the last quarter of 2016/2017.
Japan Supports Egyptian Electricity Distribution Companies
Egypt secured a $243m loan from the Japanese International Cooperation Agency (JICA) to finance EEHC.
Egypt-Saudi Power Linkage Expected Late 2018
Egypt is expected to complete a project aimed at linking its power grids with Saudi Arabia at the end of December 2018.
NI Capital to Announce Winner of Enppi’s IPO
NI Capital will announce the banking winner for Enppi’s IPO early June.
Cabinet Approves Six Agreements between EGPC and IOCs
The Egyptian cabinet met on the 25th of May and approved six agreements between the Egyptian General Petroleum Company (EGPC) and a number of unnamed IOCs for oil exploration in the Western Desert.
GIG Wins Petrojet’s Insurance Policy Tender
The Petroleum Projects and Technical Consultations (Petrojet) awarded an insurance tender to Arab Misr Insurance Group (GIG) to provide property insurance for the oil and gas services provider.
AFC to grow in Suez Canal
Abu Qir Fertilizers and Chemicals Company (AFC) will expand its business in the Suez Canal Area.
