Egypt | Egypt Oil & Gas - Part 344
India Increases Petrochemical Investments in Egypt
India's petrochemical giant TCI Sanmar will boost its investments in Egypt to reach $1.5b.
Siemens to Connect 800MW to National Grid
Siemens plans to connect 800MW of electricity produced at Burullus power plant to Egypt's national grid by the end of June 2017.
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.
