The Egyptian Electricity Transmission Company and Saudi Arabia opened the financial and technical tender for the Saudi-Egypt electricity interconnection project. The applicants include Alstom, ABB, and Siemens.
The Egyptian General Petroleum Corporation (EGPC) and Egypt’s Petrojet held meetings in Tripoli to establish joint agreements between the two countries.
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, pointed out the importance of training the technical staff working in the oil and gas industry.
Russia'a Rosneft stated that gas production in Zohr field will start by the end of 2017. Zohr is considered to be the hugest natural gas field ever found in the Mediterranean Sea as it has estimated 850bcm of gas.