Egypt | Egypt Oil & Gas - Part 384
World Bank Approved Egypt’s $1b Loan Tranche
The World Bank's Board of Executive Directors approved the release of the second $1b tranche of the $3b loan aiming to fund Egypt's economic reform program.
Egypt to Negotiate Smart Meter Bids
The Egyptian Ministry of Electricity and Renewable Resources completed reviewing bids from seven companies that submitted tenders to supply 250,000 smart electricity meters.
Egypt to Host OAPEC Conference
Cairo will host the Organization of Arab Petroleum Exporting Countries (OAPEC) ministerial meeting
Abu Qir Petroleum Installed New Gas Compressor
Abu Qir Petroleum Company installed a new gas compressor with a capacity of 350mcf/d.
EETC Extended Bid Deadline for Solar Plant
The Egyptian Electricity Transmission Company (EETC) extended the decline for receiving bids for the development of a 200MW solar plant in west of the Nile. Bidders can submit their bids until mid 2017.
Orascom Seeks $50m to Fund Solar Plant
Orascom Construction is in negotiations with three international financing institutions over borrowing $50m to fund a 50MW solar power plant in Benban, Aswan.
Shell to Sell Rosetta concession
Royal Dutch Shell Company offered the Egyptian Rosetta concession in Rashid up for sale.
Oman to Invest $1.8b in Egypt’s Petrochemicals
With Oman investing $1.8b in Egypt's petrochemicals industry, a delegation of Egyptian business men and business owners are currently visiting the Arabic sultanate to support bilateral cooperation between the two cou ...
