Egypt | Egypt Oil & Gas - Part 402
Egypt, France Sign $76.5m Gas-to-Homes Agreement
Egypt and France have signed a grant agreement worth $76.5m to be allocated to gas-to-homes projects, according to the Ministry of International Cooperation's official website.
ECCE Mulls EGP 2b Investment in Solar Energy
The Egyptian energy company ECCE is to funnel investments worth EGP 2b towards the development of solar power plant and a factory for the production of solar cells.
Egypt Signs New Onshore Exploration Deals
Egypt signs explorations deals with Cypriot and US companies in hopes of increasing domestic product to meet local demand on natural gas.
Egypt’s Foreign Debt to IOCs Drops to $3.2b
The Egyptian government decreased the oil and gas sector’s foreign debt to $3.2b, while budgeting $2.5b for LNG imports.
Saipem Installs Pipelayer Platform for Zohr
Saipem establishes its Castoro Sei (Beaver Six) pipelayer platform at Limassol Port in Cyprus for Zohr Field to function for the operation in the next six months.
Egypt, Russia Conclude Dabaa Nuclear Plant Agreement
Egypt and Russia concluded all terms of the agreement concerning the construction of a nuclear power plant in El Dabaa.
Egypt Issues New International Oil, Gas Bid Rounds
Ganoub El-Wadi Holding company issued a new international bid round for the oil and gas exploration, Egypt Oil&Gas reported. Egypt Signs Solar Power MOU with China’s TBEA
Egypt has signed a memorandum of understanding (MOU) with Chinese company TBEA to construct a new 1,000 MW solar energy power plant.
