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.
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.
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.
Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.