Egypt | Egypt Oil & Gas - Part 412

Egypt, Russia Finalize Nuclear Plant Deal

The Egyptian and Russian governments signed a final agreement to build a nuclear plant in Dabaa, Egypt on November 19th.

ADF Loan to Cover $500m Owed to Foreign Companies, Petroleum Ministry

An official source at the Ministry of Petroleum said that the ministry plans to repay $500m of Egypt’s dues to foreign partners by the end of 2015.

Tarek El-Molla to Attend Bahrain’s APICORP Energy Forum

His Excellency Tarek El-Molla, Minister of Petroleum and Mineral Resources, will attended the Arab Petroleum Investments Corporation’s (APICORP) Energy Forum held today in Bahrain.

Scatec Solar Invests $600m, Sees Egypt as MENA Solar Hub

Scatec Solar, a leading solar energy provider, is planning to invest $600m on solar projects over two years in Egypt.

Fears that Dana Gas Losses May Affect Egypt Investments

UAE-based Dana Gas announced a $7.6m loss in the third quarter of 2015. The company operates mostly in Egypt and Iraq.

Siemens to Receive €4.1b Loan for Egypt Project

German credit insurance agency Euler Hermes has agreed to underwrite a €4.1b loan to Egypt from a consortium of German banks in support of Siemens electricity production efforts in the country, Egypt Independent reports.

Egypt Submits Proposal for UN Climate Change Conference

the Egyptian government submitted a proposal for its contribution to the UN climate pact, in preparation for the December Paris Conference.

Oil Ministers of Egypt, Jordan, Iraq Sign MoU

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, Jordanian Minister of Petroleum and Mineral Resources, Ibrahim Saif, and the Iraqi Oil Minister, Adel Abdul Mahd, signed a memorandum of understan ...

Israel Invites Oil Majors Following Nationwide Anti-Monopoly Protests

Israel is inviting international oil companies to further explore its offshore waters for natural gas, Israel’s Minister of National Infrastructure, Energy and Water Resources Yuval Steinitz announced.

Actis to Fund $350m Wind-Power Plant in Gulf of Suez

Egypt has signed a memorandum of understanding with London-based investor Actis LLP to establish a wind-powered electricity plant in the Gulf of Suez.

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