Egypt | Egypt Oil & Gas - Part 414
GE, Harbin Agree to Establish $8b Coal-Fired Plant in Egypt
US’s General Electric (GE) and China’s Harbin Electric have agreed to establish an $8b coal-powered electricity station that will run at a power of 6,510 MW in Egypt.
Egypt’s Parliament Approves Saudi’s Sinai Development Program
In a plenary session that took place in late June, Egypt’s Members of Parliament (MPs) have approved a presidential decree on the King Salman Program for the Development of Sinai, a Saudi-Egyptian loan agreement tha ...
Hurghada Oil Spill Spreads Across 6 KM in The Red Sea
Egypt's Environment Ministry's committee reported that crude oil slicks in the Red Sea region of Gabal al-Zeit, were already floating over 6 km in the seas off northeastern Hurghada. In cooperation with the nature-re ...
EETC to Collect 3rd Aswan Solar Energy Installment
The Egyptian Electricity Transmission Company (EETC) has addressed the solar energy companies’ investors in Aswan to pay the third installment of the EGP 10m cost-sharing agreement that links the solar power plants w ...
EEHC, Recovered Energy to Sign Energy Efficiency Contract
The Egyptian Electricity Holding Company (EEHC) will ink an agreement with Recovered Energy, in July 2016, to invest $30m in increasing the efficiency of the Sixth of October Power Plant.
Egypt Receives $650m Fuel Shipments from Saudi Arabia
As part of the five-year agreement that Egypt has with Saudi Arabia to contribute in supplying the country’s fuel needs, Egypt has received shipments of petroleum products worth approximately $650m in May and June 20 ...
Shell Reveals $342m Investment Plans in Egypt
Royal Dutch Shell has announced its new plans for the coming fiscal year (FY) 2016/2017 in Egypt. The Anglo-Dutch oil and gas giant sets its eyes on investing $342m in drilling 33 wells in its concession areas that a ...
Egypt Agrees to Import Iran’s LNG
Egypt has agreed to recommence importing Iran's liquefied gas (LNG), according to an Iranian official, following the permit issued by Cairo for Tehran to transfer crude oil to European countries through its SuMed pip ...
