Egyptian President Abdel-Fattah El-Sisi ratified a $500m loan agreement with the World Bank to fund the expansion of the national natural gas grid, where 1.5m households will be added to the grid.
OneSubsea, a Cameron and Schlumberger company, has been awarded a contract to supply subsea systems for the BP West Nile Delta Development (WND)’s Taurus Libra fields in Egypt.
President Abdel Fattah al-Sisi discussed rationalising energy and reducing waste during a meeting with the electricity and petroleum ministers on Wednesday.
Dimian said the EGP 136 million price tag represent 25% of the value of the project’s first phase, which aims to supply and install 1 million devices. The project is set to reach approximately 3.98 million devices wi ...
The African Development Bank Group (AfDB) is considering a US$50 million finance in favour of a solar energy project in Egypt, an AfDB source with knowledge of the mater told Amwal Al Ghad.
Eni reached a record level of production of 70 thousand b/d in the Western Desert of Egypt, doubling its level of production in three years. Eni announced in a statement.
Indian petrochemical giant Sanmar plans to invest $350m in the expansion of its Egypt plant Trust Chemical Industries (TCI) in Port Said, raising its total investment in the country to $1.45bn.