Egyptian Electricity Holding to Receive EGP100m from MIDB

• Monday, 20th April 2015
• by Egypt Oil & Gas

Misr Iran Development Bank ( MIDB ) is working on inject EGP100m in an EGP1.5bn ($196.6m) financing for state-owned Egyptian Electricity Holding Company ( EEHC ), reported Amwal Al-Ghad. EEHC ‘s financing is bei...

Egypt Signs $27.6m Deal to build Transformer Station

• Sunday, 19th April 2015
• by Egypt Oil & Gas

Egyptian Electricity Transmission Company (EETC) signed on Thursday a deal to establish a transformer station worth 210.8 million pounds (US$27.6 million) in the Suez Canal region, announced Ahmed Hanafi Chairman of E...

Egypt Selects 115 Bidders for Renewable Energy Projects

• Wednesday, 15th April 2015
• by Egypt Oil & Gas

During the Egypt Economic Development Conference in Sharm el-Sheikh, hundreds of bidders approached the government post its announcement to adopt a renewable path. A high-profile official at the Investment Ministry to...

South Africa To Build Infrastructure for Gas Imports

• Wednesday, 18th February 2015
• by Egypt Oil & Gas

South Africa plans to build the infrastructure to import natural gas to supply electric turbines as the country deals with a shortage of power, the Department of Energy said. “We have very limited gas infrastructure” ...

Kuwait Invests $6.8 billion in Egyptian Energy Projects

• Monday, 16th February 2015
• by Egypt Oil & Gas

Egypt has agreed preliminary deals with Kuwaiti companies for the establishment of petrochemical projects worth $6.8 billion, the government said on Sunday. Prime Minister Ibrahim Mahlab signed memorandums of understa...

Eskom Cancels Plans to Rotate Blackouts in South Africa

• Tuesday, 3rd February 2015
• by Egypt Oil & Gas

South Africa’s power utility canceled plans to start rotating power cuts on Tuesday morning after households and businesses reduced demand, minimizing strain on the grid. Eskom Holdings SOC Ltd., which provides 95 per...