EIB to Fund Gulf of Suez Wind Farm

• Thursday, 30th March 2017
• by Sarah Samir

Egypt signed a funding contract of around $123m with the European Investment Bank (EIB) to finance a wind farm in the Gulf of Suez. The agreement was signed on the 28th of March, according to Amwal Al Ghad. The fundin...

Kuwait Energy, Vitol Signed Financing Deal

• Thursday, 29th December 2016
• by Egypt Oil & Gas

Kuwait Energy signed a forward sale agreement with Vitol providing it with a financing facility for up to $100m, Reuters reported. The facility will be repaid to Dutch group Vitol via Kuwait Energy’s Iraqi crude entit...