France | Egypt Oil & Gas - Part 5
Total Launches Huge Offshore Project in Britain’s Shetlands
French energy giant Total has officially launched a huge new gas project in Britain’s remote Shetland Islands, which cost $5b and that has been hailed by London as a “vote of confidence” in the flagg...
France Studying to Ban Imports of US Shale Gas
French Energy Minister, Segolene Royal, said she is investigating legal means to ban the import of shale gas from the United States because France has banned shale gas exploration using hydraulic fracking for environm...
Total to Buy Battery Maker Saft to Expand Clean Energy
One more after Total announced the creation of a gas, renewables and power division to help drive its ambition to become a top renewable power generation and trading company within 20 years, it agreed to buy France ba...
EDF Among Bidders for Galp’s Gas Distribution Unit
Portugal’s Galp Energia has asked French EDF’s investment arm, and other infrastructure funds to submit tentative bids for a 49% stake in its gas distribution business, four sources familiar with the matte...
Total Seeks Solar Business in Qatar Ahead World Cup
The French energy giant Total is studying the prospects of establishing a solar business in Qatar, according to its Chairman and CEO, Patrick Pouyanné. “We understand that Qatar Petroleum is establishing a new company...
Engie Ordered to Raise Prices
Following a complaint by rival Direct Energie, the French competition authority has ordered Engie to raise its natural gas prices for companies, saying that in some cases the utility was engaging in “predatory pricing...
French Investments in Egypt to Increase by 10% in 2017
The Egyptian-French Business Council expects French investments in Egypt to increase by 10% in 2017, Daily News Egypt wrote. According to a government’s statement, Egyptian President, Abdal Fattah Al-Sisi stated...
Egypt, France to Sign 11 MoUs in Electricity Sector
The Egyptian Ministry of Electricity will sign 11 memoranda of understanding (MoU) and cooperation agreements with France during French President, François Hollande’s visit to Cairo, according to government sources ci...
