Germany | Egypt Oil & Gas - Part 4

Egypt, Germany Sign Economic Partnership

The partnership enhances cooperation in the field of low carbon emission through boosting cooperation in renewable energy and energy efficiency.

Germany to Extend $250M Loan to Egypt

The German government will provide a $250 million loan next year to help finance Egypt’s budget

Sisi: Egypt Aims to Become Europe’s Regional Energy Hub

President EL Sisi said that Egypt seeks to become a regional and global hub for energy generation, transmission, and distribution to Europe.

Bilfinger’s Omani JV Wins PDO Extension Contract

Germany-based Bilfinger said its Oman joint venture (JV) has won an extension of its contract to provide engineering and maintenance services to oil and gas company Petroleum Development Oman (PDO).

Morocco Got $38m towards Sustainable Energy

The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m to support Morocco's sustainable energy developments.

International Group to Study Egypt’s $3.3b Solar Project

The Egyptian Minister of International Cooperation, Sahar Nasr, stated that during August, a consortium of the World Bank, the African Development Bank, in addition to German and French institutions will finalize the ...

Ministry of Petroleum Owes $400m to Germany’s RWE

Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...

Siemens-Gamesa Sign Merging Wind Power Agreement

Spain’s Gamesa and Germany's Siemens, the world’s fourth and fifth top wind turbine suppliers respectively, have signed a binding agreement to merge their wind business together to form a leading global wind power pl ...

Germany to Construct Solar Plant in Iran

Germany will construct a solar power plant and other facilities in Iran, according to a statement made by an Iranian official at the Governor-General's office.

Gamesa, Siemens Wind Energy Deal Pending

The fourth largest wind turbine manufacturer in the world, Spain’s Gamesa, announced that it still in the negotiating process with Germany’s Siemens regarding merging the two countries’ wind energy business together

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