Germany | Egypt Oil & Gas - Part 7
Iran Signs 1,250 MW with Germans for Post-Sanction Electricity Demands
Iran’s Ministry of Energy signed an agreement with a German company to build 1,250 megawatts of solar energy projects, reported Press TV, citing the head of the Tehran electricity distribution company, Ali Barband. Ba...
Siemens in $1.1b Energy Commitment to Bolivia
German industrial group Siemens has signed a long-term memorandum of understanding (MoU) with Bolivia worth over $1.1b, reported Reuters. Under the terms of the agreement, Siemens will supply gas turbine combined cycl...
IAEA Last Hurdle to Iran Sanctions, Energy Projects
German foreign minister Frank-Walter Steinmeier arrived in Iran for the first extended visit to the country for a German official of his rank in 12 years, reported Deutsche Welle. This was ahead of the final removal o...
Germany Leading Renewables Race in Iran with Ahvaz Deal
Iran has commissioned German Green Invest 3000 GmbH to set up a PV solar farm in city of Ahvaz in South West Iran, reported Mehr News Agency A memorandum of understanding (MoU) was signed between officials of Khuzesta...
Iran Signs Technology-Transfer MOU with German Rig Builder
Iran signed a major deal with Germany’s Nordic Yards, a global developer of maritime installations, ostensibly for the construction of offshore facilities, reported Press TV. Nordic Yards signed the Memorandum of Unde...
Aramco Buys 50% of Synthetic-Rubber Makers, Leaves Germans in Charge
The world’s largest synthetic-rubber business, Germany’s Lanxess, sold 50% of its business to its new partner Saudi Aramco, said Reuters. The official stated objective from behind this move is to help Lan...
Iranian Gas Heading to Spain, German Investments Heading to Iran
Press TV reported that Iran has received a proposal from Spain to use its liquefaction facilities to export LNG to Europe, said Oil Minister Bijan Zangeneh. Zangeneh told reporters that the proposal was raised during ...
Equate Petrochemical Wins International IT Prize
Kuwait’s Equate Petrochemical Company received an IT award from German enterprise software leader SAP in the “IT Business Transformation Category”, reported Trade Arabia. Equate Petrochemical is the country’s fi...
