Germany | Egypt Oil & Gas - Part 8
Iran Welcoming German Energy Companies with Open Arms
Iran’s Deputy Energy Minister Houshang Falahatian announced that his country was on the verge of signing deals with German companies to establish new electricity generation plants, reported Press TV. These deals...
Oman’s Amal Solar Project Ties in With Oil Recovery
Oman’s plans to set up the world’s largest solar plant at its Amal field has prompted interest from Solarlite CSP Technology, a report said. Dr Joachim Kruger, managing director at Solarlite, recently visited Muscat t...
German Chemical Giant Heading to Post-Sanction Iran
Germany’s BASF, the world’s biggest chemical maker, has announced that it plans to return to the Iranian market. BASF CEO Kurt Bock says he has seen a great potential for investment in Iran during his week visit to th...
Saudi Downstream Team Hosted at Achema Forum
Leading industry experts discussed the potential of Saudi Arabia’s petrochemical sector at Achema, a leading global exhibition on chemical engineering, environmental protection and biotechnology, being held at F...
Dubai Equity Firm to Go Geothermal in Germany with $168.8 million
Greenstone Equity Partners, a leading independent fund placement firm in the Middle East, has collaborated with Deutsche ErdWärme, a Karlsruhe, Germany-based geothermal development company, to raise up to €150 million...
RWE Shifting Gears to Renewables, with UAE Firm’s Help
United Arab Emirates green energy firm Masdar may invest in renewable energy projects jointly with RWE, Germany’s second-biggest utility, a source familiar with the matter told Reuters on Wednesday. RWE Chief Ex...
Siemens-Built Electricity Projects to Go Public on EGX
The Egyptian government plans to list three companies with electricity projects that have a total capacity of 13,000 Megawatts, according to daily business newspaper Al Borsa. The shares that will be offered in the st...
Infrastructure Problems Prompt Withdrawal from Qatar Operation
German energy company Wintershall said that it is ceasing its activities in Qatar and is returning Block 4 North near the North Field off the Qatari coast on May 25. The office of Wintershall in Doha will be closed, t...
