infrastructure | Egypt Oil & Gas - Part 4

Saudi Arabia in Cash Flow Crisis

Informed sources told Bloomberg that Saudi Arabia is delaying payments to government contractors thanks to the oil price slump. The country has already entered into a deficit for the first time since 2009, with constr...

Ethiopia to Draw on Japan’s Experience with Renewables

Ethiopia’s Water, Irrigation and Energy Minister Alemayehu Tegenu said that his country is its partnership with Japan in the area of climate change and renewable energy, reported AllAfrica. Alemayehu explained that ec...

Iran Welcomes South Koreans, Has Mixed Feelings over US Firms

According to Reuters South Korean government and corporate officials are visiting Iran to take advantage of the full removal of sanctions. “We plan to highlight the capability of our firms for major projects wit...

Alstom to Build and Service Saudi National Grid Infrastructure, Training

Alstom Grid, a global leader in the world of power generation, power transmission, has signed a long-term deal with  National Grid SA of Saudi Arabia to develop the electricity infrastructure in the kingdom. As per th...

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...

Kuwait Awards CB&I $60 Million Energy Infrastructure Contract

CB&I, a major energy infrastructure focused company, has won a contract valued at approximately $60 million by JGSK JV, a joint venture between JGC Corp, GS E&C and SK E&C. The project scope includes the e...

South Korea to Expand Energy Cooperation with Kuwait

South Korea is seeking to promote economic ties with Kuwait to the level of energy cooperation, visiting Minister of Trade, Industry and Energy Yoon Sang-jick has said. Kuwait is the second biggest exporter of oil to ...

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