investment | Egypt Oil & Gas - Part 11
ABB to Establish $ 10m Power Transformer Plant
ABB is planning to establish a $10m power transformer factory.
Egypt Electricity Ministry to Contract with Siemens for Wind Farms Construction
Egypt's Ministry of Electricity promised to complete the contract with Siemens for the construction of wind farms with a capacity of 2,000 MW.
El Molla Met with GACIC’s Delegation
El Molla met with German-Arab Chamber of Industry and Commerce's delegation.
El Molla Visited ERC and CORC
El Molla visited the project of the Egyptian Refining Company (ERC) annd the refinery of the Cairo Oil Refining Company (CORC) in Mostorod.
EBRD Finances Egypt’s Carbon Holdings Company
EBRD is providing local petrochemicals producer Carbon Holdings with a $11m loan.
Dana Gas Reports Strong Results in Egypt for Q1 2017
Dana Gas said that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283m, compared to $265m in Q1-16.
BORAPETCO Announces New Oil Discovery
BORAPETCO is currently drilling a new exploratory well, Al Jahra southeast 2, in its concession in Abu Sinan area in Egypt's western desert.
Tarek El Molla Met with the Romanian Ambassador to Egypt
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, received the Ambassador of Romania to Egypt, Mihai Ștefan Stuparu, to discuss the high level of coordination between the two countries.
