investment | Egypt Oil & Gas - Part 16
EETC to Sign Power Purchase Agreements
An official at the Ministry of Electricity and Mineral Resources stated that the Egyptian Electricity Transmission Company (EETC) is ready to sign power purchase agreements with renewable energy companies under the Fe...
MENA to Invest $294b in Oil Sector
According to MEED Insight’s MENA Oil and Gas Report 2017, about $294b of oil, gas, and petrochemicals projects are in the pre-execution phase across the Middle East and North Africa (MENA) region, even as concerns abo...
Egypt’s Feed-in-Tariff to Remain Unchanged
The Egyptian Electricity Ministry will not increase the Feed-in-Tariff (FiT) for renewable energy projects in the second phase of the program, as solar energy companies had been hoping, Al Mal reported. Ministry’...
El Molla: Egypt Turns Challenges into Opportunities
Speaking at EGYPS 2017’s opening speech. the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, said that the Ministry is aiming to create an attractive investment environment and turn challen...
Dr. Sultan Al Jaber: Egypt Is an Ideal Energy Partner
At Egypt Petroleum Show (EGYPS 2017), His Excellency Dr. Sultan Ahmed Al Jaber, Minister of State, UAE and ADNOC’s CEO said in his keynote speech that “Egypt has proved it is a trustful partner in the energy se...
Egypt Invests EGP 29b in Electricity Projects
The Head of Egyptian Electricity Transmission Company (EETC), Gamal Abdel Rahim, explained the position of the company’s projects and future plans that are being implemented to meet the added capacities in the summer....
Lebanon to Auction 5 Offshore Areas
Lebanon will auction energy-development rights to five offshore areas and adopt production-sharing contracts to attract international investors as the country seeks to join a regional race to tap oil and gas wealth in...
Saudi Aramco Eyes $5b Investment in Renewables
Saudi Aramco, the world’s largest oil company, is considering as much as $5b of investments in renewable energy firms as part of the kingdom’s plans to diversify from crude production, Oil and Gas People reporte...
