Middle East | Egypt Oil & Gas - Part 8
Kuwait Produces Solar Power
Kuwait began operating its first solar power plant at the Umm Gudair oil field. The Sidrah 500 project is worth $99m and is expected to produce 10MW of electricity.
Libya Produced 670,000b/d of Oil
Libya has experienced a remarkable increase in oil production hitting 670,000b/d. The rise in output came accordingly to NOC's work in some previously-shut oilfields.
Iran to Renovate Oil Terminals
Iran Oil Terminals Company's (IOTC) is in negotiation with a Dutch firm to renovate and develop Iran's oil terminals infrastructure in the Persian Gulf.
Turkey to Tender 1GW PV Plant
Turkey is to hold a tender in December for a 1GW photo voltaic (PV) plant located near the city of Konya.
EBRD to Invest in Turkey’s Renewable Energy
The European Bank for Reconstruction and Development (EBRD) will providing $55m in new funds to Turkish lender Isbank to finance private companies investing in renewable energy.
OPEC, Russia Talked Production Freeze
Senior officials from the Organization of the Petroleum Exporting Countries (OPEC) met with Russia’s energy minister in Riyadh to discuss details around how the group will meet the supply target it set at in Algiers ...
Algeria to Generate Renewable Power
Sonelgaz Group is developing a nationwide program aimed at producing 4,000MW of electricity from renewable energies such as solar and windmill.
Iran, Total to Sign $2b Petchem Deal
Iran and France's Total will finalize a $2b petrochemical project deal by March 2017.
