Middle East | Egypt Oil & Gas - Part 9
Jereh to Boost Algerian Gas Output
The Jereh Group, a Chinese oil field services company and manufacturer of oilfield equipment, has announced that five sets of its 1253kW gas engine-driven compressor units have been shipped to Algeria, reported Trade ...
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, reported Reuters. Half of the project’s power ...
Libya Produced 670,000b/d of Oil
The head of the media office of the Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, announced in a statement that Libya has experienced a remarkable increase in oil production hitting 670,000b/d. T...
Iran to Renovate Oil Terminals
Iran Oil Terminals Company’s (IOTC), Managing Director, Seyyed Pirouz Mousavi, declared that the Iranian company is in negotiation with a Dutch firm to renovate and develop Iran’s oil terminals infrastruct...
Turkey to Tender 1GW PV Plant
The Turkish Minister of Energy and Natural Resources, Berat Albayrak, declared that Turkey is to hold a tender in December for a 1GW photo voltaic (PV) plant located near the city of Konya in central Turkey. The proje...
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 and resource efficiency projects in Turk...
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 d...
Algeria to Generate Renewable Power
Algeria’s state-owned utility in charge of electricity and natural gas distribution, Sonelgaz Group’s CEO, Mustapha Guitouni, said that the company is developing a nationwide program aimed at producing 4,0...
