NSPO | Egypt Oil & Gas

Egypt’s NSPO Acquires 20% Stake in TAQA ARABIA for EGP 1.6B

The National Service Projects Organization (NSPO) has acquired a 20% stake in TAQA Arabia, an equivalent of 27.5 million shares, at a price of EGP 1.6 billion (or $52.75 million).

SFE Widens Scope for Wataniya Buyers

The Sovereign Fund of Egypt (SFE) is expanding to franchisers as potential buyers for 80-90% of military-owned Wataniya Petroleum, CEO Ayman Soliman, stated.

SFE Offers Wataniya to Private Sector Investors

The Sovereign Fund of Egypt (SFE) has selected Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO), to be offered to private sector investors as a first stage in its privatization ...

Gastec Launches New Natural Gas Station in Qena

The Egyptian International Gas Technology (Gastec) began conducting an operational trial for the new natural gas supply station in Qena.

Car Gas Starts Trial Operations in Hurghada Natural Gas Station

Natural Gas Vehicles Company (Car Gas) began a trial operation to the first natural gas supply station in collaboration with the National Service Products Organization’s (NSPO) Watanya in Hurghada, Red Sea.

Enppi, NSPO to Establish Greenhouse Complex in Fayoum

Enppi and the National Service Products Organization (NSPO) signed a contract to establish a greenhouse complex in Lahoun, Fayoum.

Abdel Baset El Sayeh Appointed as RSNCRP Chairman

The founding assembly of the Red Sea National Company for Refining and Petrochemicals (RSNCRP) has selected Major General Eng. Abdel Baset El Sayeh as its new Chairman.

Petroleum Sector Signs Agreement to Push for Bi-Fuel Vehicles

The petroleum sector and the National Service Project Organization (NSPO) signed a cooperation agreement to  introduce more bi-fuel cars into the market.

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