Orascom | Egypt Oil & Gas - Part 2
Egypt Paid $2.35b to Siemens
The Egyptian Ministry of Electricity paid $2.35b to Germany's Siemens for construction work in addition to providing turbines and equipment for Burullus power plant, Beni Suef Power Plant, and New Capital Power Plant.
Egypt Nullified 6 MoUs for Coal-Fired Power
A source from the Egyptian Ministry of Electricity and Renewable Energy stated that the ministry might consider nullifying memorandums of understanding (MoU) for 6 coal-fired electricity plants. He added that the mi ...
BESIX Orascom to Build $350m FSRU Pier in Ain Sukhna
Arab Petroleum Pipelines Company (SUMED) signed a contract with the Egyptian and Belgian consortium of BESIX-ORASCOM for the construction of a $350m pier and accompanying marine facilities in Ain Sukhna, in eastern E ...
Electricity Ministry Finalizes Suez Wind Power Project
Egypt's Ministry of Electricity has finalized the contract that legally binds GDF Suez, Toyota, and Orascom together to start inaugurating a wind power plant project in the Gulf of Suez area.
Orascom Plans $100m Solar Plant
Orascom Telecom Media and Technology Holding (OTMT) plans to establish a $100m solar energy plant that will bolster Egypt’s energy production by adding a capacity factor of 50MW.
REC, Egypt’s Orascom Sign Solar Project Agreement
PV module manufacturer REC and a subsidiary of local telecoms company Orascom Telecom Media and Technology Holding (OTMT) have signed an agreement to work together on solar projects in Egypt.
Orascom Secures $20m Contract for West Nile Delta Gas Project
National Steel Fabrication, a subsidiary of Orascom Construction (OC), has signed a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project.
