Power Generation | Egypt Oil & Gas

NREA to Launch Solar Power Project in Hurghada

The National Renewable Energy Authority (NREA) will announce next month a tender to establish a 20-megawatt (MW) solar power plant in Hurghada.

GE to Build Monitoring Center in Egypt’s Benban Solar Park

The Egyptian Electricity Transmission Corporation (EETC) and GE Grid Solution, a General Electric (GE) company, signed a contract to establish a monitoring center in the Benban Solar Park in Aswan.

Mubadala, Uzbekistan Ink Strategic Energy Deals

Abu Dhabi’s Mubadala Investment Company inked strategic agreements with the Republic of Uzbekistan to discuss potential opportunities in power generation, oil and gas and renewables.

ACWA Power to Invest $658 M in South Africa

Saudi Arabian company ACWA Power plans to invest $658 million in South Africa, it announced on October 26.

Siemens, Iraq Sign Agreement for Electricity Reconstruction

The Iraqi Ministry of Electricity has signed a reconstruction agreement with Siemens to boost the country’s economic development including adding 11 gigawatts of power generation within the next four years.

Oman’s Musandam Expects 2018 IPO Date

Musandam Power Company, a majority-owned subsidiary of the Oman Oil Company, plans to launch its initial public offering (IPO) before 2019.

GE to Increase Investments in Egypt

General Electrical plans to localize more of its manufacturing in Egypt and looks for another location to build a new facility, on top of the 5,000 square meters facility that is currently under construction.

Nigeria: NNPC to Invest in Power Generation

Nigeria's state oil company announced its plan to head towards power generation and transmission this week, in line with its strategy to resolve Nigeria’s long-standing power problems.

Nigeria’s Gas Producers Threaten Force Majeure

Nigeria's gas producers threatened to declare force majeure over the inability of Generation Companies (Gencos) to settle outstanding arrears of over $630m for supplying gas to its power plants.

Siemens Adds 4.8GW to Egypt’s Power Capacity

Siemens has connected 4.8GW of power generation capacity to Egyptian national electricity grid.

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