power plants | Egypt Oil & Gas - Part 3
Mitsui Consortium Awarded $2.3b Omani Power Plant Project
Japan's Mitsui & Co announced that its consortium had been awarded a $2.3b power plant project in Oman, to build 3.15GW gas-fired combined cycle power generation units for Ibri and Sohar-3 projects.
Iran’s 2016-2021 Plan Targets Renewables, Energy Efficiency
Iran has set up an aggressive growth plan to boost green energies as part of the country's larger commitment to sustainability and economic diversification in the framework of its five year economic development plan ...
Egyptian Banks to Co-Finance Siemens Power Plants
The Egyptian Electricity Holding Company has signed a loan contract with a consortium of 10 Egyptian banks worth EGP10b ($1.2b) to partially finance three new power plants to be built by German firm Siemens.
EGAS: Valiant Efforts to Resolve Industry’s Gas Crisis
EGAS is intensifying efforts to import natural gas and accelerate coordination with foreign companies for the implementation of gas development projects, all to solve the gas shortage afflicting the industrial sector ...
IEA: Half of Power Plants Built in 2014 to be Fueled by Renewables
The International Energy Agency (IEA) released its annual “World Energy Outlook” report. Among the most interesting statistics was that almost half of new power plants built worldwide in 2014 were built to utilize re ...
Diesel and Fuel Oil Pumped to Power Plants to Be Redirected
A source at the petroleum ministry revealed to Egypt Oil & Gas that the quantities of diesel and fuel oil pumped to power plants will be redirected to build up the strategic reserves.
European Company to Invest $6b in Iranian Gas and Wind Power
The Iranian government has signed an agreement worth $6b with an unnamed European company to invest in Iran's power sector.
Oil Ministry in Negotiations with IOCs for LNG
A source at EGPC revealed to Egypt Oil & Gas that negotiations with a number of foreign oil companies are underway to buy their share of liquefied natural gas (LNG) to meet the needs of power plants and factories suf ...
