power | Egypt Oil & Gas - Part 3
Bahrain Launches $738m Power Grid Project
Bahrain’s Prime Minister launched a $738m power grid development project, aimed to upgrade the energy infrastructure with a new high-voltage power transmission network.
China’s Wind Power Generation Expected to Triple by 2030
The wind power installed capacity in China will increase from approximately 149GW in 2015 to over 495GW by 2030, representing a Compound Annual Growth Rate (CAGR) of 9%, according to research and consulting firm Glob ...
Namibia: Nampower to Sign Power Supply Agreement With Eskom
The Namibia power utility Nampower is finalising a bilateral agreement with the South African Eskom for 200MW power supply, according to the company.
Nigeria’s NNPC loses $121.63m due to Vandalism
The Nigerian National Petroleum Corporation (NNPC) said it recorded around $121.63m loss in February, when gas supply decline of 70mscf/d to power plants due to vandalism of the Forcados export line.
Nigeria’s Forte Oil Seeks to Raise $502m for Expansion
Nigeria's Forte Oil said it plans to raise up to $502m to expand its operations in the country and will seek shareholders' approval at its annual General Meeting in April.
Egypt, Russia Sign Nuclear Contract This Month
Egypt and Russia are planned to sign this month the main contracts for setting up Egypt's first nuclear plant in Dabaa, Russian Ambassador in Cairo, Serge Kirpichenko announced.
Nigeria Presents Plan to Renew its Power Sector
Nigeria has presented a new, comprehensive 13-point plan to renew power sector in the country, according to Nigerian Minister of Power, Works and Housing, Babatunde Fashola. Tanzania Plans to Sell 49% of Power Utility Tanesco
Tanzania's government plans to sell 49% of shares in the state-owned power utility company, Tanzania Electric Supply Company (Tanesco), to the public this year, while retaining a controlling stake.
