Saudi Arabia | Egypt Oil & Gas - Part 62
Iran’s Oil Export Doubles to 3.8mb/d
Iranian Ministry of Petroleum announced that the country's crude oil exports have doubled crossing the level of 3.8mb/d with over 2m barrels being exported to foreign destinations, since Iranian President, Hassan Rou ...
EETC to Tender Egyptian-Saudi Electricity Project
The Egyptian-Saudi electricity linkage project lines and cables are set to be tendered towards the end of June by the Egyptian Electricity Transmission Company (EETC) and the Saudi Electricity Company.
Aramco, GE to Install Kingdom’s First Wind Turbine
Saudi Aramco is partnering with General Electric (GE) to install the kingdom’s first wind turbine at the Turaif Bulk Plant.
Saudi Arabia Seeks Investors for Solar Plants
Saudi Electricity Co. (SEC) is seeking bids from international developers to build two solar-power plants in Al-Jouf and Rafha in the north of the country.
Riyadh Approves National Transformation Plan
Saudi Arabia’s National Transformation Plan (NTP), which outlines the key elements to shift the kingdom’s economy away from its dependence on oil, was approved by the Saudi cabinet.
Cairo, Riyadh to Finalize Electricity Linkage Project
The Egyptian-Saudi electricity linkage project is due to be finalized within a few months for the two countries to share electric power of up to 3,000 MW during the off-peak periods.
Petromin to Invest $28m in Fuel Stations in Egypt
Saudi Arabia’s leading lubricants and automotive services company, Petromin Corporation, stated that it is planning on investing $28m in the Egyptian market, to expand its network of fuel stations and service centers ...
Egypt’s Foreign Reserves Rose to $17.52b
Egypt's net foreign reserves rose to $17.52b at the end of May, up from $17.011b in April, the Central Bank of Egypt (CBE) announced.
