Siemens | Egypt Oil & Gas - Part 9

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.

Nigeria to Set Up $150m Solar Power Project in Plateau State

Nigerian Panyam community, in Mangu Local Government Area of Plateau State, is to benefit from a $150m solar plant power project expected to take off before the end of this year.

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.

Siemens in $1.1b Energy Commitment to Bolivia

German industrial group Siemens has signed a long-term memorandum of understanding (MoU) with Bolivia worth over $1.1b.

Electricity Minister: National Grid to Receive 14,400MW Boost

In an interview with the Ministry of Electricity and Renewable Energy, Mohamed Shaker, the Daily News Egypt has learned that 14,400MW will be added to the national grid within two years.

Third FRSU Ship to Reach Egypt September 2016

In an interview with Daily News Egypt, Engineer Sherif Ismail, Egyptian Minister of Petroleum announced that the third gasification ship is expected to reach the Safaga Port in September 2016, to meet the needs of po ...

Siemens $1.75b Maintenance Contract Approved

Amwal Al-Ghad reported on Wednesday the Egyptian Cabinet ratified a $1.75b maintenance contract with Germany’s Siemens.

Update-2 Siemens in Need of $917m Loan to Implement 3 Power Plants in Egypt

German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the Egyptian market, a senior source told Amwal Al Ghad Monday.

Update-1 El Sewedy wins Part of Siemens’ $9bn Power plant

Egyptian cable company El Sewedy Electric announced it had won a 785m euro portion of a 2 billion euro ($2.27 billion) deal to build a combined cycle power plant in Beni Suef, south of Cairo, in a consortium with Ger ...

Siemens to Install 12 Wind Farms in Egypt at an Investment of $9bn

German industrial company Siemens signed an 8 billion euro deal ($9 billion) with Egypt on Wednesday to supply gas and wind power plants to boost the North African country's electricity generation by 50 percent.

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