Siemens | Egypt Oil & Gas - Part 9
Bahrain Launches $738m Power Grid Project
Bahrain’s Prime Minister, Prince Khalifa bin Salman Al Khalifa, recently 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, All Africa reported. When completed, i...
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, reports A...
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, reported Reuters. Under the terms of the agreement, Siemens will supply gas turbine combined cycl...
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, in collaboration with German e...
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 pow... 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. Siemens had signed the contract with the Egyptian Electric Holding Company for three power plants...
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. The fund will be dedicated to implement thre...
