3:33 pm Borouge sets up petrochemicals marketing company in Egypt
3:29 pm Dragon Oil completes acquisition of BP’s Gulf of Suez assets (GUPCO)
3:21 pm China’s Gezhouba signs $287.5 mn contract to build solar plants in Egypt
1:26 pm Pharos Energy announces trading and Egypt operations update
1:16 pm ADES secures contract renewal for Admarine 262 jack-up rig in KSA
1:10 pm Shell submits proposal to sell natural gas to the Egyptian local market
Egypt to invest EGP 75 billion in 2020 to improve electricity grids
Minister of Electricity and Renewable Energy Mohamed Shaker said on Monday Egypt will implement a plan with investments exceeding EGP 75 billion to improve electric grids nationwide in 2020. In statements to Nile TV channel […]
Med-TSO, MEDREG partner for training on Regulating Electricity Infrastructure Investment
Regulating Electricity Infrastructure Investment – Med-TSO and MEDREG together for a three-day training in Rome. In light of their common interest in strengthening the harmonization of regulatory frameworks and in speeding up operative integration of […]
Med-TSO’s Technical Committees for Planning and Exchange met in Rome
On November 27th and 28th, the Technical Committees of Planning and International Electricity Exchange met in Rome to implement Med-TSO’s ongoing Mediterranean Project 2, with the objective to promote the progressive integration and interconnection of […]
Actis, Engie, Datang are all in running for stake in Egypt’s Siemens plants
More details on potential investors in Egypt’s Siemens combined-cycle power plants: Actis, France’s Engie, and China Datang Overseas Investment are all competing alongside Blackstone’s Zarou to acquire a stake in the Siemens / Orascom Construction […]
Zarou is reportedly leading the race for a stake in Siemens power plants
Zarou is the top contender for stake in Siemens power plants: Blackstone Group’s Zarou is reportedly the frontrunner out of six investors looking to acquire a stake in the Siemens / Orascom Construction / Elsewedy […]
Egypt’s sovereign wealth fund looks to acquire 30% stake in Siemens plants
Egypt’s new sovereign wealth fund could take a 30% stake in Siemens-OC-Elsewedy power plants and place the rest with international investors. Sovereign wealth fund is looking to acquire a 30% stake in the Siemens / […]
Med-TSO holds 18th General Assembly, Egypt joins discussions
On 6-7 November 2019, Med-TSO, the Association of Mediterranean Transmission System Operators (TSO) for electricity, held its 18th General Assembly in Istanbul, welcoming 22 representatives from 13 TSOs in 12 countries. For the first time […]
Revolta to set up Egypt’s first EV manufacturing, maintenance facility
Revolta ties up with Ukrainian firm Eco Factory for Egypt’s new green project. Revolta Egypt, a developer of electric vehicle (EV) charging stations and related projects, is planning to launch the first EV manufacturing factory […]
Siemens awarded series of five-year grid studies on energy transmission network
Egypt signs contract with Siemens to develop national electricity grid Siemens AG will conduct a series of five-year studies on Egypt’s electricity distribution grid to “identify the feasibility of deploying different advanced energy technologies,” the […]
Siemens Egypt Megaproject named 2019’s Plant of the Year by POWER Magazine
Egypt Megaproject: An Expedited Power Transformation. Winning POWER’s highest honor is a set of three gas-fired power plants and related infrastructure—the Egypt Megaproject—which was the single biggest order ever in Siemens’ long history. Completed in […]
