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 signs $352 million deal with Siemens to manage 3 power stations
Egypt on Thursday signed a $352 million contract with Siemens AG and Siemens Technologie to manage three gigantic new power plants built to plug a gap in Egypt’s electricity needs, state news agency MENA reported. […]
Egypt, China sign deals for Hamrawein Plant, Oil Refinery, Hydroelectric Plant
Egypt, China sign cooperation agreements worth billions: President Abdel Fattah El Sisi and Chinese Premier Xi Jinping witnessed the signing yesterday of cooperation agreements ahead of the China-Africa Cooperation Forum in Beijing, according to an […]
President Sisi inaugurates three Siemens power plants
President Abdel Fatah al-Sisi arrived Tuesday in the New Administrative Capital to inaugurate four national megaprojects in the electricity sector. The projects include three giant power plants carried out by the German company, Siemens, in […]
Chinese consortium wins contract for Hamrawein coal-fired plant
The Chinese alliance offered the lowest price of $4.4 billion to execute the project. State-run Egyptian Electricity Holding Company announced that a consortium of China’s Shanghai Electric and Dongfang Electric Cooperation, and Egypt’s Hassan Allam […]
Egypt hikes fuel, electricity prices in IMF-backed austerity drive
Egypt has raised gasoline prices by up to 50 percent, the oil ministry said on Saturday, under an IMF reform plan calling for austerity measures that have made life tougher for ordinary Egyptians. Oil Minister […]
Egypt’s transition to regional energy trade hub begins this year
Country to implement electricity interconnection between three continents. The Egyptian government has set a national goal to become a pivotal centre for energy trading. A supreme committee was established to manage this file under the […]
Mitsubishi Hitachi wins Cairo power plant renewal contract
Mitsubishi Hitachi Power Systems (MHPS) has signed a contract with Cairo Electricity Production Company (CEPC) for the renewal of the Cairo West natural gas and heavy fuel oil-fired thermal power plant. As per the deal, […]
ABB committed to Egypt’s energy and industrial future
ABB CEO Dr. Ulrich Spiesshofer, who was received in Cairo by H.E. Abdel Fattah al-Sisi, President of the Arab Republic of Egypt, expressed ABB’s support for the President’s vision of Egypt. Egyptian President H.E. Abdel […]
Egypt’s regional energy hub goal approaches with EU MoU
Egypt’s Prime Minister Sherif Ismail witnessed on Monday the signature of a Memorandum of Understanding (MoU) for strategic partnership on energy between Egypt and the EU. This MoU was signed by Minister of Electricity, Mohamed […]
President Sisi: Egypt to become regional energy hub
President Abdel Fatah al-Sisi stressed Wednesday that Egypt has adopted a comprehensive and ambitious strategy to develop the electricity system in full, Presidential spokesperson Bassam Radi announced. Developing Egypt’s electricity system qualifies it to become […]
