8:31 pm Energean might reduce its budget for Egypt by $140 million
1:57 pm Chevron cuts 2020 capital spending by $4 bn in response to COVID-19 outbreak
1:51 pm Eni to cut capex by 25% this year to temper the impact of coronavirus
3:39 pm Total to slash over $2.5 billion from its E&P business as oil crisis bites
3:36 pm GHP Exploration farming out 50% of its share in West Gebel El Zeit Concession
2:27 pm Shell slashes capital expenditure, reduces operating costs
ACWA signs MoU to develop Egypt’s sustainable water desalination sector
ACWA Power signs an MoU with the Ministry of Housing and Egyptian Electricity Holding to develop Egypt’s sustainable water desalination sector.Desalination plants to be powered using renewable energy sources, including solar and wind. In the […]
Lekela starts construction of 250 MW West Bakr wind farm in Ras Ghareb, Egypt
Work has now started on the West Bakr wind project site in Ras Ghareb, Egypt. The 250 MW project is being developed by Lekela, an Independent Power Producer (IPP). Construction of the West Bakr wind […]
12 companies bidding for Egypt’s 200 MW West Nile Delta solar plant
As many as 12 local and foreign companies are bidding in a tender launched by the Egyptian Electricity Transmission Company (EETC) to build a 200 MW solar plant in the West Nile Delta, the local […]
Vestas awarded tender for Egypt’s Ras Ghareb 250 MW wind plant
The New and Renewable Energy Authority (NREA) has awarded the tender to build Lekela Egypt’s EUR 260 mn, 250 MW wind plant in Ras Ghareb to Danish firm Vestas, sources in the Electricity Ministry told […]
Two companies to conduct studies for 200 MW West Nile solar project
The project carried by an alliance of two companies has just been chosen to carry out the technical and financial studies relating to the implementation of a photovoltaic solar power plant in the West Nile. […]
German Belectric wins contract for 50 MW solar plant in Zaafarana
The German company Belectric has been selected by the Egyptian authorities to develop the Zafarana solar photovoltaic project. It will supply 50 MWp to the national grid in Egypt. Several companies had been shortlisted for […]
Mubadala-backed Alcazar Energy considers sale of Egypt, Jordan assets
Potential sale is precursor to firm raising another fund. Governments seek to increase renewable-energy sources. Alcazar Energy Ltd., backed by Abu Dhabi’s Mubadala Investment, is preparing the sale of some of their solar and wind assets […]
China’s Gezhouba signs $287.5 mn contract to build solar plants in Egypt
Chinese state-owned construction and engineering company China Gezhouba has secured a USD 287.5 mn contract to build an undisclosed number of solar plants across Egypt with a combined capacity of 500 MW, according to Renewables […]
Sustainable energy plan can put Egypt among Top Ten Economies – Forbes
SAP BrandVoice – A Sustainable Energy Plan Will Help Put Egypt Among The Top Ten Global Economies. The oil industry is not dying, but it must change. For Tarek El-Molla, Egypt’s Minister of Petroleum & […]
Arab, foreign companies look to acquire plants in Benban solar park in Egypt
A number of Arab and foreign companies are in “extensive” negotiations to acquire solar plants in the recently inaugurated Benban solar power park, unnamed sources tell the local press. According to the sources, an unnamed […]
