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Tag: Engie

Egypt signs contract for $400 mn Gulf of Suez wind farm

Posted: March 7, 2018 at 1:10 pm   /   Renewables

The project is expected to produce 250 MW of energy. The state-owned Egyptian Electricity Transmission Company on Tuesday signed an agreement with a Toyota-Engie-Orascom alliance to establish and develop a wind farm in the Gulf of Suez. The prime minister Sherif Ismail, the minister of electricity Mohammed Shaker, the minister of investment and international cooperation […]

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Egypt to import 3 LNG cargoes from Engie for Q2 2018

Posted: February 18, 2018 at 5:34 pm   /   Oil & Gas

Egyptian Natural Gas Holding Company (EGAS) has arranged for the delivery of three liquefied natural gas (LNG) cargoes from France’s Engie in the second quarter of 2018, EGAS sources said on Sunday. Trade sources told Reuters last month that Egypt was looking to import five cargoes of LNG at competitive pricing. Two trade sources said […]

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New DEA CEO: “Adapt and adjust”

Posted: January 7, 2018 at 2:00 pm   /   Oil & Gas

Maria Moraeus Hanssen announces a time for change on her first day as CEO and Chairman of the Board of Management of DEA Deutsche Erdoel AG. “I am starting at DEA in a very interesting time for the company and for the business as a whole. My main task going forward will be to make […]

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New CEO takes over at DEA amid Wintershall merger talks

Posted: January 7, 2018 at 1:55 pm   /   Oil & Gas

Maria Moræus Hanssen has started as the new chief executive officer of DEA Deutsche Erdoel AG, an oil and gas company based in Germany and owned by LetterOne. Following her appointment in September 2017, Maria Moræus Hanssen on Thursday, January 4 succeeded Thomas Rappuhn who spent eight years as DEA CEO. On her first day […]

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Siemens Gamesa lands 262 MW supply of wind turbines for Ras Ghareb farm

Posted: January 4, 2018 at 3:54 pm   /   Renewables

Siemens Gamesa nabs 262-MW order in Egypt Wind turbine manufacturer Siemens Gamesa Renewable Energy SA today announced a 262-MW order for the Gulf of Suez wind farm in Egypt. The order, signed in the final quarter of 2017, was secured from a consortium made up of French utility Engie, Japanese power companies Toyota Tsusho Corp […]

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Apache executive joins Neptune Energy as CEO

Posted: January 3, 2018 at 5:40 pm   /   Oil & Gas

Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt, Mid-Continent US, Gulf Coast, Gulf of Mexico and […]

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Total acquires Engie’s 5% stake in Idku LNG train as part of larger deal

Posted: November 9, 2017 at 4:31 pm   /   Oil & Gas

Total has acquired Engie’s 5% stake in the first train of the Idku LNG project in Egypt as part of a larger transaction worth up to USD 2 billion that also includes other assets in the United States, Africa and Europe, the company said in a statement overnight. The transaction, which should close by the […]

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Engie-Orascom-Toyota win contract for 250 MW wind farm in Ras Gharib

Posted: November 1, 2017 at 12:52 pm   /   Renewables

ENGIE wins renewable energy project in Egypt and will develop a 250 MW wind power park. ENGIE has signed a contract to build, own and operate (BOO) a 250 MW wind farm together with its consortium partners Toyota Tsusho Corporation/Eurus Energy Holdings Corporation (40%) and Orascom Construction Limited (20%).  The wind farm will be located […]

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DEA appoints Maria Moraeus Hanssen as its new CEO

Posted: September 5, 2017 at 2:44 pm   /   Oil & Gas

DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Maria Moraeus Hanssen succeed Thomas Rappuhn, who is handing over after 30 […]

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El Molla discusses with CEO of Engie Global LNG investment opportunities in Egypt

Posted: August 27, 2017 at 12:45 pm   /   Oil & Gas

Oil Minister Tarek El Molla sat down with Philip Olivier, CEO of Engie Global LNG to discuss both the company’s current operations in importing LNG, and to urge it to expand its investments in Egypt, according to a ministry statement picked up by Al Masry Al Youm. Petroleum Minister Tarek El Molla discussed on Friday […]

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