General Electric awarded EGP 825 mn contract for Delta control center
General Electric has been awarded the contract to establish a regional energy control center in Dakahlia by the Egyptian Electricity Transmission Company, Al Mal reports. The American conglomerate undercut a EGP 862 million offer by ABB and ElSewedy Electric with a EGP 825 million bid. The project will be financed through a EUR 50 millon […]
Ibrashi inspects 6 October transformer station, notes GE and Madkour efforts
The Head of the Cairo Electricity District inspects the 6th of October city transformer station; Al-Ibrashi expresses his appreciation for the professional efforts of GE and Madkour. Within the framework of the directives of Eng. Sabah Mashaly, Chairman of the Board of Directors of the Egyptian Electricity Transmission Company and the follow-up of Eng. Gamal […]
Egypt to contract Schneider, GE for electricity control centers worth EGP 8 bn
The Electricity Ministry is planning to sign in August some 15 contracts worth over EGP 8 bn on a turnkey basis to set up localized and regional energy control centers, Al Mal reports, quoting ministry officials. France-based Schneider Electric will reportedly be awarded 14 of the 15 contracts to build centers in Greater Cairo, Minya, […]
GE, EETC sign agreement for Benban Solar Park Monitoring Center
The Egyptian Electricity Transmission Company (EETC) and General Electric (GE) have signed an agreement to establish an EGP 89 million monitoring center for the Benban solar park, Al Mal reported. The agreement comes as part of the government’s strategy to develop the energy sector. Construction of the project is expected to take eight months. (Source: […]
This is age of renewables in Egypt, regional industry bosses say
As private investment in renewable energy grows globally, Egypt is uniquely positioned as one of the brightest markets (pun only partially intended). That’s the impression given by regional market leaders in a joint interview with Bloomberg Businessweek. On the state of the market: Economic expansion driven by the government’s reforms has provided the impetus for […]
Baker Hughes GE signs EGP 1 billion contract with Egypt’s Petrojet
US-based Baker Hughes, a GE subsidiary, has signed an EGP 1 billion contract with the Petroleum Projects and Technical Consultations Co (Petrojet) to expand the current joint industrial capabilities in the field of oil and gas. The contract allows Petrojet to provide further industrial services for the oil and gas exploration in the North African […]
Baker Hughes signs deal for online portal marketing Egypt’s upstream opportunities
The Egyptian Petroleum Ministry on Tuesday signed an agreement with Baker Hughes, a GE company, to establish an online portal to promote Egypt’s oil and gas exploration zones in a bid to attract foreign investments, Al-Ahram Arabic website reported. As part of the Egypt Portal project, a digital investment map for concession areas in Egypt […]
GE’s new Badr substation in Egypt connects 1.5 GW to the grid
The Badr substation will play a strategic role in the future Egypt-Saudi Arabia Interconnection Project. The Badr substation will connect the upcoming Egypt – Saudi Arabia Interconnection Project, helping to deliver electricity to over 1 million homes. The new substation will secure power supply with minimum loss of transferred power. GE will also provide local […]
GE secures financial closure to build four substations connecting 7 GW to Egypt's national power grid
The four substations will connect 6.5 million homes to the national grid. General Electric announced that it has reached financial closure for the contract worth approximately $250m signed with the Egyptian Electricity Transmission Company (EETC), according to press statement on Monday. The statement said that the project is financed by Deutsche Bank AG and HSBC […]
Egypt “muscling in” on global natural gas production
Baker Hughes, a GE company, announced September 9, 2017 a major subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast. BHGE will provide project management, engineering procurement, fabrication, construction, testing and transportation of a subsea production system, and will support the installation, […]
