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Tag: General Electric
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GE, EETC sign agreement for Benban Solar Park Monitoring Center

Posted: August 4, 2019 at 10:58 pm   /   Renewables

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: […]

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GE Dabaa Egypt

GE Power to supply four turbines for Egypt’s Dabaa nuclear plant

Posted: October 10, 2018 at 11:39 am   /   Electricity & Power

GE Says It Wins $700 Million Order for First Egypt Nuclear Plant. GE to supply four turbine units to planned El Dabaa reactor. Russia-built plant is part of Egypt push to diversify energy. General Electric Co. secured a $700 million contract to supply turbine and generator units for Egypt’s first nuclear power project, the company […]

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GE’s new Badr substation in Egypt connects 1.5 GW to the grid

Posted: November 4, 2017 at 7:55 pm   /   Electricity & Power

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 […]

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GE secures financial closure to build four substations connecting 7 GW to Egypt's national power grid

Posted: September 13, 2017 at 12:32 pm   /   Electricity & Power

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 […]

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Egypt “muscling in” on global natural gas production

Posted: September 11, 2017 at 1:21 pm   /   Oil & Gas

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, […]

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Baker Hughes awarded subsea contract by Petrobel for Phase 2 of Zohr Development

Posted: September 9, 2017 at 2:58 pm   /   Oil & Gas

Baker Hughes, a GE Company Awarded Subsea Contract by Petrobel for Phase 2 Development of Egypt’s ‘Super Giant’ Zohr Gas Field. • BHGE to provide engineering, fabrication and construction of subsea production system and support for installation, commissioning and start-up; • Building on existing local capabilities, BHGE will contribute to the development of Egypt’s domestic […]

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Baker Hughes interested in boosting its investment in Egypt

Posted: September 5, 2017 at 2:24 pm   /   Oil & Gas

General Electric’s subsidiary, Baker Hughes, is interested in increasing its investment in Egypt, participating in the petroleum sector’s development plan and offering training programs, Vice Chairman Ayman Khattab said Thursday. In a meeting with Minister of Petroleum Tarek al-Molla, attended by the company’s General Manager Sameh Hussein, Khattab said that Baker Hughes is planning to […]

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GE seals Baker Hughes buyout deal, becomes no. 2 oilfield service provider

Posted: July 4, 2017 at 1:55 pm   /   Oil & Gas

General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue. The new company, to be called “Baker Hughes, a GE company,” will begin trading on Wednesday on the New York Stock […]

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Five conglomerates bidding on $8 bn Hamrawein clean coal plant today

Posted: April 30, 2017 at 1:34 pm   /   Electricity & Power

Five conglomerates are expected to bid on the USD 8 billion Hamrawein clean coal power plant tender, which the Electricity Ministry will issue today following multiple delays, Al Mal reports. Expected bids will be from Shanghai Electric and Dongfang Electric Corporation, in addition to consortiums formed between Harbin and General Electric; Mitsubishi and Hitachi; and […]

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GE to localize its equipment manufacturing in Egypt

Posted: April 20, 2017 at 9:52 pm   /   Oil & Gas

The company is looking for another location to establish a new facility. General Electric (GE) Oil & Gas president and CEO for the Middle East, North Africa, and Turkey region (MENAT), Rami Qasem, stated that the company is committed to Egypt, adding that GE is willing to localize more of its manufacturing in the country. […]

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