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Tag: Germany
ib vogt Benban

German ib vogt completes three PV solar plants at Benban complex

Posted: August 5, 2019 at 2:15 pm   /   Renewables

Ib Vogt begins commercial operation of three solar plants at Benban German solar project development company Ib Vogt has begun commercial operation of three solar power plants with a combined capacity of 166.5 MW at the Benban solar complex near Aswan, the company announced in a statement. The plants were awarded under the second round […]

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Wintershall Dea

Wintershall Dea plans to invest $800 million in Egypt during 2019, 2020

Posted: July 22, 2019 at 7:00 pm   /   Oil & Gas

Germany’s Wintershall Dea aims to invest $800 million in Egypt until 2020, the North African nation’s minister of petroleum and mineral resources Tarek El-Molla said. This move reflects the most populous Arab nation’s improved investment climate on the back of economic reforms, El-Molla added in in a statement on Monday. Moreover, Egypt’s arrears to foreign […]

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President Sisi: Egypt seeks to become regional energy hub to Europe

Posted: June 13, 2017 at 5:07 pm   /   Oil & Gas

Egypt’s President Abdel Fattah al-Sisi said Monday that Egypt seeks to become a regional and global hub for energy generation, transmission, and distribution to Europe and Germany in particular. Egypt will start exporting natural gas in 2020, given the recent major gas finds in the Mediterranean Sea and North Delta, Sisi added during the German-Egyptian […]

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Evonik Implements Leadership Change

Posted: May 24, 2017 at 1:01 pm   /   Oil & Gas

• Chief Executive Officer Klaus Engel hands over to Christian Kullmann. • Shareholders at annual meeting approve dividend payment of €1.15 per share. • Investors endorse executive and supervisory board. Essen. Klaus Engel, long-standing chief executive officer of Evonik, handed over to Christian Kullmann at the end of the annual shareholders’ meeting. In Essen’s Grugahalle […]

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