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Tag: Gulf of Suez
Lekela West Bakr

Lekela’s West Bakr Wind Farm reaches 1 Million Man-Hours without Lost Time Incidents

Posted: March 1, 2021 at 6:16 pm   /   Renewables

West Bakr Wind, Lekela’s 250MW project in Egypt, celebrates a new milestone today, as it reaches 1 million hours of work with no Lost Time Incidents (LTIs), i.e., an incident that results in an employee missing work due to an injury. To commemorate this achievement, Lekela celebrated with its workers and subcontractors onsite with the […]

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ADES

ADES lands six-month jack-up rig deal in Egypt’s Gulf of Suez

Posted: January 27, 2021 at 12:21 pm   /   Oil & Gas

Oil and gas drilling rig contractor ADES has secured a new contract for the Admarine 5 jack-up drilling rig in the Gulf of Suez, Egypt. “The contract, secured with a top-tier client, covers a firm six-month period with the option to extend for an additional six months, further strengthening ADES’s position and revenue visibility in […]

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lekela

Lekela: 250MW West Bakr Wind Farm celebrates installation of first turbine

Posted: December 23, 2020 at 8:58 pm   /   Renewables

Lekela, the renewable power generation company that delivers utility-scale projects across Africa, today announced the successful installation of the first turbine at its 250MW West Bakr wind project in Egypt. The installation marks an important step for the project, which began construction in February. In total, 96 turbines will be installed by Siemens Gamesa, with […]

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Siemens Gamesa

Siemens Gamesa: Egypt – Wind brings clean energy, growth and hope

Posted: November 22, 2020 at 12:53 pm   /   Renewables

To understand sustainable development, you need to look no further than Siemens Gamesa’s recent wind energy projects at Ras Ghareb, Egypt. From supporting health and education at the Ras Ghareb wind energy project, to providing employment and protecting biodiversity at the West Bakr wind farm, these projects are not just about providing clean electricity. Soaring […]

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Cabinet-meeting-4-Nov-2020

Egypt’s Cabinet approves three E&P Agreements with Eni, BP, Enpedco

Posted: November 5, 2020 at 12:28 pm   /   Oil & Gas

Three bills that authorize the Oil Ministry to sign oil exploration contracts earned cabinet signoff. IEOC, Eni’s joint venture with the EGPC, and Russian firm Lukoil will explore and develop the Meleiha concession in the Western Desert, while a second contract between the EGPC and BP for the South Ghareb Offshore concession in the Gulf […]

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Wind Farm

Six companies bidding for Gebel El Zeit wind plant’s O&M contract

Posted: October 1, 2020 at 1:18 pm   /   Renewables

Six foreign and local companies are planning to bid for a five-year operation and maintenance contract for the New and Renewable Energy Authority’s (NREA) 220 MW wind plant in the Gabal El Zeit complex in the Gulf of Suez, the local press reports, quoting unnamed sources. The companies include Denmark’s Vestas, Siemens Gamesa, Voltalia, China […]

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Vestas

Egypt, Vestas sign agreement for 250 MW wind farm in Gulf of Suez

Posted: August 20, 2020 at 1:13 pm   /   Renewables

Egypt, Vestas-led intl group agree to build 250-MW wind farm Egypt’s New and Renewable Energy Authority (NREA) and an Italian-French-Chilean alliance led by Danish turbine maker Vestas Wind Systems A/S have signed an agreement to realise a 250-MW wind project in the Gulf of Suez. Involving an investment of around EUR 228 million (USD 270.2m), […]

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Egypt-NW-Gemsa-SDX

Gulf Energy pays $1.4 million to North Petroleum for operations at NW Gemsa

Posted: August 16, 2020 at 11:45 am   /   Oil & Gas

Gulf Energy has paid off USD 1.4 million in arrears SDX Energy owed to China’s North Petroleum for production at the North West Gemsa concession, which SDX and North Petroleum were operating together, Al Mal reports, citing an unnamed industry source. SDX sold its 50% working interest in the concession to Gulf Energy last month […]

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Orascom-Construction-Ras Ghareb

EBRD to provide $50m long-term loan for Egypt’s Ras Ghareb wind plant

Posted: August 9, 2020 at 1:35 pm   /   Renewables

EBRD to provide long-term loan to Egypt for large wind plant in Gulf of Suez: The EBRD has approved a USD 50 mn long-term loan to help finance a USD 560 mn, 500 MW wind power plant in the Gulf of Suez. The plant, which will be located approximately 40 km northwest of Ras Ghareb, […]

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Cheiron-gulf-assets

Cheiron sees first oil from Geisum appraisal well in Egypt’s Gulf of Suez

Posted: June 19, 2020 at 2:09 pm   /   Oil & Gas

PICO GoS Limited, a Cheiron Group company, has achieved the first oil production from its appraisal well GNN-4 in the Geisum Concession in Egypt’s Gulf of Suez. The Geisum Concession is located offshore Egypt in the Southern Gulf of Suez in shallow waters with a depth ranging from 30 to 200 feet, covering an area […]

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