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Russian companies to invest USD 1.5 bn in Egypt this year
INVESTMENT WATCH- Russian companies plan to invest USD 1.5 bn in Egypt this year: Unnamed Russian companies are planning to…
Larsen & Toubro subsidiary contracted for 220 kV substation in Egypt
Egypt has awarded Power Transmission & Distribution, a subsidiary of Indian energy company Larsen & Toubro, a contract to construction…
Cheiron, Pharos, Cairn move to second round of bidding for Shell Egypt onshore assets
Cheiron consortium moves to second round of bidding for Shell Egypt onshore assets: A consortium of Cheiron, Pharos Energy and…
Gov’t cuts Egypt’s fuel prices EGP 0.25 across the board
The government’s fuel pricing committee has cut the price of all fuel grades by EGP 0.25 per liter and has…
Elsewedy-led consortium awarded tender for Abu Tartour-Qena railway line
A consortium of Elsewedy Electric and Italy’s Saipem and Salce have been awarded a tender issued by El Wady for…
Aswan’s Kom Ombo solar plant starts testing operations
The New and Renewable Energy Authority (NREA) has started trial operations at the EGP 350 mn 26 MW solar power…
SDX Energy makes new gas discovery at Egypt’s South Disouq
SDX Energy has discovered 24 bcf of natural gas at the Sobhi well in its South Disouq concession, the energy…
Dana Gas confirms its review of potential Egypt asset sale is behind schedule
M&A WATCH- Dana Gas confirms its review of potential Egypt asset sale is behind schedule: Dana Gas is still moving…
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