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Egypt mulling renewing USD 23 bn Aramco agreement
Gov’t mulling renewal of USD 23 bn Aramco agreement: The government is studying whether to renew its five-year agreement to…
Siemens Gamesa settles on Elsewedy-Marubeni consortium for first phase of wind power project
Siemens Gamesa has selected a consortium of Elsewedy and Marubeni to launch the first phase of 180 MW wind power…
United Energy Group acquires Egypt operating Kuwait Energy for USD 651 mn
M&A WATCH- United Energy Group acquires Kuwait Energy for USD 651 mn: Hong Kong-listed energy firm United Energy Group has…
MIDOR looks to expand paid-in capital by USD 800 mn
The Middle East Oil Refinery (MIDOR) aims to increase its paid-in capital by USD 800 mn to finance expansion plans,…
GASC purchases 114k tonnes of rice, cancels sugar tender
State grain purchaser GASC has acquired 114k tonnes of chinese rice at a price of USD 405 per tonne, reports…
Eni to complete seventh Zohr gas processing station in July
Eni will complete the Zohr field’s seventh natural gas treatment plant in Port Said’s El Gameel region in July to…
Egypt to work with Saudi Arabia on oil and gas exploration in the Red Sea
Egypt to work with Saudi on oil and gas exploration in Red Sea: The Oil Ministry is planning to cooperate…
Shell appoints Khaled Kassem as new chief for its Egyptian operations
MOVES- Energy giant Royal Dutch Shell has appointed Khaled Kassem as chairman and managing director of its Egyptian business. Kassem…
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