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Infrastructure 
El Molla meets IOC heads, energy ministers to discuss increasing investments
Oil Minister Tarek El Molla met yesterday with Saudi Arabia’s Energy Minister Khalid Al-Falih to discuss cooperation prospects between Saudi…
Energy
Infinity Solar to build EUR 350 mn, 300 MW wind power plants in Gulf of Suez
Infinity Solar is planning to build EUR 350 mn-worth of wind power plants with a combined capacity of 300 MW…
CORRECTION
CORRECTION- The EGPC owes UK’s Rockhoppers Exploration arrears of USD 1.9 mn, not USD 1.9 bn as we reported yesterday,…
Jordan wants to increase natural gas imports from Egypt
Jordan wants to import more natural gas from Egypt — enough to eventually cover as much as a third of…
Rockhoppers begins Jahraa 6 oil production in Egypt’s Abu Sennan concession
UK’s Rockhopper Exploration began production from its Jahraa 6 oil well in the Western Desert’s Abu Sennan concession, bringing the…
Egypt-Saudi interconnection operational by 2020, not next 2022
“The USD 1.6 bn Egypt-Saudi power grid will be operational in 2020,” head of the studies and design sector at…
Egypt targeting USD 11.2 bn in foreign investments by 2022
Egypt sees foreign direct investment at USD 11.2 bn in 2022, with inflows into renewable energy opportunities contributing c. 12%…
BP to invest USD 1.8 bn in Egypt next year
INVESTMENT WATCH- BP repeats nearly USD 2 bn investment pledge as Egypt budget rises: BP will invest USD 1.8 bn…
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