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Echo Energy sells 25% stake in East Ghazalat to partner Nostra Terra
Echo Energy is selling its 25% stake in the East Ghazalat concession to its partner Nostra Terra Oil & Gas…
Energy
MIDOR seeks USD 1.2 bn facility to fund expansion plans
Middle East Oil Refinery (MIDOR) renewed its request for a USD 1.2 bn loan from a banking consortium including Italian…
AfDB plans to allocate USD 40 mn to Shapoorji FiT projects
The African Development Bank (AfDB) is looking to allocate another c.USD 40 mn in funding to two solar feed-in tariff…
Production from West Nile Delta development phase two expected ahead of schedule
The Petroleum Ministry is committed to start production from phase two of BP’s West Nile Delta (WND) concession ahead of…
Egypt to reduce imports of LNG by 30% starting from September -source
Egypt will reduce its monthly imports of LNG by 30% starting from September, Reuters’ Arabic service reports, citing an EGAS…
Power plants run 100% on natural gas -sources
The Oil Ministry informed the Electricity Ministry it will commit to supplying power plants with natural gas instead of heavy…
Elf looks to expand into waste-to-energy projects once FiT is set
EMG subsidiary Elf will be looking to jump on the waste-to-energy bandwagon once the Egyptian government sets the feed-in tariff…
Edison looking for a partner to drill at North East Hapi concession
Italy’s Edison is looking for a partner to begin drilling the first deepwater well at its North East Hapi concession.…
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