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Infrastructure 
AMOC to invest USD 50 mn over 3 years to reduce carbon footprint
The Alexandria Mineral Oils Company (AMOC) is planning on investing USD 50 mn over the next three years to upgrade…
Energy
Oil Ministry looking to attract USD 10 bn in investment from IOCs next fiscal year
The Oil Ministry is looking to attract USD 10 bn in investment from international oil companies during FY2017-18 to increase…
Höegh Gallant begins periodical maintenance, to operate at full capacity during the summer
Norway’s Höegh began periodical servicing and maintenance operations last week on its Egypt-anchored Höegh Gallant floating storage and regasification, Al…
China’s State Grid to build 1,210 KM electricity transmission line
Chinese company State Grid is building a 1,210 KM electricity transmission line for the Electricity Ministry, Minister Mohamed Shaker tells…
ABB in negotiations over power transmission and distribution lines to new capital
ABB is in negotiations with the Housing Ministry to build power transmission and distribution infrastructure at the New Administrative Capital,…
ACWA Power granted government guarantee for 2.25 GW power plant
Cabinet granted ACWA Power a government guarantee to for the construction of a USD 2.2 bn, 2.25 GW power plant…
Saudi’s Alfanar to start purchasing solar power from EETC
Saudi Arabia’s Alfanar signed offtake agreement to sell solar power to the Egyptian Electricity Transmission Company and hopes to reach…
Egyptera grants Infinity 25-year energy production license
The Egyptian Electric Utility and Consumer Protection Agency’s (Egyptera) board of directors approved granting Infinity Solar a 25-year energy production…
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