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Nat gas price cuts for the petrochem industry may be on the way
Nat gas price cuts for the petrochem industry may be on the way: The Madbouly government is considering introducing a…
EETC inks transformer station and power purchase contracts
The Egyptian Electricity Transmission Company (EETC) signed a EGP 200 mn contract yesterday with a consortium of Chinese companies to…
Egypt’s NUCA signs EGP 365 mn electromechanical work contract with Elsewedy Electric
Elsewedy Electric announced yesterday signing a new EGP 365 mn contract with the New Urban Communities Authority to develop the…
EGAS resumes natgas exports to Jordan
EGAS resumed natural gas exports to Jordan at a rate of 290 mcf/d at the beginning of October, a source…
Vestas awarded tender for 250 MW Ras Ghareb wind plant
The New and Renewable Energy Authority (NREA) has awarded the tender to build a 250 MW wind energy plant in…
Eni makes new oil discovery in Gulf of Suez
Eni has discovered new oil resources in the Abu Rudeis Sidri concession in Gulf of Suez, the company said on…
Eni acquires 70% of Edison’s stake in North East Hapi Mediterranean concession
M&A WATCH- Eni has acquired 70% of Edison’s stake in Block 12 of its North East Hapi natural gas concession…
Egypt rises six spots to 114th in World Bank’s Ease of Doing Business report
Egypt jumped six spots to rank 114th out of 190 countries in the World Bank Group’s 2020 Ease of Doing…
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