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EGAS to auction up to 11 gas exploration blocks in Egypt’s West Med by 1Q2020
EGAS plans fresh WestMed gas exploration tender: The Egyptian Natural Gas Holding Company (EGAS) plans to put some 11 natural…
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EETC signs supply and supervision contract with Siemens
The Egyptian Electricity Transmission Company (EETC) has signed with Siemens Egypt and Siemens Transformer a supply and supervision contract worth…
Egypt saves USD 350 mn a year from energy efficiency improvements in refining
The government is saving some USD 350 mn each year due to energy efficiency improvements in oil refineries, a source…
Egypt to release in August conditions for newly introduced “falling auction” tenders
The government will unveil in August the conditions for 600 MW-worth of solar projects that will be tendered under a…
Bread prices in Egypt to remain unchanged after July’s electricity price increases
The price of subsidized bread will remain unchanged despite the expected increase in costs when average electricity prices rise 15%…
El Sisi says Africa moving forwards towards development
Egypt’s Africa Day celebrations yesterday are front and center on the front pages of Al Ahram and Al Akhbar this…
BP close to selling GUPCO stake to Dragon Oil for USD 600 mn
M&A WATCH- BP is close to selling its stake in Gulf of Suez Petroleum Company (GUPCO) to Dubai-based Emirates National…
Shell Egypt and EGPC sign agreements to develop human resources
Shell Egypt signed yesterday eight cooperation agreements with the Egyptian General Petroleum Corporation (EGPC) to launch an HR development program…
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