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EforA Energy’s pilot well Lagia 14 successfully comes on stream
South African firm EforA Energy (formerly SacOil) has successfully brought its Lagia 14 well in Egypt on stream, with the…
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ASORC signs NBE-brokered USD 100 mn loan from China Development Bank
The Assiut Oil Refining Company (ASORC) signed a USD 100 mn loan agreement with the China Development Bank (CBD) on…
Italy’s Edison plans to sell off its oil and gas unit
Italian energy company Edison is planning to sell off its oil and gas unit in favor of focusing on its…
NOMP signs MoU with UAE’s ATD to increase efficiency of power stations
The National Organization for Military Production (NOMP) signed an MoU with Abu Dhabi-based energy tech group Advanced Technology Development (ATD)…
EAEA reaches agreement to construct EGP 35 mn nuclear fuel factory
The Egyptian Atomic Energy Authority (EAEA) reached an agreement with Nile Valley Company to construct a EGP 35 mn nuclear…
Egypt to receive second shipment of Iraqi crude oil in two weeks
Egypt is set to receive 2 mn bbl of Iraqi crude oil in two weeks, a source from the EGPC…
NREA to form JV to operate, maintain wind farms
The New and Renewable Energy Authority (NREA) is planning to establish what it says is the country’s first company specialized…
JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant
The New and Renewable Energy Authority (NREA) and the Japan International Cooperation Agency (JICA) have signed a USD 106 mn…
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