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Oil Ministry building USD 160 mn Damietta Port pier, studying new petrochemicals projects
Engineering designs are being drafted for a new USD 160 mn pier at Damietta Port to expand shipping and storage…
Egypt targets importing LNG cargoes worth USD 1.8 bn in FY2017-18
Egypt has budgeted to import LNG cargoes worth USD 1.8 bn in FY2017-18, Oil Minister Tarek El Molla said yesterday,…
TransGlobe well-positioned for growth in Egypt, CEO says
TransGlobe will be developing new oil fields in Egypt’s Eastern Desert along with a field in the Western Desert, TransGlobe…
Samanoud and Abo El Matameer transformer stations get EUR 100 mn
BNP Paribas has signed a EUR 100 mn agreement to facilitate financing the construction of two 220/500 kV transformer stations…
BP says production from Zohr set to begin before year end
BP says it is on track to begin production from Zohr before the end of the year, according to comments…
IOCs raise investments in Egypt to USD 10 bn this year - El Molla
International oil companies have raised their investments in Egypt to USD 10 bn this year on the back of payments…
Elsewedy awarded solar project in Benban, costs USD 70 mn
Elsewedy Electric was awarded a photovoltaic solar energy power plant project in Benban, Aswan, under the second phase of the…
Electricity Ministry tasks security entity with collecting payment from users
Collecting electricity meter payments will be managed by a higher state security institution, Electricity Minister Mohamed Shaker said, according to…
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