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Electricity Holding Company signs agreements with five firms to purchase 250k smart meters
The Electricity Holding Company signed agreements with five companies who will be providing it with 250k smart meters, a company…
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EGPC issues exploration tender in Eastern Desert
The EGPC is issuing a tender for oil exploration in the Eastern Desert, Reuters reports. “The areas open for exploration…
Siemens to build two substations to transmit electricity from Burullus
The Egyptian Electricity Transmission Company (EETC) awarded Siemens a contract to construct two substations to transmit electricity from the Burullus…
AMOC waiting for EGPC’s approval to begin condensate imports from Dana Gas
The Alexandria Mineral Oils Company (AMOC) is waiting to receive for the EGPC’s green light to begin import a monthly…
Investment by IOCs up to USD 8.1 bn -El Molla
International oil companies’ investments in Egypt increased to USD 8.1 bn in FY 2016-17 from USD 6.6 bn a year…
Egyptian Electricity Holding Company signs USD 109 mn contract with Mitsubishi
The Egyptian Electricity Holding Company (EEHC) signed a USD 109 mn agreement with Mitsubishi Hitachi to upgrade and refurbish two…
EGP float drives fuel subsidy spending up 135.3% y-o-y
The EGP float has driven fuel subsidy costs up by 135.3% y-o-y, Oil Minister Tarek El Molla tells Reuters. Fuel…
SkyPower to invest USD 500 mn in solar power projects
Canada’s SkyPower will receive 14 square km of land to build USD 500 mn worth of solar power projects producing…
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