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Misr Financial Investment Company to establish renewable energy subsidiary
The state-run Misr Financial Investment Company (MFIC) will establish a new renewable energy arm in July to build two 20…
energy
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GE, Shanghai Electric, and a Marubeni-Mitsubishi JV bid for Hamrawein
General Electric, Shanghai Electric, and a Marubeni-Mitsubishi JV are the three biggest players bidding on the USD 8 bn Hamrawein…
SDX Energy successfully flow-tests dry natural gas from its South Disouq concession
SDX Energy successfully flow-tested a well for dry natural gas successfully at its South Disouq concession, with the flow rate…
BP signs GBP 1.4 mn contract with Add Energy for work in West Nile Delta
Norway-based Add Energy announced signing a GBP 1.4 mn contract with BP for work on its West Nile Delta concession.…
El Molla meets with Total executives to discuss exploration opportunities
Oil Minister Tarek El Molla met yesterday with Total Egypt’s Managing Director Jean-Pascale Clémençon and the Vice President of Total’s…
Siemens to connect 800 MW to national grid from Burullus by June’s end
Siemens will connect 800 MW of electricity produced at the Burullus power plant to the national grid by the end…
JICA provides USD 243 mn loan for electricity automated control centers
The Japanese International Cooperation Agency (JICA) is extending a USD 243 mn funding facility to the Electricity Holding Company to…
EBRD offers EUR 350 mn to fund 16 feed-in tariff projects
The European Bank for Reconstruction and Development (EBRD) will present offers to provide EUR 350 mn in funding to finance…
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