{"id":579331,"date":"2023-02-02T04:08:31","date_gmt":"2023-02-02T04:08:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/us-contractor-mcdermott-to-work-on-greece-africa-power-interconnector\/"},"modified":"2023-02-02T04:08:31","modified_gmt":"2023-02-02T04:08:31","slug":"us-contractor-mcdermott-to-work-on-greece-africa-power-interconnector","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/us-contractor-mcdermott-to-work-on-greece-africa-power-interconnector\/","title":{"rendered":"US contractor McDermott to work on Greece\u2013Africa Power Interconnector"},"content":{"rendered":"

Another Greece-Egypt electricity interconnector is in the works: <\/strong>The US contractor McDermott<\/a> has signed an MoU with Greek renewables company Eunice Energy Group<\/a> to work on a 2-GW interconnector that will link Greece and Egypt\u2019s electricity grids, according to a joint statement<\/a>. The Greece\u2013Africa Power Interconnector (GAP) will transit the Mediterranean between Crete and Marsa Matrouh and is expected to be completed before 2030.<\/p>\n

Who\u2019s who:<\/strong> Eunice Energy is leading the consortium of companies working on the project. McDermott is on board to provide engineering and construction guidance.<\/p>\n

This isn\u2019t GREGY:<\/strong> Elica \u2014 a 50\/50 joint venture between big-time Greek infrastructure investor Copelouzos Group and Samaras Group \u2014 is working to get the 3-GW Greece-Egypt Interconnector<\/a> (GREGY) project off the ground. The EUR 3.5 bn<\/a> interconnector will run almost 1.5k km from Wadi El Natroun directly across the Mediterranean to mainland Greece.<\/p>\n

A lot of renewables could be involved:<\/strong> The two countries have discussed a plan to add 9.5 GW of renewable power generation capacity<\/a> in Egypt for export across the Mediterranean.<\/p>\n","protected":false},"excerpt":{"rendered":"

Another Greece-Egypt electricity interconnector is in the works: The US contractor McDermott has signed an MoU with Greek renewables company Eunice Energy Group to work on a 2-GW interconnector that will link Greece and Egypt\u2019s electricity grids, according to a joint statement. The Greece\u2013Africa Power Interconnector (GAP) will transit the Mediterranean between Crete and Marsa […]<\/p>\n","protected":false},"author":1,"featured_media":579332,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[6576,244,93,72,6578,6579,6577],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-579331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-egypt-greece-relations","tag-electricity","tag-energy","tag-enterpriseam","tag-eunice-energy-group","tag-greece-africa-power-interconnector","tag-mcdermott","wpautop","entry"],"acf":{"mongo_id":"f5631a2e-8e0d-46a5-97d6-5a7ba9ee2109","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/37.jpg","photo_position":"above","related_issue":[579316],"teaser":"","voice_url":""},"yoast_head":"\nUS contractor McDermott to work on Greece\u2013Africa Power Interconnector - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/02\/02\/us-contractor-mcdermott-to-work-on-greece-africa-power-interconnector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US contractor McDermott to work on Greece\u2013Africa Power Interconnector\" \/>\n<meta property=\"og:description\" content=\"Another Greece-Egypt electricity interconnector is in the works: The US contractor McDermott has signed an MoU with Greek renewables company Eunice Energy Group to work on a 2-GW interconnector that will link Greece and Egypt\u2019s electricity grids, according to a joint statement. 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"Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/93.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582803,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/scatec-norway-propose-another-egypt-europe-interconnector\/","url_meta":{"origin":579331,"position":4},"title":"Scatec + Norway propose another Egypt-Europe interconnector","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"Scatec + Norway-backed Europe electricity link? The CEO of Norwegian renewable energy developer Scatec proposed a new electricity interconnection project between Egypt and Europe in a meeting with Prime Minister Moustafa Madbouly last week, according to a cabinet statement. The project would be backed by the Norwegian government and would\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/wp-content\/uploads\/2023\/02\/benban-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581394,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/09\/copelouzos-co-close-to-finalizing-studies-for-greece-egypt-electricity-link\/","url_meta":{"origin":579331,"position":5},"title":"Copelouzos + co. close to finalizing studies for Greece-Egypt electricity link","author":"enterpriseam admin","date":"9 February 2023","format":false,"excerpt":"GREGY is advancing: The consortium behind the 3-GW Greece-Egypt Interconnector(GREGY) is putting together the final technical and financial surveys ahead of a financial investment decision, Greek outlet eKathimerini reported yesterday. 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