Norwegian firm beats Malaysian, American and Dutch companies to win international tender.
04.11.2014
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News by
Daily News Egypt
Two loan agreements signed on Saturday worth a total of about $100 million will be invested in two electricity stations.
02.11.2014
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News by
Ahram Online
BG is in advanced talks with Israel to import gas supplies into Egypt and this week began similar discussions with Cyprus aimed at restoring output.
24.10.2014
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News by
Ahram Online
BG Egypt, a subsidiary of global energy company BG held talks on Tuesday to import natural gas from Cyprus, the company said on Wednesday.
23.10.2014
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News by
AlArabiya
Natural gas exports continue to drop as more production is used to meet Egypt's rising electricity demands.
20.10.2014
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News by
Ahram Online
Gas will be delivered via pipeline originally built to transport Egyptian gas to Israel.
20.10.2014
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News by
Haaretz
The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.
09.10.2014
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News by
Gulf Business
Egypt's debts to foreign energy firms operating in the country increased after the political turmoil which followed the 2011 revolution.
07.10.2014
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News by
Ahram Online
The loan was secured from National Bank of Egypt (NBE), Commercial International Bank (CIB), the Arab African Bank and Qatar National Bank (QNB).
06.10.2014
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News by
Ventures Africa
The payment was funded through an EGP 10 billion loan from local banks, arranged by the National Bank of Egypt, the statement said.
05.10.2014
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News by
Interfax Energy
For several years now, Egypt has struggled with power outages that have bogged down its ailing economy and disrupted daily life.
04.10.2014
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News by
National Geographic
Egypt has paid $1.5 billion of its debt to foreign energy companies, the oil ministry said in a statement on Thursday.
03.10.2014
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News by
Reuters
A new Gas Production Enhancement Agreement (GPEA) will permit Dana Gas to drill 37 new wells and redevelop existing ones.
02.10.2014
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News by
Emirates 24/7
"We are paying off $1 billion to foreign partners during the next few days," Oil Minister Sherif Ismail told a news conference in Cairo.
01.10.2014
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News by
Reuters
Egypt has struggled with soaring energy bills caused by high subsidies it provides on fuel for its population of 85 million.
01.10.2014
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News by
Reuters
United Arab Emirates energy firm Dana Gas said on Monday that it had been awarded concessions for two onshore gas blocks in Egypt.
30.09.2014
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News by
Reuters
The licenses are located in the country’s Western desert, near the Melehia Development Lease and will cover about 794 square miles.
30.09.2014
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News by
Forbes
Egypt’s export decline can be traced to a damaging combination of increasing domestic consumption during the hot summer months.
27.09.2014
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News by
Forbes
Italian oil major Eni said on Thursday it had been awarded three new exploration licenses in Egypt as it grows its footprint in Africa.
26.09.2014
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News by
Reuters
Aminex has an effective carried interest of 10% in these wells through its 12.5% shareholding in an associated company, Aminex Petroleum Egypt Ltd.
24.09.2014
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News by
Stock Market Wire
