Oilfield service giant Schlumberger introduces Egypt Upstream Gateway project
U.S. oilfield services giant Schlumberger and the Egyptian Ministry of Petroleum introduced on Tuesday the Egypt…
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egypt’s energy sector
EU supports Egypt’s energy sector: commissioner
European Union Climate Action and Energy Commissioner Miguel Arias Canete said Tuesday the EU supports transforming…
OTC 2016: onshore, offshore exploration success puts Egypt in spotlight
Egypt’s energy sector has come a long way in five years, resetting itself from unstable to energized with the…
EU allocates €68 million to promote Egypt gas connection
The European Union (EU) has allocated a €68 million grant to the Egypt Gas Connection Project to support key…
General Electric signs $250 million deal to reinforce Egypt’s national power grid
U.S.-based multinational conglomerate corporation General Electric has signed a US$250 million contract with the…
Saudi Arabia, Egypt to sign $8bn investment deal Sunday
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) will sign a preliminary agreement Sunday to…
UK trade envoy to meet Egypt’s oil minister today
Jeffrey Donaldson, UK Prime Minister David Cameron’s trade envoy to Egypt, will meet Thursday Egyptian Minister of…
Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
EBRD allocates $170m to boost safety measures in Egypt’s energy sector
The European Bank for Reconstruction and Development (EBRD) is arranging a syndicated loan, consisting of a loan…
AfDB commits $700 million for Egypt Energy Sector
The African Development Bank will allocate US$700 million for the support of energy sector projects in Egypt, AfDB…