Tag: Egypt
Bank Audi sal to sell Egyptian subsidiary to First Abu Dhabi Bank
Lebanon-based Bank Audi sal has agreed to divest its Egyptian subsidiary - Bank Audi sae to UAE-based First Abu Dhabi Bank (FAB) for an undisclosed ... Read More
Gulf of Suez 1 wind project : Vestas bags contract from NREA
Vestas has bagged an engineering, procurement and construction (EPC) contract and turbine supply order for the 252MW Gulf of Suez 1 wind project in Gulf ... Read More
Eni, BP make new gas discovery in Great Nooros Area in Egyptian waters
Italian oil and gas giant and BP have made a new gas discovery in the Great Nooros Area in the Mediterranean Sea in Egypt through ... Read More
North West El Amal block : Neptune Energy completes OBN multiclient survey
Neptune Energy has wrapped up an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block in Egyptian waters, which it says ... Read More
United Oil and Gas wraps up acquisition of Rockhopper Egypt
United Oil and Gas has completed its previously announced $16 million acquisition of Rockhopper Egypt from Rockhopper Exploration to enter into the producing Abu Sennan ... Read More
South Disouq gas block : SDX Energy begins drilling of Salah well
UK-based SDX Energy has started drilling of the SD-6X well (Salah well) at the onshore South Disouq gas block in the Nile Delta in Egypt. ... Read More
EBRD offers $50m loan to upgrade SOPC oil refinery in Egypt
The European Bank for Reconstruction and Development (EBRD) is providing support to Egypt’s greener oil and gas sector with a $50 million loan to upgrade ... Read More
West Bakr Wind project : Lekela reaches financial close on Egyptian wind farm
Lekela Power, a Dutch renewable energy producer, has achieved financial close on the 250MW West Bakr Wind project, the company’s first wind project in Egypt, ... Read More
Rixos Hotels to operate all-inclusive resort on Egypt’s Red Sea Riviera
Accor’s Turkish luxury hotel chain Rixos Hotels has signed an agreement to manage an all-inclusive luxury resort on Egypt’s Red Sea Riviera as part of ... Read More
GE bags contract for turbine islands for $30bn El Dabaa nuclear power plant
AAEM, a joint venture of GE Power and Atomenergomash, has secured a contract to provide turbine island equipment for the 4.8GW El Dabaa nuclear power ... Read More