OIL AND GAS

22 Apr 2017

Scatec Solar signs PPA with Egypt for 400MW solar projects

Scatec Solar and the Government of Egypt have signed a 25 year power purchase agreement for the supply of electricity from six solar power plants with a combined capacity of 400MW.

The agreement was signed in"...

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19 Apr 2017

Scatec Solar signed PPA for 400 MW in Egypt

Norwegian independent solar power producer Scatec Solar ASA and partners have signed 25-year Power Purchase Agreements (PPA) for delivery of electricity from six solar plants totaling 400 MW with the Government of Egypt. All located in Ben Ban area near Aswan in Upper Egypt, the solar plants"...

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19 Apr 2017

SDX Energy’s shares up 14% after finding gas during drilling campaign in Egypt

North Africa focussed oil and gas firm SDX Energy’s stock was up 14% after discovering gas in an Egyptian well.

The company has announced that its SD-1X well at the South Disouq concession, where it holds"...

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18 Apr 2017

Egypt, Cameroon probe promoting joint coop. in oil, mining fields

Petroleum and Mineral Resources Minister Tarek el Molla discussed with Cameroonian Minister of Mines, Industry and Technological Development Ernest Gbwaboubou means of enhancing joint ties in the domains of petroleum and mining.

They"...

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10 Apr 2017

Petroleum Ministry to repay part of its dues to foreign partners in May

The Egyptian government plans to repay a part of its dues—worth $500m—to a number of foreign companies operating in the local petroleum sector in the next month.

Sources"...

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06 Apr 2017

Egypt, Kuwait renew two commercial contracts in oil storage, refining, marketing

The Egyptian General Petroleum Corporation, EGPC, and the Kuwait Petroleum Corporation, KPC, have signed on Monday the renewal of two commercial contracts for the supply of petroleum products and crude oil for three years between the two countries. The signing was attended by Tariq Al"...

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05 Apr 2017

Zohr gas field discovery renews interest in the region

With the recent establishment of the Egyptian Gas Regulator, Mediterranean Energy Regulators (MEDREG) met in Cairo recently where they discussed the independence of regulators, their financial autonomy and gas market models, MEDREG said in a press release.

MEDREG"...

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04 Apr 2017

Aswan solar power project brightens Egypt’s energy outlook

About 25 miles north of Egypt’s southern governorate of Aswan, dozens of workers are racing against time to complete the North African country’s largest and first-of-its-kind grid-connected solar"...

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03 Apr 2017

Oil Minister, Apache officials discuss increasing investments in Egypt

Egypt’s Minister of Petroleum Tarek al-Molla met Saturday with John Christmann, the Chief Executive Officer of Apache; James House, Senior Region Vice President for Apache; and David Chi, Regional Vice President and General Manager, APACHE Egypt

The"...

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03 Apr 2017

Global-IP Announces the Selection of SpaceX to Launch its 150 Gbps GiSAT-1

Global-IP Cayman, the innovative satellite communications company with the mission to bring cost-effective Internet and related value-added services to Sub-Saharan Africa, announced today it has signed a launch services agreement with Space Exploration Technologies Corp. (“SpaceX”)"...

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