01 May 2016
27 Apr 2016
24 Apr 2016
General Electric (GE) company asked the Electricity Ministry to pay $148m in return for the overhauls and maintenance operations the company carried out on production plants over the past six months. GE overhauled the electricity generation units over the last 6 months, a prominent official at the Ministry of Electricity said. These operations included many production...Continue Reading
22 Apr 2016
Cyviz, a global leader in high-performance meeting room, data visualization, collaboration, and command & control systems, announced that it has opened a Cyviz Experience Center (CEC) in Riyadh, Saudi Arabia. The Riyadh CEC contains the latest state-of-the-art technology in visual collaboration"...Continue Reading
20 Apr 2016
Egypt will launch international bids for oil exploration in 11 blocks in the Western Desert and the Gulf of Suez before the end of April, Minister of Petroleum Tarek El-Molla said in a press release on Tuesday.
The ministry will also provide international bids for gas exploration"...Continue Reading
20 Apr 2016
Egypt has agreed with Italy's Eni to begin production of 1 billion cubic feet per day of gas at the Zohr gas field, the biggest in the Mediterranean, by the end of 2017, oil minister Tarek El Molla said on Tuesday.
Zohr, discovered by Eni last year, has an estimated 30 trillion cubic feet of gas. It is expected to plug Egypt's acute energy shortages...
19 Apr 2016
French energy company Engie said on Monday it has signed agreements on developing renewable energies and importing liquefied natural gas (LNG) with various Egyptian companies during a visit by French President Francois Hollande in Cairo.
The company said in a statement that it signed a cooperation agreement for further development of renewable energy...
18 Apr 2016
Latest estimates of Zohr's capacity have risen to 30 trillion cubic feet.
Development of the giant Zohr natural gas reservoir in Egypt is proceeding at a dizzying pace. At the end of last week, Italian company Eni successfully completed its third drilling, and said that the amount of gas in it was 20% higher"......Continue Reading
17 Apr 2016
Italian company Eni completed the drilling of the third gas well at its giant offshore Zohr gas field in Egypt. The initial estimations of the third deepwater well are larger than the first and the second, with estimated reserves of 30tn cubic feet.
A senior official from Eni told"...Continue Reading
12 Apr 2016
Saudi Arabia is to provide Egypt with 700,000 tonnes of petroleum products a month under a $23 billion deal over five years between Saudi Aramco and the Egyptian General Petroleum Corp, an EGPC official said on Monday. "...
Saudi Arabia is to provide Egypt with 700,000 tonnes of petroleum products a month under a $23 billion deal over five years between Saudi Aramco and the Egyptian General Petroleum Corp, an EGPC official said on Monday.
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