Latest news
Japan's Marubeni might construct coal power plant in Egypt
Japan's Marubeni Corp and Egypt's El Sewedy Electric have settled with Egypt's state-run power utility to conduct a feasibility study into the building of a coal-fired electricity plant in Egypt.
read more... 03/03/2016
Italy’s Eni to spend $4 bln on first phase of Zohr gas field in Egypt
Italian energy major Eni has invested $4 billion in the development of the first phase of Egypt's giant offshore Mediterranean gas field, Zohr, comprising the drilling of four wells, according to an Egyptian official.
read more... 16/02/2016
Siemens obtains first funding for Egypt power plant project
Egypt has obtained a first tranche of funding for an 8 billion euro ($8.5 billion) plan for power plants to be constructed by Germany's Siemens, as stated by the company and electricity ministry.
read more... 24/11/2015
Egypt obtains a loan of $200 million for gas-fired power plant
A London-based bank is offering $200 million (£130m) for a 1.8GW Combined Cycle Gas Turbine (CCGT) power plant.
read more... 19/11/2015
Eni inks $2 billion petroleum exploration agreement in Egypt
Italian giant Eni has inked a new concession and three amendment deals with the Egyptian Government for prospective petroleum exploration.
read more... 16/11/2015