Latest in Energy Highlight
Latest in Energy
Investors agreed to participate and paid soil tests fees
El-Molla, Somali counterpart sign bilateral cooperation MoU
Company starts constructing 6 giant mobile tankers with different capacities
Previous price was $2.5/MMBtu, says source
The initial capacity of the project will be 50MW, and then will increase to 100MW in the second phase. The maximum capacity will be 300MW.
Company is seeking to expand the search for oil and gas in offshore sites: Source
Land allocation in Zaafarana, exploiting a Public Enterprises Ministry land in Edfu for the project
OPEC expedites its meeting to deal with falling global demand for crude oil
More than 7,500 companies were evaluated in Corporate Knights’ Global 100 list based on 21 key performance indicators covering resource, employee, and financial management; clean revenue; and supplier performance.
A source from the agency told Daily News Egypt that electricity distribution companies were conducting standardised measurements up to 5000 kVA, but each company had its own rules for transformer stations, contracting capabilities and measurements, and procedures and rules.
About 8.725 million subscribers were able to pay their electricity bills electronically in December, and the ministry seeks to expand in electronic payment services in the coming period.
Company to install 10m meters by 2023 at cost of SR 9.5bn
Electricity Ministry receives requests to establish IPP projects with $2.5bn investments
Company to start exploration in two blocks with $332m in investments
EGAS dues exceeded EGP 165bn end of 2019
Tariff set at 12 cents per kW/h, 70% of costs to be financed by Saudi banks
Power plants account for 78% of additional gas consumption: source
Egyptian companies announce their readiness to take part in project, including Orascom, El-Sewedy
Interconnection projects with Sudan, Saudi Arabia, Cyprus, and Greece to be concluded this year
Most of Egypt’s PV solar projects curbed by intermittency, further development will depend on storage capacity increases
The three companies technically qualified in the tender included Nary, B-Electric, and Vikram, but were excluded due to technical reasons. The NREA examined the offers submitted in cooperation with Antec consultant to implement the project’s station.
The first agreement in the East Horus region, Western Desert, is with the Egyptian General Petroleum Corporation (EGPC) and Shell, comes at a minimum investment of approximately $24.5m, and a signature grant of $23m to drill five wells.
Sources told Daily News Egypt that the companies eligible to implement the project chose the alliance after competing with two companies. The project will be awarded after the approval of the Egyptian Electricity Transmission Company (EETC).
ACWA Power to start establishing “Luxor” and “Kom Ombo” stations with 2.45GW capacity
Energy needed for 1.5m-feddan reclamation project estimated at 2GW: Al-Sobky
The authority seeks to attract foreign direct investment and facilitate procedures: Khayat
Egypt Sovereign Fund is still selecting a consultant for the evaluation of Siemens power plants
According to a source from Benban solar park, Hassan Allam has the right to participate in the service management tender again, if its contract was not renewed. The company’s first contract was awarded in the period of construction and installation of the project which differs the future stages.
Distribution companies start receiving orders this month
Ministry chose seven sites eligible to launch the projects with capacities of 2-5MW