Egypt - My Project Note

25/09/2026GE Vernova Signs Rotor Life Extension Service Contract for Five Gas Turbines in Egypt

GE Vernova announced on September 23, 2026 that it has signed a rotor life extension (RLE) service contract with three power generation companies under the Egyptian Electricity Holding Company (EEHC) for five 9F gas turbines. Under this contract, the service life of equipment at three power plants — Kureimat, Nubaria, and Cairo North — is […]

09/09/2026Egypt Raises Refinery Upgrade Investment Target by 30% to $5.2 Billion, Seeking Private Capital

Egypt’s investment target for refinery facilities under the state-owned Egyptian General Petroleum Corporation (EGPC) has reportedly been raised by 30% to a total of $5.2 billion. Of this, $2.1 billion is said to be earmarked for converting fuel oil production units into higher-value product units such as diesel, gasoline, and naphtha. The expanded investment is […]

04/09/2026Egypt to Invest $4.5 Billion in Refinery Modernization and Expansion to Cut Fuel Import Dependence

Egypt’s government reportedly plans to invest approximately $4.5 billion in fiscal year 2026/27 to modernize and expand its state-owned refining sector, aiming to reduce dependence on imported fuel. The investment plan was announced by Egypt’s Ministry of Petroleum and Mineral Resources, though specific individual refineries and contractors have not yet been disclosed. The plan involves […]

02/09/2026Egypt’s ECHEM Reviews Startup Readiness of Damietta Suez Methanol Derivatives Plant, 71% Complete

Egypt’s state petrochemical holding company ECHEM has reportedly reviewed the pre-commissioning readiness of the Suez Methanol Derivatives (SMD) plant under construction in Damietta. ECHEM’s chairman reportedly visited the construction site on August 10 to review remaining EPC work, safety, and commissioning readiness. The plant is expected to produce value-added petrochemical products for fertilizer, MDF (medium-density […]