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FINANCIAL NEWS
Orascom signs USD 20mn deal for West Delta gas project
07 Mar 2016
(MENAFN) National Steel Fabrication, a minor of Orascom Construction (OC) was given a USD 20mn contract to build and supply structural steel for the West Nile gas project.
Accordingly, the firm will receive a huge order to fabricate and provide the steel structure for gas development in Egypt and look to more participation in the sector.
The firm signed deals in Jan to hide two power plants, in Assiut and West Damietta, while the capacity of the Assuit is 1,000 MW and Damietta is 500 MW.
In addition, the Co. and the German engineering firm Siemens are also building two joined cycle power plants, each with a 4,800 MW capacity factor.
More News
15 Jan 2025
BBK Signs Strategic Partnership with Bahrain Airport Company to Develop “Express Cargo Village”
08 Jan 2025
Bank of Bahrain and Kuwait and Global Payment Services Deliver the First Advanced Fraud Prevention Solution for Wallet Provisioning in the Kingdom of Bahrain
26 Dec 2024
BBK proudly supports “Celebrate Bahrain” as a gold sponsor in cooperation with BTEA
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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