Gulf Oil and Gas accountACCOUNT

Siemens Inks $825m Libya Power Project Contracts

Source: www.gulfoilandgas.com 12/11/2017, Location: Africa

Share |
Siemens has signed contracts with the state-owned utility General Electricity Company of Libya (GECOL) to expand Libya’s power generation capacity by approximately 1.3 gigawatts (GW). Under these contracts Siemens will build a 650 MW open cycle power plant in Misrata, equipped with two F-class gas turbines, and a 690 MW open cycle power plant in Tripoli West, equipped with four E class gas turbines. The total volume of EPC contracts, including long-term service agreements, is in the range of 700 million euros. "Libya needs a reliable and affordable power supply to set the stage for a prosperous and promising future for the Libyan people," said Joe Kaeser, President and CEO of Siemens AG. "As a trusted partner, Siemens will provide Libya with innovative and sustainable infrastructure solutions that are essential for the economic development of the country and its people," added Kaeser. Siemens has been supporting Libya with technology and expertise since the 1950s. "Around 30 percent of Libya’s installed power generation capacity is based on Siemens technology that delivers electricity for two million people," said Willi Meixner, CEO of Siemens’ Power and Gas Division. "After completion, the power plants in Misrata and Tripoli West will help the country to solve the ongoing challenges caused by frequent and unpredictable power cuts," added Meixner.

Electrical Works News in Libya >>

Mauritania >>  10/12/2018 - KBR, Inc. announced that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue f...
Ghana >>  10/10/2018 - Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters. Th...

Egypt >>  10/8/2018 - WorleyParsons has been awarded a four years project management consultancy (PMC) contract for the new Assiut Hydrocracking Complex (AHC Project) in Eg...
Egypt >>  9/19/2018 - The Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, signed an...

Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 |

More News

 

Oil & Gas Companies in Libya >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.