Aggreko to Power Egyptian Gas Project
CAIRO, May 18, 2014
CAIRO, May 18, 2014 /PRNewswire/ --
Aggreko, the world's leading temporary power and temperature control services
has signed a contract with RWE Dea to deliver a 4 MW power plant to the Disouq
onshore natural gas facility located in the Nile Delta in northern Egypt. RWE
Dea has been operating in Egypt as an oil producer for nearly 30 years, with
the Disouq project being the company's first natural gas development in the
Production at Disouq commenced in September 2013 and the project is expected
to produce a total volume of approximately 11.4 billion cubic metres of
natural gas. The Aggreko installation will power operations across the entire
site ensuring a constant and reliable power supply. The gas produced at the
project will make a substantial contribution towards supplying the growing
energy market in Egypt.
"We are delighted to be supporting industry in Egypt during this important
period for the country," commented James Shepherd, Managing Director, Aggreko
Southern and East Africa. "Access to high-quality, reliable power will be
vital in helping get local industry up and running, bringing jobs and
prosperity to the people of Egypt. We see high potential in the local market
and Aggreko will be investing to increase our presence in the country."
Aggreko plc is the world leader in the supply of temporary power and
temperature control solutions. Aggreko employs over 6,000 people operating
from 202 locations. In 2013 we served customers in about 100 countries, and
had revenues of approximately GBP 1.6bn (USD 2.5bn or Euros 1.9bn). Aggreko
plc is listed on the London Stock Exchange (AGK.L), is a member of the
FTSE-100 index, and is headquartered in Scotland.
Aggreko provides power and temperature control solutions to customers who need
them either very quickly, or for a short or indeterminate length of time.
Examples would be the supply of power to an industrial site which needs to
service its permanent power supply, supplying a whole city in times of power
shortage, or providing a major sporting event with power and cooling systems.
We serve our customers either through our 202 service centres, which we call
the Local business, or globally through our Power Projects business.
In the Local business, which accounts for about half of our revenues, we hire
our equipment to customers, who then operate it for themselves, although we
retain responsibility for servicing and maintaining it. In the Power Projects
business, which also accounts for about half of our revenues, we operate as a
power producer. We install and operate power plants and we charge our
customers both for providing the generating capacity, and for the electricity
we produce. We design and manufacture equipment specifically for these
requirements in our factory in Dumbarton, Scotland.
Recent customers include the London 2012 Olympic and Paralympic Games, the
Ryder Cup and Cirque du Soleil and the power utilities in over 50 countries
including the UK, France, Ivory Coast, Mozambique, Indonesia, Bangladesh,
Argentina, Venezuela, Chile, Brazil and the USA.
In 2013 we fulfilled almost 48,000 customers' assignments and 72% of those who
responded to our research gave us a recommendation of 9 or 10 out of 10.
For more information, please visit our local website at : africa.aggreko.com
Contact: Nicholas van Santen Communications Manager Aggreko EMEA T: +44 7920
709642 E: firstname.lastname@example.org
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