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SDX completes work-over programs in Egypt, attributes profit rise to Circle Oil acquisition

SDX completes work-over programs in Egypt, attributes profit rise to Circle Oil acquisition

SDX Energy announced completing a number of projects in Egypt during 3Q2017. The company concluded a twelve-well work-over program at North West Gemsa, which should allow it to achieve its 5,000 boepd target for the year, in addition to finalizing the expansion of a processing facility at its Meseda project by increasing treatment capacity to … Continue reading

Aggreko announces entry into the Egyptian market

Aggreko announces entry into the Egyptian market

The power-management company, Aggreko, hosted press conference today and formally announced its entrance into the Egyptian market, Egypt Oil & Gas reports. The company specializes in the rental of electricity generators to power operations at oil and gas fields.“We do not offer generic solutions. We tailor the solutions according to the needs of each company,” … Continue reading

Egypt’s Parliament approves extending SUMED work for 27 years

Egypt’s Parliament approves extending SUMED work for 27 years

The Arab Petroleum Pipelines Company (SUMED) executes oil projects with investments of $415 million. The Energy and Environment Committee of the House of Representatives, headed by MP Talaat Al-Suwaidi, approved on Sunday a draft law of the government to extend the term of the Arab Petroleum Pipelines Company (SUMED). Hisham Lutfi, representative of the Ministry … Continue reading

Egypt says newly discovered East Med gas can be EU’s new energy source

Egypt says newly discovered East Med gas can be EU’s new energy source

Newly discovered gas deposits in the eastern Mediterranean can offer Europe the alternative sources of energy that it’s searching for, Egypt’s president said Monday. President Abdel-Fattah el-Sisi said that Europe can take advantage of the proximity of both Egypt and Cyprus to the continent in that energy search. “These gas discoveries can contribute to the … Continue reading

NuttySecurity™ technology by ThinJack receives warm welcome

NuttySecurity™ technology by ThinJack receives warm welcome

New technology from leading Aberdeenshire-based oil service company ThinJack Ltd has received a warm welcome following its introduction to key overseas markets. The company, which has a strong global reputation for riglessly separating seized well flanges, recently launched NuttySecurity™ with particular focus on the Nigerian and Egyptian markets.  The technology is delivered in collaboration with … Continue reading