DuPont to supply DynaWave® Scrubbing Technology for Egypt’s Zohr gas field

Technology Helps Minimize Environmental Impact. DuPont Clean Technologies (DuPont) recently signed a contract with Kinetics Technology (KT) for Eni’s giant Zohr deepwater gas field in the Egyptian Exclusive Economic Zone of the Mediterranean Sea. Under the contract, DuPont will be delivering the technology license, engineering and proprietary equipment for two MECS® DynaWave® wet gas scrubbing … Continue reading

Vallourec signs gas wells tubular solutions contract with BAPETCO, a Shell JV in Egypt

Vallourec signs gas wells tubular solutions contract with BAPETCO, a Shell JV in Egypt

Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation (EGPC). Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation. This agreement concerns the supply of tubular solutions … Continue reading

Giza, Fayoum gas fields to produce 500-700 mmcfd by end of 2018

Giza, Fayoum gas fields to produce 500-700 mmcfd by end of 2018

Egypt’s Minister of Petroleum Tarek El-Molla announced on Friday that natural gas production from Giza and Fayoum fields will reach 500-700 million cubic feet per day (mmcfd) by end of 2018. El-Molla’s statement came during the seventh regular meeting of the committee responsible for the progress of the second phase of the West Nile Delta … Continue reading

Petroleum Ministry announces production timetable for key concessions including Zohr

Egypt’s supergiant gas field Zohr will be producing 500 million cubic feet (mmcf) a day by the end of 2017, Prime Minister Sherif Ismail said on Saturday, according to ETEnergyworld. Separately, Oil Minister Tarek El Molla also said that the North Alexandria concession will begin producing between 500 and 700 mmcf of gas per day … Continue reading

ADES lays out blueprint for growth through oil downturn

ADES lays out blueprint for growth through oil downturn

“Our business model relies largely on legacy offshore assets that we purchase and refurbish.” Mohamed Farouk, oil driller ADES International’s chief executive, makes his business sound very straightforward. “Our business model relies largely on legacy offshore assets that we purchase and refurbish.” Revenue growth of more than 35% in each of the past three years … Continue reading