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South Ramadan

SDX well finds oil in Gulf of Suez South Ramadan concession

Posted: March 25, 2019 at 1:58 pm   /   Oil & Gas

Last year’s SRM-3 appraisal well on the South Ramadan concession in the Gulf of Suez encountered hydrocarbons, according to partner SDX Energy. On the way to the TD of 15,635 ft (4,766 m), the well intersected 75 ft (23 m) of net conventional oil pay in the primary target Matulla section; 20 ft (6.1 m) […]

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LNG Egypt

Egypt offers four LNG cargoes for April loading as exports rise

Posted: March 17, 2019 at 9:51 am   /   Oil & Gas

Egypt’s natural gas company EGAS is offering four liquefied natural gas (LNG) cargoes for April loading, two industry sources said on Friday. The tender closes on March 18 and will be awarded on March 21, one of the sources said. Egypt’s exports of LNG have quickened since October, with five tankers loaded in March, the […]

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Vodafone

Vodafone dials in to 100% solar power in Egypt – Energy Live News

Posted: March 17, 2019 at 9:42 am   /   Renewables

The firm plans to build between 20MW and 25MW of new solar infrastructure by the year 2025. Vodafone claims it will be the first company in Egypt to go 100% solar. The global telecommunications giant plans to generate all of its own electricity through massive solar plants in Banban, Aswan. It says the clean power […]

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egypt-offshore-eni-blocks-sep18

Eni announces new gas discovery in Nour prospect offshore Egypt

Posted: March 14, 2019 at 10:31 pm   /   Oil & Gas

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in Eastern Egyptian Mediterranean. Feasibility studies in order to accelerate the exploitation of these new resources leveraging the synergies with existing facilities will start after finalizing the discovery evaluation. Eni announces a new gas discovery under evaluation in the Nour exploration […]

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Halliburton

Halliburton, Petroleum Ministry sign Employee Development Agreement

Posted: March 14, 2019 at 10:24 pm   /   Oil & Gas

Halliburton Company has signed a Memorandum of Understanding (MOU) with the Egyptian Ministry of Petroleum & Mineral Resources (MoP) to support a specialized development program for Egypt’s middle management and young professional employees. The MOU, which aligns with the ministry’s Oil and Gas Modernization Program, is a collaborative agreement under which Halliburton will utilize its […]

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Red Sea

Egypt launches 2019 Bid Round for Red Sea Oil & Gas Exploration

Posted: March 10, 2019 at 2:00 pm   /   Oil & Gas

The Ministry of Petroleum and Mineral Resources of Egypt (M.O.P) invite international qualified and interested companies having the technical and financial capabilities for an International Bid Round to explore and exploit oil and gas in offshore Egyptian Red Sea based on PRODUCTION SHARING AGREEMENT (P.S.A). South Valley Egyptian Petroleum Holding Company (Ganope) is the entity […]

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Vantage

ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt

Posted: March 10, 2019 at 9:14 am   /   Oil & Gas

ADES International Holding has entered a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian sector of the Mediterranean Sea. Vantage’s Tungsten Explorer drillship will drill one firm well under the contract, with an option to drill a further three wells. The initial program is set to take 77 days to […]

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Edison

Edison has four offers for the sale of its upstream division

Posted: March 10, 2019 at 12:11 am   /   Oil & Gas

Four offers are on the table for the upstream oil and gas assets of Edison from Cairn Energy, Energean, Neptune Energy and the group that will be formed from the merger of DEA and Wintershall, Il Sole 24 Ore said. (Source: Reuters)

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DEA GOS

Concessions extended in Egypt: New Gulf of Suez investment for DEA

Posted: March 7, 2019 at 3:27 pm   /   Oil & Gas

Concessions extended in Egypt – New investment for DEA in the Gulf of Suez. New concession agreement signed at Ministry of Petroleum  Focus on unexploited potential of Ras Budran and Zeit Bay fields Improvement of sustainability through well workover and infrastructure integrity  DEA has extended its concessions for the Ras Budran and Zeit Bay oil […]

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Midor

Work proceeds on Egypt’s Midor refinery expansion – TechnipFMC

Posted: March 7, 2019 at 3:17 pm   /   Oil & Gas

TechnipFMC PLC has completed remaining conditions required to enable work to begin on an earlier awarded contract let by the Egyptian government for delivery of engineering, procurement, and construction services related to the modernization and expansion of state-owned Middle East Oil Refinery Co.’s (Midor) 115,000-b/d refinery in El Amreya Free Zone, near Alexandria, Egypt. Valued […]

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