Shearwater GeoServices awarded new 3D survey in Australia’s Otway Basin
Shearwater GeoServices Holding AS (“Shearwater”) is pleased to announce the award of a 3D multisensor marine seismic survey, in the Otway Basin, offshore Australia. “We see a solid, consistent level of activity in Australia where we have multiple projects booked in 2021”, said Irene Waage Basili, CEO of Shearwater. “We observe increasing regional demand for […]
Vostock Capital Global Research Report on Compressor Station Market
The Vostock Capital team has prepared a global research report dedicated to the compressor station market, which presents the following: Trends in the global compressor market Forecast for the global compressor market Global pipeline construction outlook 2021 by region Get a Free Copy of the Report Vostock Capital offers a unique opportunity to virtually visit […]
Lekela’s West Bakr Wind Farm reaches 1 Million Man-Hours without Lost Time Incidents
West Bakr Wind, Lekela’s 250MW project in Egypt, celebrates a new milestone today, as it reaches 1 million hours of work with no Lost Time Incidents (LTIs), i.e., an incident that results in an employee missing work due to an injury. To commemorate this achievement, Lekela celebrated with its workers and subcontractors onsite with the […]
Boove selects Energy Egypt as a Top 20 News Media Platform based in Egypt
Energy Egypt has been nominated as a Top News Media Outlet and Platform Headquartered in Egypt by Boove Online Magazine, an honor to be among 20 other media giants. The list is compiled based on exceptional performance in innovation, growth, management and societal impact. The article can be found here: https://boove.co.uk/these-are-the-top-news-media-outlets-and-platforms-headquartered-in-egypt-2021/ We thank Boove Magazine […]
Wintershall Dea APC: A challenging year. A strong performance.
2020 was a challenging year. Wintershall Dea ended it with a strong operational dynamic in the fourth quarter and is well-positioned for the future. All the background information, reports and media about this year’s Annual Press Conference (APC) 2021. “2020 was undoubtedly a difficult year for everybody and I’m proud of the way that Wintershall […]
Wintershall Dea FY 2020: Strong performance despite difficult environment
In a challenging market environment, Wintershall Dea ended the 2020 fiscal year with strong operational momentum in the fourth quarter. In the fourth quarter of 2020, Europe’s leading independent gas and oil company increased its production to more than 650,000 barrels of oil equivalent per day (boe/d) – the highest level so far since the […]
Egypt, Palestine sign MoU to develop Gaza Marine gas field
Egypt is also set to work with Palestine to develop the Gaza Marine gas field under an MoU EGAS Chairman Magdy Galal signed with Palestine Investment Fund Chairman Mohammed Mustafa yesterday, according to Wafa News Agency. Palestine is one of the founding members of the EastMed Gas Forum. President Mahmoud Abbas received today Egypt’s Minister […]
Hungary to import Egyptian gas once Greek-Bulgarian pipeline is complete
Hungary plans to import Egyptian natural gas once a Greek-Bulgarian pipeline is complete, Hungarian Foreign Minister Péter Szijjártó said at a press conference with Egyptian Foreign Minister Sameh Shoukry yesterday after a meeting on trade, cooperation, and curbing illegal migration to Europe. What does a pipeline to Bulgaria have to do with Hungary? Greece and […]
New ownership agreement for Damietta LNG plant to be signed next month
Dispute that put Damietta LNG in a coma to end next month: It seems possible that the plant will be making regular scheduled shipments starting from next month, as a final agreement to establish a new ownership structure for the Damietta LNG plant is due to be finalized on 15 March, Oil Ministry spokesperson Hamdy […]
Franchisers added to list of potential buyers for Wataniya Petroleum
Franchisers are now on the list of potential buyers for 80-90% of military-owned Wataniya Petroleum, Sovereign Fund of Egypt (SFE) CEO Ayman Soliman told Reuters. The inclusion of franchising as a potential model for the sale came after the fund saw that some markets, including Europe, follow that model. The SFE, which is managing the […]
