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Egypt’s shift to deepwater (Interview with Hugh Fraser, Partner at Andrews Kurth Law Firm Egypt)

Posted: April 2, 2016 at 3:38 pm   /   Oil & Gas

Hugh Fraser, a partner at Andrews Kurth law firm, talks to TOGY about the forces shaping demand for legal advice in Egypt’s energy market, the vital role joint ventures play in the Middle East’s oil and gas industry and the challenges facing providers of legal services throughout the hydrocarbons value chain. The Texas-headquartered company has […]

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Video: Eni’s plans to strengthen its position in Europe’s gas market

Posted: April 1, 2016 at 7:50 pm   /   Oil & Gas

In light of Eni’s recent supergiant gas discovery at its Zohr Prospect in the Egyptian offshore, we asked Maria Rita Galli, SVP Portfolio strategy at ENI, to discuss her company’s activities in Egypt and in the Levant basin as well as Eni’s plans to develop its position in the European gas market. (Source: dmg events)

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Video: How a drilling operation is carried out (Total)

Posted: April 1, 2016 at 2:00 pm   /   Oil & Gas

When a potential deposit has been identified, exploration drilling is carried out. A drill bit bores 2,000 to 4,000 meters or even deeper into the Earth’s subsurface. Drilling mud, core samples and logging (physical measurements) are examined to get a better picture of the deposit’s configuration. Several wells need to be drilled before deciding if […]

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Aker Solutions to Provide Global Subsea Engineering Services to BP

Posted: March 29, 2016 at 6:52 pm   /   Oil & Gas

Aker Solutions secured a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services, asset integrity management and operations support. “We are delighted to partner with BP […]

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Video: How Vega Oil Offshore Platform Works (Edison)

Posted: March 29, 2016 at 10:00 am   /   Oil & Gas

Vega oil field is located in the Sicilian Channel, 20 km south of Pozzallo (Italy). In production since 1987, Vega platform was developed with 24 wells, and located in 130 metres of water. The platform can process 60,000 barrels of oil per day. Close to Vega platform there’s a floating storage and offloading tanker (Leonis) […]

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WorleyParsons lands Project Management Consulting project for Assiut Refinery

Posted: March 27, 2016 at 3:13 pm   /   Oil & Gas

WorleyParsons is pleased to announce that it received last week a Letter of Award from a new customer, Assiut Oil Refining Company (ASORC), a subsidiary of the main NOC Egyptian General Petroleum Corporation (EGPC), for work on the Assiut refinery in Egypt. The contract sees WorleyParsons establishing a significant new customer relationship with one of […]

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Video: Saipem 10000 – Interviews

Posted: March 25, 2016 at 6:56 pm   /   Oil & Gas

These video interviews were conducted towards the end of 2015 while the Saipem 10000 was at the port of Genova for maintenance and upgrading works, prior to leaving for operations in Egypt. (Source: Saipem)

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Schlumberger Introduces Real-Time Downhole Flow Measurement Service

Posted: March 25, 2016 at 3:49 pm   /   Oil & Gas

ACTive Q service delivers fluid velocity measurements to expand coiled tubing downhole monitoring capabilities. Schlumberger introduced the ACTive Q* CT real-time downhole flow measurement service, which delivers real-time injection diagnostics and treatment evaluation in just one run in a well. “Fluid injection monitoring and placement often requires customers to reach conclusions through trial and error […]

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Only 4 Days Left for the SPE Symposium: Cyber Security & Business Resilience for the Oil & Gas Industry Taking Place in Dubai

Posted: March 25, 2016 at 3:40 pm   /   Oil & Gas

The SPE Symposium: Cyber Security and Business Resilience for the Oil and Gas Industry is organised by the Society of Petroleum Engineers and will be held at the Sofitel Jumeirah Beach Residence, Dubai, from 29–31 March 2016. An opening keynote speech on “Cyber Protection and Security Operations” will be delivered by Abdulrahman E. Muagle, Chief […]

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Standard & Poor's, Moody's reduce Eni's rating

Posted: March 25, 2016 at 2:18 pm   /   Oil & Gas

Rating agency Standard & Poor’s lowered Eni’s long-term corporate credit rating to ‘BBB+’, outlook Stable, from ‘A-‘ with CreditWatch with negative implications. Standard & Poor’s confirmed the ‘A-2’ short term credit rating. The rating action has been adopted mainly following the reduction of the oil prices assumed by Standard & Poor’s within its evaluations. Rating […]

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