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IPP

Egypt’s Renewable Energy IPP Model – by Shehata & Partners Law Firm

Posted: September 22, 2019 at 12:41 pm   /   Renewables

In Egypt, an independent power plant (“IPP“) may, subject to applying for and successfully being granted a generation license, sell electricity to private consumers under two different schemes; the net-metering scheme and the wheeling scheme. Both schemes are regulated by EgyptERA and involve the relevant network operator, being the relevant DisCo, or EETC (concerning the […]

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LightsourceBP

Lightsource BP eyes projects worth $8 billion amid expansion plans

Posted: September 22, 2019 at 12:34 pm   /   Renewables

BP’s solar energy arm eyes $8 billion worth of projects amid expansion plans. Lightsource BP, in which the major took a 43 per cent stake in 2017 eyes possible expansion in China and Australia – Lightsource BP chief executive Nick Boyle said he was targetting 10GW capacity build-up by 2023. Lightsource, the solar arm of […]

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LNG

Egyptian LNG to return to full operation – Petroleum Economist

Posted: September 22, 2019 at 12:27 pm   /   Oil & Gas

One of Egypt’s two liquefaction plants will back to full operation next month. The 7.2mn t/yr Egyptian LNG (ELNG) facility will return to 100pc of nameplate capacity next month, the firm’s senior optimisation manager Tamer Abdelsalam told the Gastech conference in Houston. It is currently operating at 90pc capacity. Full output is a far cry […]

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AI

Schlumberger, Chevron, Microsoft launch AI platform for the oil field

Posted: September 21, 2019 at 3:26 pm   /   Oil & Gas

Schlumberger, Chevron and Microsoft have launched a cloud-based artificial intelligence platform to improve a digital services in the oil field. The companies issued a joint statement from the SIS Global Forum in Monaco announcing the launch of DELFI, a cloud-based platform loaded with software for exploration, development, production, storage tanks and pipeline projects. “Never before […]

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Eni

Eni starts production of Baltim SW field offshore Egypt in record time

Posted: September 18, 2019 at 12:33 pm   /   Oil & Gas

Eni successfully started-up production from the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time. It lies within the Great Nooros area in which Eni first recognised great gas production potential and where it is conducting other new exploration projects. Eni announces the […]

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SDX

SDX Energy announces successful MSD-19 well in West Gharib Concession

Posted: September 18, 2019 at 12:28 pm   /   Oil & Gas

SDX Energy, the North Africa focused oil and gas company, has announced that the MSD-19 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator) has encountered a commercial oil accumulation. The well was drilled to a total depth of 4,665 feet and encountered approximately 135 feet of net […]

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GAIA

WesternGeco, IHS Markit enter strategic collaboration on E&P data

Posted: September 17, 2019 at 11:19 am   /   Oil & Gas

WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions. The two companies will combined their data, technology and expertise on exploration and production (E&P) and make this available through the GAIA digital subsurface platform. WesternGeco launched GAIA to […]

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Egypt-USA

US support for Egypt’s position as East Med regional gas export hub

Posted: September 15, 2019 at 3:30 pm   /   Oil & Gas

US Deputy Energy Secretary Dan Brouillette was in town last Thursday to launch the US-Egypt Strategic Energy Dialogue with Oil Minister Tarek El Molla and the head of the Electricity Holding Company Gaber El Dessouky. Brouillette unveiled details of the initiative, and discussed regional energy issues and Egypt’s role in the East Mediterranean with a […]

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Egypt USA

Egypt and United States of America Launch Strategic Energy Dialogue

Posted: September 15, 2019 at 2:12 pm   /   Oil & Gas

Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker and U.S. Deputy Secretary of Energy Dan Brouillette launched the U.S.-Egypt Strategic Energy Dialogue, which will facilitate closer government and private sector cooperation on energy between the United States and Egypt. The Strategic Energy Dialogue between the […]

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Red Sea

Egypt’s Offshore Red Sea Oil & Gas exploration Bid Round closes today

Posted: September 15, 2019 at 1:57 pm   /   Oil & Gas

The Red Sea oil and gas exploration tender ends today, with bids from major oil producers expected to be announced later. Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total have all reportedly bidding for 10 oil and gas exploration blocks off the Red Sea coast under a new production sharing contract, which were tendered […]

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