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Transocean-Discoverer-India

Burullus Gas Company cancels Egypt drillship contract with Transocean

Posted: April 17, 2020 at 8:31 pm   /   Oil & Gas

Transocean says Shell-led consortium to pay early termination fee for drillship deal, but sees other contracts extended: Transocean said that Burullus Gas Company has opted to terminate a rig contract for the drillship Discover India that was to be used off Egypt. Offshore drilling contractor Transocean has received a contract termination for a drillship operating […]

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bp supercomputer

BP’s CHPC supercomputer mobilized to assist in coronavirus research

Posted: April 17, 2020 at 8:23 pm   /   Oil & Gas

BP is joining forces with the US government, universities, and the world’s largest technology companies by providing access to its supercomputer to help researchers halt the spread of COVID-19. The company will donate its supercomputing capability to the public-private consortium formed in March 2020 by the White House’s Office of Science and Technology Policy, the […]

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3D-designs-for-Emergency-ICU-Field-Hospital

KarmSolar, KarmBuild Design ICU Field Hospital to Fight COVID-19

Posted: April 17, 2020 at 8:12 pm   /   Renewables

KarmSolar, KarmBuild Design Emergency ICU Field Hospital to Fight COVID-19. Designs published Open-Source. The Re’ayit Misr (Egypt Care) hospital is an emergency ICU field healthcare facility that adds intensive care capacity to strained healthcare infrastructure fighting COVID-19 The hospital is designed to be built in 10-15 days, even off-grid, using readily available and cost-effective materials […]

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solar

Infinity, Masdar to invest $750 million in clean energy in Egypt and Africa

Posted: April 17, 2020 at 7:58 pm   /   Renewables

Infinity Energy and the UAE’s Masdar are planning to invest USD 750 million in clean and renewable energy in Egypt and other African markets through their new joint venture, Infinity Power, Al Mal reports, citing sources in the know. Infinity Power, which was set up as an equal partnership in January, aims to acquire assets […]

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Eni HPC5

Eni’s HPC5 supercomputer mobilized for Italian COVID-19 response

Posted: April 15, 2020 at 2:42 pm   /   Oil & Gas

Eni has made its supercomputing infrastructure and molecular modeling capability available for coronavirus research. The collaboration is part of the European EXSCALATE4CoV project, led by biopharmaceutical company Dompé, under which institutions and research centers in Italy and other countries in Europe collaborate to identify the safest and most promising drugs for treating the coronavirus. Eni […]

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Midor

Egyptian refiner Midor issues tender to sell 30,000 tonne gasoil cargo

Posted: April 15, 2020 at 2:36 pm   /   Oil & Gas

Egyptian refiner Midor has issued a tender to sell a cargo of gasoil with 0.1% sulphur content in May, according to a document seen by Reuters on Tuesday. The tender is for one 30,000 tonne cargo for loading at the Dekheila port of Alexandria between May 1 to 3. Bids are to be submitted by […]

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Shell

Cheiron, Cairn, Pharos advance in deal for Shell Egypt onshore assets

Posted: April 13, 2020 at 2:21 pm   /   Oil & Gas

Egypt’s East Gas also among companies in second round of bids.  Planned sale is progressing despite the coronavirus pandemic . Cheiron consortium moves to second round of bidding for Shell Egypt onshore assets: A consortium of Cheiron, Pharos Energy and Cairn Energy has moved to a second round of bidding to acquire Shell’s onshore assets in […]

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ADES

Middle East drilling contractor ADES confident despite current crisis

Posted: April 10, 2020 at 9:20 pm   /   Oil & Gas

Drilling contractor ADES International is confident of maintaining its current operations and existing business in the Middle East North Africa region, despite the COVID-19 pandemic and market volatility caused by the current oil price. Drilling contractor ADES International is confident of maintaining its current operations and existing business in the Middle East North Africa (MENA) […]

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Dana Gas

UAE’s Dana Gas confirms delay of its Egyptian assets sale

Posted: April 10, 2020 at 9:14 pm   /   Oil & Gas

Dana Gas confirms its review of potential Egypt asset sale is behind schedule: Dana Gas is still moving head with its review of whether it will sell its onshore and offshore Egypt assets, but the process has been slowed down by the covid-19 pandemic and is currently running behind schedule, the UAE company said a […]

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Karish

Energean upgrades Karish North reserves, first gas expected 2022

Posted: April 10, 2020 at 9:08 pm   /   Oil & Gas

Competent Persons Report certifies 1.2 Tcf (34 Bcm) plus 39 million barrels of gross 2C recoverable resources in Karish North, a 32% uplift on prior estimates. Submission of Field Development Plan Addendum for Karish North: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the completion […]

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