3:13 pm ADES concludes deal with Nabors for three jackup rigs
3:06 pm Sidpec, Honeywell UOP sign contract for polypropylene plant
3:02 pm Qalaa’s ERC refinery fires up boilers after connecting gas, power
2:39 pm Subsea 7 awarded EPCI contract for WDDM Phase 9b offshore Egypt
2:34 pm Delek could invest up to $200 million for access to EMG’s gas pipeline to Egypt
2:34 pm PGS gathering seismic data for Egypt’s West Mediterranean Bid Round in 2019
ADES concludes deal with Nabors for three jackup rigs
ADES International has completed its acquisition of three jackup rigs operating offshore the Middle East from Nabors Industries. Total purchase price was $83 million. The rigs have been renamed Admarine 655, Admarine 656, and Admarine […]
Sidpec, Honeywell UOP sign contract for polypropylene plant
Sidi Kerir Petrochemicals (Sidpec) has signed a licensing agreement with the US-based Honeywell UOP to set up a new polypropylene plant at Sidpec’s complex in Alexandria. The agreement was signed by Sidpec’s chairman Mohamed Abadi […]
Qalaa’s ERC refinery fires up boilers after connecting gas, power
ERC begins running boilers after connecting refinery with power and gas: Qalaa Holdings’ Egyptian Refining Company (ERC) has begun running the USD 4.3 billion Mostorod refinery’s boilers, Qalaa said in a regulatory filing on Wednesday. The […]
Subsea 7 awarded EPCI contract for WDDM Phase 9b offshore Egypt
Subsea 7 announced today the award of a sizeable(1) engineering, procurement, installation and commissioning contract by Burullus Gas Company for the West Delta Deep Marine Phase 9b development project, offshore Egypt. The scope includes connecting […]
Delek could invest up to $200 million for access to EMG’s gas pipeline to Egypt
Israel’s Delek could invest up to USD 200 million to gain access to EMG’s subsea natural gas pipeline to Egypt’s Sinai: Shareholders in Israel’s Delek Group will meet on 1 July to vote on investing […]
PGS gathering seismic data for Egypt’s West Mediterranean Bid Round in 2019
PGS to gather seismic data for Egyptian frontier licensing round. Oslo-listed player to acquire 2D and 3D data in West Mediterranean ahead of licensing exercise. Oslo-listed Petroleum Geo-Services (PGS) is set to acquire further seismic […]
Thyssenkrupp eyes work on 5 refining, petrochemicals projects in Egypt
Egyptian Petroleum Minister Tarek El-Molla has met with the Chairman of the German-Arab Chamber of Industry and Commerce (GACIC) Ulrich Hermann and representatives of German multinational conglomerate ThyssenKrupp. ThyssenKrupp is willing to collaborate with the […]
SolstadFarstad PSV wins BP Egypt one-year assignment
SolstadFarstad has won various contracts for its platform supply vessel (PSV) fleet, adding more than 2,500 vessel working days to the company’s backlog. These are as follows: Maersk Oil North Sea has contracted four PSVs […]
MIDOR, Technip sign $1.7 billion contract for refinery expansion
The project aims at increasing petroleum products, in addition to raising the refinery’s capacity to 175,000 barrels per day. Middle East Oil Refinery (MIDOR) and France-based Technip Company have signed a contract for refinery project […]
Egypt has fourth largest remaining ultra-deepwater natural gas reserves
Egypt is one of the ten countries in the world with the largest remaining ultra-deepwater natural gas reserves, with around 18,852 bcf ready to be economically recovered, according to GlobalData Energy. Ultra-deepwater gas production set […]
