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Oil & Gas
Dana Gas

Dana Gas sells its Egypt Onshore Producing Assets to IPR Energy

Posted: October 25, 2020 at 12:52 pm   /   Oil & Gas

Sale of Dana Gas’ onshore Egypt producing business to IPR Energy Group: Dana Gas PJSC announced that it has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy […]

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shearwater

Shearwater GeoServices awarded new 3D seismic survey in EAME region

Posted: October 24, 2020 at 1:04 pm   /   Oil & Gas

Seismic exploration company Shearwater GeoServices has landed a deal for large 3D seismic acquisition and depth processing. According to the company, the work scope is in the Europe, Africa and Middle East (EAME) region. The […]

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Horus eFTG

AustinBridgeporth: Egypt’s Buried Secrets – The Horus-1 eFTG Survey

Posted: October 17, 2020 at 7:39 pm   /   Oil & Gas

By Mark Davies, and Gary Barnes, AustinBridgeporth (GEO ExPro October 2020 Issue) The first outing of the world’s most sophisticated airborne gravity gradiometer has already yielded fascinating insights into the unexplored Egyptian subsurface. In today’s […]

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wintershall dea brage

Wintershall Dea enters long-term software agreement with Eigen

Posted: October 17, 2020 at 7:25 pm   /   Oil & Gas

Wintershall Dea has signed a long-term agreement with Eigen concerning services and software licenses for the latter’s Ingenuity platform and mobile apps. The German operator will now progress development and roll-out of its ‘Production Technology […]

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Rig

Gas investments in MENA region jump by 29% despite demand shock

Posted: October 17, 2020 at 7:16 pm   /   Oil & Gas

The Arab Petroleum Investments Corporation’s report shows the MENA region’s committed gas investments are set to “hold steady” while planned gas investments are set to reach $126bn this year Planned gas investments in the Middle […]

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Sisi - Eni

President Sisi urges Italy’s Eni to expand its Egypt exploration activities

Posted: October 15, 2020 at 1:17 pm   /   Oil & Gas

Egypt’s president Abdel Fattah El-Sisi met with a delegation from the oil company Eni in Cairo on Monday, 12 October 2020. The president has ordered the petroleum ministry to promote cooperation with the Italian oil […]

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Neptune

Neptune Energy digitalises drilling & wells with Halliburton Cloud Apps

Posted: October 13, 2020 at 7:24 pm   /   Oil & Gas

Neptune Energy announced it will adopt Halliburton’s DecisionSpace 365 well construction suite of cloud applications to consolidate all global drilling and wells activities, improve efficiency and significantly reduce non-productive time, leading to potential annual savings […]

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Petrofac

Petrofac announces Executive Management and Board changes

Posted: October 13, 2020 at 6:59 pm   /   Oil & Gas

Petrofac Limited announced that Ayman Asfari has decided to retire as Group Chief Executive at the end of the year to focus on his family, health and charitable interests. Sami Iskander will join as Deputy […]

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Damietta LNG

Eni: Talks resume on restarting Egypt’s idled Damietta LNG facility

Posted: October 11, 2020 at 12:45 pm   /   Oil & Gas

February deal terminated in April after conditions not met5 million mt/year facility idled since 2012Egyptian LNG exports all but dried up since March Talks focused on finding a new agreement to allow for the restart […]

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APC

EBRD loans Alexandria Petroleum $250 mn for efficiency upgrades

Posted: October 11, 2020 at 12:32 pm   /   Oil & Gas

Egypt’s Alexandria Petroleum going greener with USD 250 million EBRD loan: The European Bank for Reconstruction and Development (EBRD) will provide state-owned Alexandria Petroleum Company (APC) with a USD 250 mn sovereign loan to partially […]

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