12:10 pm Siemens to modernize offshore jack-up rig for Arabian Drilling Company
12:04 pm Egypt awards TechnipFMC contract for Assiut Hydrocracking Complex
11:52 am United Oil & Gas announces completion of Rockhopper Egypt acquisition
4:02 pm Gaston debuts truck-to-tank gas transfer in Egypt with EGP 150m investment
1:57 pm Dragon Oil to invest $650 mn in Egypt, looks to acquire Western Desert assets
1:36 pm Shell to drill seven wells at Egypt’s WDDM Phase 9B, adding 236 bcf/d of gas
Siemens to modernize offshore jack-up rig for Arabian Drilling Company
German conglomerate Siemens has been awarded a contract by Arabian Drilling Company to modernize an offshore jack-up drilling rig for a customer in the Middle East. Siemens said that the upgrade of the rig’s integrated […]
Egypt awards TechnipFMC contract for Assiut Hydrocracking Complex
Egyptian refiner advances grassroots hydrocracking complex: Assiut National Oil Processing Co. has let a contract to a consortium of Engineering Co. for Petroleum & Chemical Industries, Petroleum Projects & Technical Consultation Co., and TechnipFMC for […]
United Oil & Gas announces completion of Rockhopper Egypt acquisition
United Oil & Gas, the AIM listed oil and gas exploration and development company, has announced the satisfaction of the regulatory conditions attached to its proposed acquisition of Rockhopper Egypt, which holds a 22% interest […]
Gaston debuts truck-to-tank gas transfer in Egypt with EGP 150m investment
Gaston for Compressed Natural Gas, a subsidiary of Saad El Din Group, began implementing the first phase of a government plan to transfer natural gas across the country using tankers instead of pipelines, which would […]
Dragon Oil to invest $650 mn in Egypt, looks to acquire Western Desert assets
Dragon Oil to invest USD 650 million in Egypt over the next five years: UAE-based oil and gas company Dragon Oil plans to invest an additional USD 650 million in Egypt over the next five […]
Shell to drill seven wells at Egypt’s WDDM Phase 9B, adding 236 bcf/d of gas
The drilling of seven wells at West Delta Deep Marine (WDDM) phase 9B is set to produce initial reserves of 236 billion cubic feet of gas, a statement by the oil ministry said. Sabry El-Sharkawy, […]
Tech Giants Google, Microsoft, Amazon enter Oil Business using AI Machine Learning
Big tech has entered the oil business: Google, Microsoft, and Amazon are keen to market themselves as leaders in energy-saving initiatives. But the same machine learning technology these companies use to reduce dependence on fossil […]
Oman hosts SPE’s ESP Symposium with Opening Address by HE Salim Al Aufi, Ministry of Oil & Gas
The Society of Petroleum Engineers (SPE) brings you the Symposium; ESP Journey to the Future taking place in Muscat, Oman on 19-20 February. Hosted by Petroleum Development Oman and Occidental Oman, it will bring together […]
Egypt agrees with five majors on West Mediterranean exploration
Egypt agrees with five energy firms on exploration in Mediterranean: minister. Egypt has reached initial agreements with five major energy firms to explore for oil and gas in deep waters in off its western coast […]
Egypt hedges against oil price volatility for second year, FM Maait confirms
Egypt has hedged against volatility in global oil prices for a second consecutive year and could do so again, Finance Minister Mohamed Maait said. The North African country took the step “several times in the […]
