Newsletter subscribe
Oil & Gas

Petrojet awarded two projects from Petrofac & GASCO

Posted: April 15, 2015 at 8:17 pm   /   Oil & Gas

Petrojet announced that it has received two separate awards; one from Petrofac, the international oil services provider,  on its Rabigh II project in Saudi Arabia, while the other award is from Abu Dhabi Gas Industries […]

No Comments read more

Kuwait Energy announces oil discovery at Abu Sennan

Posted: April 15, 2015 at 7:50 pm   /   Oil & Gas

Kuwait Energy, an independent oil and gas company with assets across the MENA region, and their main partner, the Egyptian General Petroleum Corporation (EGPC), announced that the exploration well ASH-1ST on the Abu Sennan concession, […]

No Comments read more

Höegh Gallant Floating LNG Terminal arrives at Ain Sukhna

Posted: April 13, 2015 at 10:07 pm   /   Oil & Gas

The Höegh Gallant floating storage and regasification unit (FSRU) from Norway’s Höegh LNG arrived off Ain Sukhna on the Gulf of Suez. Höegh signed a five-year contract with Egyptian Natural Gas Holding Company (EGAS) in […]

No Comments read more

MIDOR & UOP sign two agreements worth $1.4 billion for oil refinery expansion

Posted: April 13, 2015 at 8:49 pm   /   Oil & Gas

Petroleum Minister Sherif Ismail has attended the signing ceremony of two agreements on April 9th between the Middle East Oil Refinery (MIDOR) and the multinational Universal Oil Products (UOP) LLC Company, a unit of a Honeywell […]

No Comments read more

Shell set to acquire BG Group in $70 billion deal

Posted: April 8, 2015 at 7:09 pm   /   Oil & Gas

Royal Dutch Shell announced that it has agreed a deal to acquire BG Group for approximately $70 billion in a deal that would expand the Anglo-Dutch firm’s presence to the majority of the world’s oil […]

No Comments read more

Apache Corporation reports strong results from discoveries in Egypt's Western Desert

Posted: April 1, 2015 at 10:55 pm   /   Oil & Gas

Apache Corporation reported strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert. The initial discoveries were announced with the fourth quarter 2014 results […]

No Comments read more

Delek Group announces signing of gas sale deal by Tamar Partners to Egyptian Group

Posted: March 19, 2015 at 8:00 pm   /   Oil & Gas

Delek Group announced the agreement signed by the Tamar Project partners, including the Partnerships (Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership), and Dolphinus Holdings Limited for the export of natural gas from […]

No Comments read more

Eni signs a $5 billion framework agreement for the development of Egypt's oil and gas resources

Posted: March 17, 2015 at 8:36 pm   /   Oil & Gas

The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the Country while preserving […]

No Comments read more

BP makes second significant gas discovery in Egypt’s East Mediterranean Sea

Posted: March 13, 2015 at 8:04 pm   /   Oil & Gas

BP Egypt announced another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has […]

No Comments read more

BP Finalizes Deal to Develop Egypt’s West Nile Delta Gas Fields

Posted: March 13, 2015 at 8:01 pm   /   Oil & Gas

BP announces the signing of the West Nile Delta project to develop 5 tcf of gas resources and 55 mmbbls of condensates. BP announced that it has signed the final agreements of the West Nile […]

No Comments read more