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Oil & Gas

OneSubsea Awarded Contract for BP West Nile Delta Taurus Libra Development

Posted: April 24, 2015 at 7:26 pm   /   Oil & Gas

OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. The subsea systems scope of supply includes […]

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Eni reports record level of oil production in the Western Desert

Posted: April 21, 2015 at 8:30 pm   /   Oil & Gas

In just three years, the company has doubled production in the Western Desert, reaching 70 thousand barrels of oil per day. Eni reached a record level of production of 70 thousand barrels of oil per […]

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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 […]

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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, […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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