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Oil & Gas

Circle Oil agrees to extend IFC repayments, says payments from Egypt continue to be "unpredictable"

Posted: June 27, 2016 at 8:19 pm   /   Oil & Gas

Egypt-focused Circle Oil plc announced Friday that International Finance Corporation (IFC) has agreed to extend the suspension of the December 2015 redetermination and any repayments due under its Reserve Based Lending facility until July 22. […]

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Shell plans drilling of 33 wells in BAPETCO concessions in 2016/2017

Posted: June 26, 2016 at 8:18 pm   /   Oil & Gas

Dutch company Shell targets drilling 33 wells in its concession areas that are operated by Badr El Din Petroleum Company (BAPETCO) during the next fiscal year (FY). The plan includes 19 wells to develop gas […]

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shale

"The Safety of Shale Gas" by Benjamin Plackett (from Eniday.com)

Posted: June 25, 2016 at 4:41 pm   /   Oil & Gas

One of the biggest controversies surrounding shale gas as an energy source is whether or not chemicals seep into the water table. A test has been developed by researchers at the University of Edinburgh to […]

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apache signing

Apache extends Western Desert oil drilling for five years with $40m investment

Posted: June 24, 2016 at 8:02 pm   /   Oil & Gas

American wildcat oil and gas exploration firm Apache Corporation has agreed a five-year extention to its Khalda-2 drilling concession in the Western Desert, with an expected investment of US$40 million. The agreement was signed by […]

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Video: Travels with my toothbrush (Total)

Posted: June 24, 2016 at 4:18 pm   /   Oil & Gas

Everyone has one – but how many of you know where your toothbrush comes from? Stephane’s been finding out where everyday objects like your toothbrush come from as part of our Total Up Close campaign […]

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Infographic: Travels with my toothbrush (Total)

Posted: June 24, 2016 at 4:17 pm   /   Oil & Gas

From geophysicists to economists, many people are involved in the production of everyday items like your toothbrush. Check out this infographic to see a selection of the key roles at every stage of the processes. […]

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Young ADIPEC announces partnership with Abu Dhabi Education Council

Posted: June 22, 2016 at 4:16 pm   /   Oil & Gas

• Community Outreach Programme Supports Government Efforts to Prepare Today’s Youth for New Energy Landscape. • 450 Students from 18 Schools Across Abu Dhabi City, Al Ain, and the Western Region to Participate. Young ADIPEC, […]

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Independent Resources now formally registered with EGPC

Posted: June 21, 2016 at 8:22 pm   /   Oil & Gas

Independent Resources is pleased to announce that our 50 per cent owned associate Independent Resources Egypt Limited (‘IRE’) has now received security clearance from the Egyptian authorities and is formally registered with the Egyptian General […]

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OneSubsea lands Zohr subsea production systems contract

Posted: June 21, 2016 at 4:16 pm   /   Oil & Gas

FasTrac program for strategic gas development in Mediterranean region. OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply […]

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BP sanctions “fast-track” development of Atoll discovery in Egypt

Posted: June 20, 2016 at 4:52 pm   /   Oil & Gas

BP announced today that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project which is an early production scheme that will bring up to 300 […]

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