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Oil & Gas

Kuwait holds talks with Petroleum Ministry to refine oil in Egypt

Posted: June 19, 2016 at 9:12 pm   /   Oil & Gas

A delegation from Kuwait Petroleum Corporation (KPC) had talks with the Egyptian petroleum minister over the possibility of refining the Kuwaiti oil in Egyptian refineries, according to a statement issued on Friday. The studies included […]

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Video: GE Oil & Gas – Bringing collaborative robots to the subsea industry

Posted: June 19, 2016 at 8:50 pm   /   Oil & Gas

We are hard at work creating the Brilliant Factories of the future. By combining our experts’ deep domain knowledge of subsea applications with expertise in the world of intelligent machines, we are introducing next generation, […]

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ICC tribunal assignment spells success for Egyptian EGAS

Posted: June 18, 2016 at 5:08 pm   /   Oil & Gas

An ICC tribunal has rejected claims for contractual penalties worth more than US$270 million plus interest against Egypt’s state-owned natural gas supplier EGAS, finding that the claimant had assigned all its rights under a gas […]

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ABO: Egypt dreams of new pipelines crossing the Red Sea

Posted: June 18, 2016 at 4:21 pm   /   Oil & Gas

The latest agreement between the government of Cairo and Aramco is just one of the pieces that make up Egyptian strategy, created to transform the country into a regional energy hub. The aim is ambitious […]

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Bloomberg: Egypt exports rare LNG cargo to Japan in midst of newfound buying binge

Posted: June 18, 2016 at 4:21 pm   /   Oil & Gas

• Japan’s Tohoku Electric says it buys cargo loaded from Egypt. • Egypt exports second LNG cargo this year after halt in 2015. One of the world’s newest liquefied natural gas importers is again shipping […]

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Details of Apache lawsuit against its former Egypt executive emerge

Posted: June 16, 2016 at 9:56 pm   /   Oil & Gas

According to court documents obtained by Energy Egypt, former head of Apache’s Egypt operations, Mr. Tom Maher, allegedly arranged meetings between Apex CEO Roger Plank and the Egyptian Minister of Petroleum Tarek El-Molla, and between […]

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Video: Liquefied Natural Gas LNG value chain (ExxonMobil)

Posted: June 16, 2016 at 9:42 pm   /   Oil & Gas

An animation describing the full LNG value chain of production, liquefaction, transportation, and regasification. (Source: ExxonMobil)

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Egypt stands out in IEA's Africa Gas Outlook

Posted: June 16, 2016 at 9:38 pm   /   Oil & Gas

Both supply and demand average growth rates for African gas will exceed world average growth of 1.5%/yr between 2015 and 2021, forecast the IEA’s 2016 world Medium Term Gas Market Report (MTGMR), released last week. […]

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Shearman & Sterling achieves significant victory for EGAS

Posted: June 16, 2016 at 9:00 pm   /   Oil & Gas

Shearman & Sterling has achieved a significant victory on behalf of its client, Egyptian Natural Gas Holding Company (“EGAS”), in a legal battle lasting more than three years. On May 24, 2016, an arbitral tribunal […]

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Societe Generale wins advisory mandate for Tahrir Petrochemicals complex in Egypt

Posted: June 16, 2016 at 8:51 pm   /   Oil & Gas

Societe Generale and Tahrir Petrochemicals Corporation S.A.E., owned by Egyptian firm Carbon Holdings Limited, have signed an agreement mandating the bank to serve as financial advisor to the Tahrir Petrochemicals project in Egypt. Tahrir Petrochemicals […]

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