3:58 pm TGS, AustinBridgeporth to acquire World’s Highest Resolution Gravity Data over Egypt
3:42 pm Egypt, USTDA sign $690K deal to fund feasibility study of petchem development
3:37 pm El Molla meets with BP’s Bernard Looney to discuss gas projects
12:42 pm Egypt’s NREA reviews Vestas’ bid for 250 MW Ras Ghareb wind plant
12:39 pm IPTC Receives Patronage of HRH Prince Mohammed Bin Salman Bin Abdulaziz
1:31 pm United Oil & Gas raises $6.3 million to fund Rockhopper Egypt acquisition
The Challenges Facing Eastern Mediterranean Gas, by Amira El-Mazni
Gas has been discovered in the East Mediterranean for a decade, yet most remain undeveloped. This article reviews these discoveries and share some risks & various technical, commercial & political challenges facing their full development. […]
Suez Oil Refinery in Egypt lent $50 million for energy efficiency upgrades
A London-based bank is supporting the modernisation of Egypt’s oil industry with a $50 million (£39m) loan to support energy efficiency investments at a refinery. Suez Oil Processing Company (SOPC) will use the grant from […]
Egypt signs $430m natural gas deal with Noble Energy at Africa Investment Forum
Egypt signs energy accords at conference in new capital. Egypt said it had signed several energy accords at a conference in its partially built new capital on Saturday, including a $430-million deal for Texas-based Noble […]
Eni to bring third Baltim South West well online by the end of the year
Eni will link the third well in its Baltim South West field to the national grid by the end of the year, a source in the oil sector told the local press. This will raise […]
Encardio-Rite Group brings world class geotechnical instrumentation to Africa under Lagtib Hassan
Geotechnical Monitoring and Instrumentation giant, Encardio-Rite Group, expands its operations to Africa with Lagtib Hassan leading from the front as the Executive, Business Development. Lagtib Hassan with a degree from Mohammadia Engineering School (EMI, Rabat, […]
Energean signs Gas Sales and Purchase Agreement with MRC
GSPA signed with MRC: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that Energean Israel and MRC Alon Tavor Ltd. (“MRC”) have signed a Gas […]
PAS adds sixth Leonardo helicopter for offshore operations in Egypt
Petroleum Air Services (PAS) adds sixth Leonardo AW139 helicopter for offshore transport operations in Egypt. Italian helicopter supplier Leonardo has informed that Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter […]
Nostra Terra to exit East Ghazalat concession in dispute settlement
Nostra Terra Oil & Gas subsidiary Nostra Terra Inc (NTI) has agreed to hand over its 50% non-operating stake in the Egyptian East Ghazalat concession to North Petroleum International Company in order to settle an […]
Rystad Energy: Supermajors’ global asset sales could reach $27 billion
The supermajors are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment. These companies are actively shedding mature assets on a massive scale in a bid […]
Shell appoints Citi for $1 billion sale of Egypt Western Desert assets
Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. The sale process […]
