Newsletter subscribe
Oil & Gas
East Med Gas

The Challenges Facing Eastern Mediterranean Gas, by Amira El-Mazni

Posted: November 26, 2019 at 2:18 pm   /   Oil & Gas

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. […]

No Comments read more
SOPC

Suez Oil Refinery in Egypt lent $50 million for energy efficiency upgrades

Posted: November 26, 2019 at 11:47 am   /   Oil & Gas

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 […]

No Comments read more
Noble-Energy

Egypt signs $430m natural gas deal with Noble Energy at Africa Investment Forum

Posted: November 25, 2019 at 3:18 pm   /   Oil & Gas

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 […]

No Comments read more
Nile Delta

Eni to bring third Baltim South West well online by the end of the year

Posted: November 25, 2019 at 3:10 pm   /   Oil & Gas

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 […]

No Comments read more
encardio-rite

Encardio-Rite Group brings world class geotechnical instrumentation to Africa under Lagtib Hassan

Posted: November 22, 2019 at 2:14 pm   /   Oil & Gas

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, […]

No Comments read more
FPSO

Energean signs Gas Sales and Purchase Agreement with MRC

Posted: November 21, 2019 at 7:28 pm   /   Oil & Gas

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 […]

No Comments read more
PAS Leonardo

PAS adds sixth Leonardo helicopter for offshore operations in Egypt

Posted: November 20, 2019 at 1:54 pm   /   Oil & Gas

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 […]

No Comments read more
TransGlobe Western Desert

Nostra Terra to exit East Ghazalat concession in dispute settlement

Posted: November 20, 2019 at 1:45 pm   /   Oil & Gas

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 […]

No Comments read more
pr-chart-1-fields-on-offer

Rystad Energy: Supermajors’ global asset sales could reach $27 billion

Posted: November 19, 2019 at 3:17 pm   /   Oil & Gas

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 […]

No Comments read more
Shell

Shell appoints Citi for $1 billion sale of Egypt Western Desert assets

Posted: November 17, 2019 at 12:55 am   /   Oil & Gas

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 […]

No Comments read more