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Oil & Gas

IPR Energy Group Announces Major Find in Alamein, Western Desert, Egypt

Posted: August 16, 2023 at 3:09 pm   /   Oil & Gas

Texas-based IPR Energy Group (IPR) is pleased to announce a major find in the Alamein/Yidma Concession, where IPR holds a 100% Working Interest.  This unprecedented find encountered 27 ft of net pay in the Lower […]

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TWMA awarded $15m contract by bp for WND, END Projects in Egypt

Posted: August 16, 2023 at 3:03 pm   /   Oil & Gas

TWMA has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The drilling waste management specialist will utilise its award-winning RotoMill drill cuttings […]

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Joint Venture of Wintershall Dea and EGAS First to Achieve Zero Routine Flaring in Egypt

Posted: August 3, 2023 at 11:04 pm   /   Oil & Gas

Wintershall Dea’s and EGAS’ DISOUCO Joint Venture achieves a ‘first’ for the upstream industry in Egypt Achievement follows October 2022 letter of intent for emission reduction Another step forward for Wintershall Dea’s Energy Transition Pathway […]

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ExxonMobil Egypt Celebrates Kafr Elsheikh University’s Triumph in Enactus Egypt’s National Competition

Posted: August 3, 2023 at 10:52 pm   /   Oil & Gas

ExxonMobil Egypt joined the final round of Enactus Egypt’s annual national competition, bringing together 1300 students. Kafr Elsheikh University Enactus Team was announced as the national champion of this competition with the project “Hermetia” for […]

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Wintershall Dea Q2 2023: progress against diversification and decarbonisation strategy

Posted: August 3, 2023 at 10:49 pm   /   Oil & Gas

In a media roundtable today, Wintershall Dea CEO Mario Mehren reported the company’s operational and financial results from the second quarter.   The company reported stable production at 322,000 barrels of oil equivalent per day […]

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ExxonMobil Egypt Signs Collaboration Agreement with Opel Agent Mansour Automotive

Posted: July 18, 2023 at 11:43 am   /   Oil & Gas

ExxonMobil Egypt Signs a Collaboration Agreement with Mansour Automotive, Opel Exclusive agent in Egypt to Supply Opel with Premium Lubricants ● Askar: We take great pride in our new collaboration with Mansour Automotive and Opel […]

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Shell, Partners to Develop Phase 10 in Egypt’s West Delta Deep Marine (WDDM) Concession

Posted: July 6, 2023 at 8:16 pm   /   Oil & Gas

Development of tenth phase of WDDM concession to commence in Q4/2023, with first gas output expected in 2024 Shell Egypt (BG Delta Limited) a subsidiary of Shell plc., and its partners; the Egyptian Natural Gas […]

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Eni to acquire Neptune Energy, with Norway assets going to Var, in $4.9bn deal

Posted: June 23, 2023 at 3:49 pm   /   Oil & Gas

Italian supermajor Eni’s takeover of Neptune Energy – a deal that has been rumoured for months – has officially been confirmed. A sale and purchase agreement has been formally agreed between the two groups, with Eni-owned Var […]

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Italian oil major Eni resumes talks to acquire Neptune Energy

Posted: June 8, 2023 at 10:36 am   /   Oil & Gas

The Italian major first approached Neptune looking for a buyout in December last year. Italian oil major Eni has resumed talks to acquire independent producer Neptune Energy, after a first round of discussions over a […]

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Egypt’s EGX Approves Listing of TAQA Arabia’s Shares with EGP 676,176,900 Capital

Posted: June 5, 2023 at 11:14 am   /   Oil & Gas

The Egyptian Exchange’s (EGX) listing committee approved listing the shares of TAQA Arabia, the full-service energy and utility provider in Egypt, with an issued capital of EGP 676,176,900 A total of 1,352,353,800 shares at a […]

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