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Oil & Gas
Dana Gas

UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets

Posted: July 29, 2019 at 3:38 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources familiar with the matter […]

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Pyramids

Egypt reportedly considering new LNG facility in Sinai for Asian exports

Posted: July 29, 2019 at 3:33 pm   /   Oil & Gas

Egyptian and Israeli authorities are reportedly considering building a USD 15 bn natural gas liquefaction facility on the Red Sea coast in Sinai to drive liquefied natural gas (LNG) exports into Asia from both countries, […]

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EMGF

East Med states reiterate need for cooperation during EMGF gas forum

Posted: July 28, 2019 at 2:10 pm   /   Oil & Gas

East Mediterranean states agree they need to step up on developing the regional gas market and incentivize the private sector: Energy ministers from Eastern Mediterranean states vowed to increase cooperation over developing the region’s gas […]

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Egypt US

Egypt signs cooperation MoU with the US Department of Energy

Posted: July 28, 2019 at 2:03 pm   /   Oil & Gas

Egypt’s Ministry of Petroleum and Mineral Wealth and Ministry of Electricity and Renewable Energy signed on Thursday with the US Department of Energy a memorandum of understanding on cooperation in the field of energy. The […]

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Carbon Holdings

Contractors to start work on Carbon Holdings’ Tahrir Petrochemicals Complex

Posted: July 27, 2019 at 8:11 pm   /   Oil & Gas

Contractors to start work on Egypt’s biggest ever petrochemicals plant. Tahrir Petrochemicals Complex – work expected to start on $10.9 billion project. The main contractors are expected to start work on Egypt’s biggest ever petrochemicals […]

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Red Sea

TGS provides update on Egypt’s Offshore Red Sea 3D Seismic Survey

Posted: July 26, 2019 at 11:58 pm   /   Oil & Gas

TGS progressing multiple 3D basin-wide surveys: TGS has provided updates on its current offshore geoscience campaigns. During 2Q, the company continued its SeaSeep project in the MSGBC basin off northwest Africa. This will cover around […]

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LNG

Egypt’s gas exports through Idku LNG plant increase to 750 mmcf/d

Posted: July 24, 2019 at 1:29 pm   /   Oil & Gas

The quantities of gas exported through Idku have increased after linking 250 mmcf/day of the Giza and Fayoum fields to the local production: source. The Egyptian Natural Gas Holding Company (EGAS) estimated the quantities of […]

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Peterson

Peterson, Pan Marine team up to support deepwater Merak well offshore Egypt

Posted: July 24, 2019 at 1:20 pm   /   Oil & Gas

Egypt-based Pan Marine and energy logistics provider Peterson have joined forces in the Egyptian market and their first contract was for the provision of supply base management in Abu Qir to end client Dana Gas. […]

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Eni

Eni starts production from Western Desert, announces new discoveries onshore Egypt

Posted: July 23, 2019 at 11:05 pm   /   Oil & Gas

Eni starts output onshore Egypt: Italian player kicks off production from the Western Desert. Italian player Eni has started production from its fields in the Western Desert, onshore Egypt. The company said on Tuesday that […]

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WintershallDEA

Wintershall Dea committed to Egypt, investment led to production boost

Posted: July 23, 2019 at 1:08 pm   /   Oil & Gas

Recent merger of Wintershall and DEA formed Europe’s leading independent gas and oil company.Investments in the company’s Egyptian oil and gas business lead to production boost. In early 2018, Wintershall Dea announced the start of […]

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