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Oil & Gas
Wintershall Dea

Wintershall Dea sets climate targets: Net Zero Emissions by 2030

Posted: November 23, 2020 at 2:19 pm   /   Oil & Gas

Net zero upstream activities by 2030.Methane intensity of total gas production to be reduced to 0.1 per cent by 2025.Around €400 million investment in energy efficiency, strict emissions management, technology development, portfolio optimization and nature-based mitigation […]

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Wintershall Dea

Wintershall Dea announces its Q3 2020 Results: Building operational, strategic momentum

Posted: November 23, 2020 at 1:53 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its third quarter 2020 results. Mario Mehren, Wintershall Dea Chairman & CEO, says: “While our immediate focus has been on managing the impact of […]

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Siemens_Linde

Siemens Energy, Linde partner on decarbonization in petchem sector 

Posted: November 22, 2020 at 1:05 pm   /   Oil & Gas

Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts in the petrochemical sector  Decarbonization requires partnership; Linde Engineering and Siemens Energy will explore how renewable technologies and energy storage can be leveraged to support […]

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Digital_Twin

DNV GL issues recommended practice on oil & gas digital twins

Posted: November 18, 2020 at 8:24 pm   /   Oil & Gas

DNV GL has published a recommended practice (RP) to the oil and gas industry on digital twins. DNVGL-RP-A204: Qualification and assurance of digital twins, provides advice on assessing whether a digital twin will deliver to […]

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aramco lta-contractors

Saudi Aramco signs long-term contractor agreement with Enppi

Posted: November 18, 2020 at 8:20 pm   /   Oil & Gas

Aramco awards major Long-Term Agreements to eight companies for its oil and gas brownfield projects Eight companies have been awarded Long-Term Agreements (LTAs). These agreements are for a six-year base period and extendable for an […]

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gastec

GASTEC to establish 400 new Natural Gas Stations in next 2 years

Posted: November 14, 2020 at 12:50 pm   /   Oil & Gas

Natgas auto conversion plans: Sherdy interviewed Abd El Fattah Farhat, the head of the Egyptian International Gas Technology Company (GASTEC), who said that the government plans to convert 264k cars to run on natural gas […]

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Atoll

BP announces gas production startup at Atoll-4, Qattameya fields

Posted: November 10, 2020 at 2:44 pm   /   Oil & Gas

BP announced 2 important gas production startup milestones: Qattameya gas field in the North Damietta offshore concession, in which bp holds 100% equity in the concession located in Egypt’s East Nile Delta. It is expected […]

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Cabinet-meeting-4-Nov-2020

Egypt’s Cabinet approves three E&P Agreements with Eni, BP, Enpedco

Posted: November 5, 2020 at 12:28 pm   /   Oil & Gas

Three bills that authorize the Oil Ministry to sign oil exploration contracts earned cabinet signoff. IEOC, Eni’s joint venture with the EGPC, and Russian firm Lukoil will explore and develop the Meleiha concession in the […]

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Egypt’s Upstream Gateway a quantum leap in attracting investments – Molla

Posted: October 29, 2020 at 1:06 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources, Tarek El Molla, held a meeting with the Executive Committee of the Egypt’s Upstream Gateway (EUG) project to follow up the progress of implementing the project, which is the first of its […]

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UK

UK companies explore energy opportunities in the Egyptian market

Posted: October 29, 2020 at 1:00 pm   /   Oil & Gas

UK-Scottish companies explore business opportunities in Egypt as the country transitions to net zero. The UK Department for International Trade (DIT), in partnership with the Scottish Development International (SDI) organised the first virtual energy event […]

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