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Oil & Gas
Ain Sokhna

Egypt signs agreement for major petrochemical plant in Ain Sokhna

Posted: May 1, 2021 at 1:50 pm   /   Oil & Gas

Egypt launches $7.5bn petrochemical plant in Ain Sokhna: Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion. Egypt has signed an agreement for a major […]

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orc

Siemens Energy & Turboden expand, decarbonize Egypt’s natgas network

Posted: April 28, 2021 at 9:33 pm   /   Oil & Gas

Siemens Energy, together with Turboden, expands and decarbonizes Egypt’s natural gas transmission network. Siemens Energy, working with Turboden S.p.A., a Mitsubishi Heavy Industries Group Company, has started development on the GASCO Dahshour gas compressor station […]

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Shearwater

Shearwater Geo starts Archer 3D seismic survey offshore Australia

Posted: April 28, 2021 at 9:25 pm   /   Oil & Gas

Shearwater’s Geo Coral vessel has started the Archer 3D seismic survey that will cover the Dorado development and the exploration potential to the south west of the field located in the Bedout Sub-basin offshore Australia. […]

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IPR

IPR Wastani taking Dana Gas to arbitration over cancelled Egypt deal

Posted: April 28, 2021 at 9:20 pm   /   Oil & Gas

IPR Wastani seeks arbitration for cancelled sale of Dana Gas’ Egypt assets: IPR Wastani Petroleum is filing for arbitration after the UAE’s Dana Gas called off the sale of its oil and gas assets in […]

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Wintershall Dea

Wintershall Dea’s Q1 2021 Results: Record production, strong financial performance

Posted: April 27, 2021 at 10:57 pm   /   Oil & Gas

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its first quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “We entered 2021 with a great deal of operating momentum, allowing […]

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Mubadala

Mubadala Petroleum to buy Delek’s 22% share in Tamar offshore gas field

Posted: April 27, 2021 at 10:41 pm   /   Oil & Gas

Israel’s Delek moves to sell stake in Tamar to UAE’s Mubadala; One of the Israeli natgas fields Egypt imports from could be getting a new shareholder: Israel’s Tamar offshore field, which supplies Egypt with natural […]

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Wintershall Dea

Wintershall Dea announces gas production from WND’s Raven field offshore Egypt

Posted: April 26, 2021 at 11:40 am   /   Oil & Gas

Major milestone achieved with start-up of third phase of West Nile Delta project The fifth field in the offshore project, Raven will significantly boost production of WND Wintershall Dea and operator bp produce gas from Raven, […]

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Dana Gas

Sale talks over Dana Gas’ Egypt assets to IPR Wastani break down

Posted: April 26, 2021 at 11:35 am   /   Oil & Gas

UAE’s Dana Gas walks back on plans to offload Egypt assets: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its Egypt-based onshore oil and gas assets after failing to reach an agreement […]

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Eni

Eni reportedly considering to spin-off West Africa, Middle East assets

Posted: April 24, 2021 at 3:32 pm   /   Oil & Gas

Spinning off operations into new joint ventures could help reduce debt and give capital for funding energy transition plans. Italian energy company Eni is reportedly mulling the separation of its oil and gas businesses in […]

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Energean

Energean plc announces its 2020 Financial and Operating Results

Posted: April 22, 2021 at 2:08 pm   /   Oil & Gas

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce its audited full-year results for the year ended 31 December 2020 (“FY 2020”). Despite the challenges of […]

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