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Oil & Gas
SDX

SDX Energy provides update on drilling operations at Ibn Yunus-2 well in Egypt

Posted: July 13, 2021 at 3:46 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, has provided an update on drilling operations at the Ibn Yunus-2 well in the South Disouq Exploration Permit onshore Nile Delta, Egypt (SDX 55% working interest). […]

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Bechtel

Bechtel inks two agreements for Ain Sokhna’s $7.5 bn petchem complex

Posted: July 11, 2021 at 12:29 pm   /   Oil & Gas

Bechtel to lead design + construction of Africa’s largest petrochemicals complex: US construction giant Bechtel will lead the design and construction of the USD 7.5 bn petchem complex being built by the Red Sea National […]

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eni

Eni signs agreement with EEHC, EGAS to produce hydrogen in Egypt

Posted: July 10, 2021 at 12:35 pm   /   Oil & Gas

Eni announces that it has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production […]

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galileo-gastec

Galileo’s equipment helps speed up deployment of CNG stations in Egypt

Posted: July 10, 2021 at 12:33 pm   /   Oil & Gas

As the winner of an international tender, Galileo Technologies will supply Egypt with 500 CNG dispensers and 200 Microbox Core™ MX200 compressor packages. These will equip the service stations of NGVC and GASTEC, two partially […]

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2021 Bid Round Map

Deadline for Egypt’s International E&P Bid Round extended till 30 September

Posted: June 29, 2021 at 8:03 pm   /   Oil & Gas

The deadline for Egypt’s first international oil and gas E&P tender of 2021 will be on 30 September, Oil Minister Tarek El Molla announced during a panel session organized by the American Chamber of Commerce […]

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SDX

SDX Energy starts drilling campaign in South Disouq with spudding of IY-2 well

Posted: June 29, 2021 at 2:18 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of the South Disouq drilling campaign, which will comprise two wells over the next few months. Mark Reid, CEO of SDX, commented: ‘After our […]

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Exxonmobil

ExxonMobil Egypt collaborates with Magdi Yacoub Heart Foundation supporting Nursing Staff Competency

Posted: June 27, 2021 at 8:32 pm   /   Oil & Gas

Towards world-class medical services… ExxonMobil Egypt Collaborates with Magdi Yacoub Heart Foundation Supporting Nursing Staff Competency. Dina El-Gazzar: “The center employs 80% of participants in the training course, and we appreciate ExxonMobil Egypt’s valuable contributions […]

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gasco

GASCO gets $200 mn loan from 8 local banks for Western Desert Gas Complex expansion

Posted: June 22, 2021 at 12:51 pm   /   Oil & Gas

GASCO gets USD 200 mn syndicated loan for facility expansion: A group of eight local banks led by the National Bank of Egypt have arranged a USD 200 mn (c. EGP 3.1 bn) syndicated loan […]

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Eni

Eni merges two Western Desert concessions into new Merged Meleiha concession

Posted: June 16, 2021 at 12:47 pm   /   Oil & Gas

Eni signs for the merging of Meleiha and Meleiha Deep concessions into a new concession called Merged Meleiha in Western Desert Egypt: The agreement will unlock considerable resources while will allow to further exploit region’s […]

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Master Gas

Master Gas signs contract with Ostool to install dual-fuel engines in its fleet

Posted: June 14, 2021 at 1:26 pm   /   Oil & Gas

Taqa Arabia’s Master Gas has signed a EGP 1.2 mn contract with shipping company Ostool to install dual-fuel engines in its fleet of over 250 vehicles, which would make the cars run on both diesel […]

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