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Oil & Gas
TGS AustinBridgeporth

TGS, AustinBridgeporth to acquire World’s Highest Resolution Gravity Data over Egypt

Posted: December 12, 2019 at 3:58 pm   /   Oil & Gas

TGS, in partnership with AustinBridgeporth, has been granted exclusive rights to acquire the world’s highest resolution gravity imagery, eFTG (enhanced Full Tensor Gravity Gradiometry), within Egypt. The first phase, which surveys the Upper Egypt region, […]

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USTDA

Egypt, USTDA sign $690K deal to fund feasibility study of petchem development

Posted: December 12, 2019 at 3:42 pm   /   Oil & Gas

USTDA Advances Petrochemicals Development in Egypt – Feasibility study will identify essential industrial design. The U.S. Trade and Development Agency today awarded a feasibility study grant to the Egyptian Petrochemicals Holding Company (Echem), for what […]

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BP-MOP

El Molla meets with BP’s Bernard Looney to discuss gas projects

Posted: December 12, 2019 at 3:37 pm   /   Oil & Gas

Minister of Oil and Mineral Wealth Tarek el Molla conferred on Monday with the newly-appointed Chief Executive Officer of British Petroleum Company Bernard Looney and Chief Executive of Operations, Exploration and Research William Lane and […]

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IPTC

IPTC Receives Patronage of HRH Prince Mohammed Bin Salman Bin Abdulaziz

Posted: December 11, 2019 at 12:39 pm   /   Oil & Gas

The 12th edition of the flagship International Petroleum Technology Conference (IPTC) will be held 13–15 January 2020 at the Dhahran EXPO in Dhahran, Kingdom of Saudi Arabia, under the patronage of His Royal Highness Prince […]

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United

United Oil & Gas raises $6.3 million to fund Rockhopper Egypt acquisition

Posted: December 10, 2019 at 1:31 pm   /   Oil & Gas

United Oil conditionally raises USD 6.3 million to partially fund Rockhopper Egypt acquisition: Irish energy company United Oil & Gas has conditionally raised USD 6.3 million to partially finance its planned USD 16 million acquisition […]

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SDX

SDX Energy achieves stabilised plateau production at South Disouq

Posted: December 10, 2019 at 1:25 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has achieved its targeted stabilised plateau production rate of 50 MMscfe/d from its operated South Disouq concession (SDX: 55% working interest) in Egypt approx. three months earlier […]

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rig

Baker Hughes awards ADES deep drilling contracts in Kuwait

Posted: December 10, 2019 at 1:20 pm   /   Oil & Gas

Baker Hughes Co. has awarded ADES International Holding PLC a pair of deep drilling contracts under a lump sum turnkey project (LSTK) project in Kuwait, ADES reported Monday. “We are extremely pleased to secure our […]

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Red Sea

Red Sea Bid Round results to be announced this month – El Molla

Posted: December 5, 2019 at 2:11 pm   /   Oil & Gas

The Oil Ministry will announce the winners of the Red Sea exploration and production bid round this month, Minister Tarek El Molla told Youm7. The tender comprises 10 oil and gas exploration blocks, and was […]

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ITFC

Egypt signs $1.1 bn funding agreement with Islamic Trade Finance Corporation

Posted: December 5, 2019 at 2:08 pm   /   Oil & Gas

Egypt to get USD 1.1 bn ITFC loan for commodity imports: Egypt has signed a USD 1.1 bn funding agreement with the Islamic Trade Finance Corporation (ITFC) to help it import petroleum products and food […]

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global-warming

Energean Oil and Gas makes pledge to net zero emissions by 2050

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

Energean first London listed E&P company to commit to the UN’s Global Compact campaign – “Business Ambition for 1.5°C: Our Only Future”; pledges to net zero emissions by 2050. Energean Oil and Gas plc, the […]

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