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Oil & Gas
Wintershall Dea APC-2020

Wintershall Dea to host its 2020 Annual Press Conference “Fully Online”

Posted: March 14, 2020 at 9:47 pm   /   Oil & Gas

Wintershall DEA revealed Thursday that it will host its annual press conference “fully online” this year and cancel in-person events. The move is based on health advice from the national authorities and in line with […]

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oil price

Pharos, TransGlobe slash spending in response to oil market volatility

Posted: March 14, 2020 at 9:39 pm   /   Oil & Gas

Energy companies in Egypt are adapting to the new realities in the oil markets: The collapse in oil prices is forcing energy companies in Egypt onto the defensive: Energy companies operating in Egypt, including Pharos […]

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apache

Apache responds to challenging oil market by cutting capex by 40%

Posted: March 14, 2020 at 9:32 pm   /   Oil & Gas

Apache responds to current challenging market by slashing spending: Houston-based oil and gas company Apache Corporation has announced multiple actions in response to current challenges in the oil market featuring an oil price war between […]

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Wintershall Dea

Wintershall Dea to appoint Dawn Summers as new Chief Operating Officer

Posted: March 10, 2020 at 10:06 pm   /   Oil & Gas

Dawn Summers will become COO and responsible for EMEA region by 1 June 2020.More than 25 years of experience in the international E&P industry. Dawn Summers is to be appointed to the Executive Board of […]

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East Med

Eastern Mediterranean Gas: What Prospects for the New Decade? ISPI Opinion

Posted: March 10, 2020 at 9:58 pm   /   Oil & Gas

This Commentary Piece by Simone Tagliapietra was originally published by ISPI (Italian Institute for International Political Studies). The last decade has seen the eastern Mediterranean region become a hotspot of the global natural gas industry, […]

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BP

BP starts drilling gas exploration well in North El Tabia offshore block

Posted: March 10, 2020 at 9:45 pm   /   Oil & Gas

BP begins drilling exploratory gas well in North El Tabia: BP began drilling yesterday its Atoll Nooros exploratory gas well in its North El Tabia block in the Mediterranean, Al Shorouk reported, citing an EGAS […]

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SDX

SDX Energy announces result of Rabul-3 well in West Gharib Concession

Posted: March 10, 2020 at 9:38 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has announced the result of its Rabul-3 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The Rabul-3 development well in […]

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shelf drilling

Shelf Drilling secures jack-up rig contract extension offshore Egypt

Posted: March 9, 2020 at 2:58 pm   /   Oil & Gas

Shelf Drilling has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (‘Petrobel’) for operations in the Gulf of Suez offshore Egypt. […]

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pharos

Pharos Energy confirms its interest in Shell’s Egypt upstream assets

Posted: March 8, 2020 at 1:52 pm   /   Oil & Gas

London-listed junior confirms it is in the ‘preliminary stage of its evaluation’ as part of consortium. London-listed junior Pharos Energy has confirmed it is eyeing Shell’s upstream portfolio in the Western Desert in Egypt, which […]

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spplatts-east-mediterranean

Infographic: East Med gas; monetization efforts pick up amid regional standoff – S&P Global Platts

Posted: March 8, 2020 at 1:38 pm   /   Oil & Gas

The East Mediterranean is home to numerous major gas finds, with key players seeking routes to market via gas pipeline pacts and establishment of the East Mediterranean Gas Forum (EMGF). Tensions in the region are […]

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