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encardio-rite

Encardio-Rite Group brings world class geotechnical instrumentation to Africa under Lagtib Hassan

Posted: November 22, 2019 at 2:14 pm   /   Oil & Gas

Geotechnical Monitoring and Instrumentation giant, Encardio-Rite Group, expands its operations to Africa with Lagtib Hassan leading from the front as the Executive, Business Development. Lagtib Hassan with a degree from Mohammadia Engineering School (EMI, Rabat, […]

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FPSO

Energean signs Gas Sales and Purchase Agreement with MRC

Posted: November 21, 2019 at 7:28 pm   /   Oil & Gas

GSPA signed with MRC: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that Energean Israel and MRC Alon Tavor Ltd. (“MRC”) have signed a Gas […]

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PAS Leonardo

PAS adds sixth Leonardo helicopter for offshore operations in Egypt

Posted: November 20, 2019 at 1:54 pm   /   Oil & Gas

Petroleum Air Services (PAS) adds sixth Leonardo AW139 helicopter for offshore transport operations in Egypt. Italian helicopter supplier Leonardo has informed that Petroleum Air Services of Egypt will add a sixth AW139 intermediate twin helicopter […]

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TransGlobe Western Desert

Nostra Terra to exit East Ghazalat concession in dispute settlement

Posted: November 20, 2019 at 1:45 pm   /   Oil & Gas

Nostra Terra Oil & Gas subsidiary Nostra Terra Inc (NTI) has agreed to hand over its 50% non-operating stake in the Egyptian East Ghazalat concession to North Petroleum International Company in order to settle an […]

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pr-chart-1-fields-on-offer

Rystad Energy: Supermajors’ global asset sales could reach $27 billion

Posted: November 19, 2019 at 3:17 pm   /   Oil & Gas

The supermajors are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment. These companies are actively shedding mature assets on a massive scale in a bid […]

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Shell

Shell appoints Citi for $1 billion sale of Egypt Western Desert assets

Posted: November 17, 2019 at 12:55 am   /   Oil & Gas

Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. The sale process […]

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eni

Eni CEO doesn’t rule out interest in Dana Gas Egypt assets, but not a priority

Posted: November 12, 2019 at 4:00 pm   /   Oil & Gas

Eni’s chief executive does not rule out a possible interest for the Egyptian assets of Dana Gas but says any potential bid is unlikely since the Italian major already has a lot of resources in […]

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Eni CEO

Eni is not interested in acquiring Dana Gas Egypt portfolio of assets

Posted: November 12, 2019 at 12:30 pm   /   Oil & Gas

Italy’s Eni is not looking to acquire the Dana Gas’ portfolio of assets in Egypt, Eni CEO Claudio Descalzi tells Bloomberg TV. Descalzi stressed that Eni is satisfied with its portfolio for the time being […]

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WDDM

Shell starts gas production from Silva well in Egypt’s WDDM concession

Posted: November 12, 2019 at 12:25 pm   /   Oil & Gas

Shell began producing natural gas from its deepwater Silva well at the West Delta Deep Marine (WDDM) phase 9B earlier this month at a rate of 60-80 mmcf/d, according to an Oil Ministry statement. The […]

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Egypt-South-Disouq SDX

SDX Energy begins gas production at South Disouq concession in Egypt

Posted: November 12, 2019 at 12:20 pm   /   Oil & Gas

SDX Energy, the MENA-focused oil and gas company, has announced the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Egypt. Gas has been flowing through the South Disouq Central […]

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