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Oil & Gas

Energean signs MOU with Shell Egypt to investigate CCS – Decarbonisation Potential

Posted: February 19, 2023 at 12:51 pm   /   Oil & Gas

Energean has announced that Energean Egypt has entered into a memorandum of understanding (MOU) with Shell Egypt to explore a mutually beneficial decarbonisation solution. Energean and Shell’s MOU is designed to support the decarbonisation and the energy transition of the Arab Republic […]

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Adnoc Distribution closes acquisition of 50% stake in TotalEnergies Egypt

Posted: February 16, 2023 at 4:22 pm   /   Oil & Gas

Adnoc Distribution now owns half of one of Egypt’s largest fuel retailers: Adnoc Distribution, the distribution arm of UAE’s state oil company Abu Dhabi National Oil Company, has completed its acquisition of a 50% stake in […]

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Gulf investors reportedly eyeing stakes in merged Sidpec-Ethydco

Posted: February 16, 2023 at 4:10 pm   /   Oil & Gas

Gulf investors are already lining up to get a piece of the planned merger between EGX-listed Sidi Kerir Petrochemicals (Sidpec) and Egyptian Ethylene and Derivatives Company (Ethydco), sources in the know reportedly told Al Mal. The […]

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Teledyne FLIR launches compact thermal camera for use in hot working zones

Posted: February 11, 2023 at 2:14 pm   /   Oil & Gas

Teledyne FLIR has announced the launch of the FLIR Cx5, a new pocket-portable thermal camera for condition monitoring in hazardous environments. The FLIR Cx5 has a rugged ATEX-compliant case, which allows users of this camera […]

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Shelf-Drilling

Shelf Drilling secures contract extension on Rig 141 offshore Egypt

Posted: February 10, 2023 at 3:07 pm   /   Oil & Gas

UAE-headquartered offshore drilling contractor Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig in direct continuation of its current term with Gemsa Petroleum Company for operations in the Gulf of Suez offshore Egypt. Following this […]

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ExxonMobil Bab el Amal

ExxonMobil Egypt signs MoU with Sawiris Foundation’s Bab Amal Program

Posted: January 31, 2023 at 8:49 pm   /   Oil & Gas

Believing in the importance of investing in the community; ExxonMobil Egypt signs MoU with Sawiris Foundation’s Bab Amal Program. ExxonMobil Egypt announced signing a memorandum of understanding with Sawiris Foundation for Social Development (SFSD) to join its […]

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WEG to exhibit at Egypt Petroleum Show EGYPS 2023

Posted: January 29, 2023 at 10:34 am   /   Oil & Gas

Global motor and drive manufacturer, WEG will exhibit at the Egypt Petroleum Show (EGYPS) held at the Egypt International Exhibition Centre on 13 to 15 February, 2023. Exhibiting from stand 1F48, WEG will demonstrate its […]

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Stena

Stena Drilling signs contract with Shell to drill 3 wells offshore Egypt

Posted: January 17, 2023 at 1:39 pm   /   Oil & Gas

NEW CONTRACT IN EGYPT FOR STENA FORTH: STENA DRILLING IS PLEASED TO ANNOUNCE THAT WE HAVE SIGNED A NEW CONTRACT WITH BG DELTA LIMITED & BG INTERNATIONAL LIMITED SUBSIDIARIES OF SHELL PLC (SHELL) FOR THE […]

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Eni announces New Gas Discovery in Eastern Mediterranean Sea, offshore Egypt

Posted: January 15, 2023 at 4:11 pm   /   Oil & Gas

Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered approximately 200 net feet (61 […]

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Wintershall Dea

Wintershall Dea makes new Natural Gas Discovery in East Damanhour Block

Posted: January 12, 2023 at 12:16 pm   /   Oil & Gas

Wintershall Dea announced that it, along with its partners, has made a new natural gas discovery in the East Damanhour exploration block in the onshore Nile Delta. It said that the licensees, operator Wintershall Dea […]

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