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Oil & Gas
Wintershall Dea

Wintershall Dea Q2 2020 Results: unaffected production, stable operations despite pandemic

Posted: August 20, 2020 at 1:04 pm   /   Oil & Gas

Q2 2020 Results: Despite the pandemic – unaffected production and stable operations Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2020 results. Mario Mehren, Wintershall Dea Chairman & CEO, […]

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DeepTech-Oil

DeepTech Oil wraps up intervention project for Zohr field offshore Egypt

Posted: August 20, 2020 at 12:54 pm   /   Oil & Gas

DeepTech Oil Services has completed an intervention project in the Zohr gas field in the Egyptian sector of the Mediterranean Sea for Eni and the Egyptian General Petroleum Corporation (EGPC). The scope involved securing a […]

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west med pgs

IOCs to begin conducting West Mediterranean seismic surveys in Q4 2020

Posted: August 18, 2020 at 12:51 pm   /   Oil & Gas

International oil and gas players will begin conducting seismic surveys in Egypt’s Western Mediterranean in 4Q2020, Al Shorouk and Masrawy reported yesterday, each citing a source from the Egyptian Natural Gas Holding Company (EGAS). An […]

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Siemens Ethydco

Siemens signs long-term service contract with Ethydco petchem plant in Egypt

Posted: August 16, 2020 at 8:59 pm   /   Oil & Gas

Siemens Energy provides long-term servicing for one of Africa’s largest petrochemical plants in Egypt Siemens Energy provides 10 year Preventive Service contractUnderlines capabilities of Siemens Energy in supporting the petrochemical and downstream sectorsProject will improve […]

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Egypt-NW-Gemsa-SDX

Gulf Energy pays $1.4 million to North Petroleum for operations at NW Gemsa

Posted: August 16, 2020 at 11:45 am   /   Oil & Gas

Gulf Energy has paid off USD 1.4 million in arrears SDX Energy owed to China’s North Petroleum for production at the North West Gemsa concession, which SDX and North Petroleum were operating together, Al Mal […]

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TGS plane

TGS starts its first ever airborne eFTG Multi-Client Survey in Egypt

Posted: August 12, 2020 at 12:42 pm   /   Oil & Gas

TGS Commences Egyptian Multi-Year Geophysical Survey TGS, a leading provider of multi-client geoscience data for exploration and production companies, today announced that it has commenced its first-ever regional airborne Enhanced Full Tensor Gravity Gradiometry (eFTG) […]

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Mediterra

Kom Ombo Petroleum to start $3m drilling operation at Baraka concession

Posted: August 9, 2020 at 1:39 pm   /   Oil & Gas

Kom Ombo Petroleum — a JV between the Egyptian General Petroleum Company and Mediterra Energy — will begin drilling two wells at its Baraka concession, which is expected to cost USD 2.5-3 mn, Al Mal […]

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Egypt Greece

Egypt, Greece sign maritime Exclusive Economic Zone demarcation agreement

Posted: August 9, 2020 at 1:03 pm   /   Oil & Gas

Egypt and Greece sign agreement on Exclusive Economic Zone. Egypt and Greece signed an agreement on Thursday designating an exclusive economic zone in the eastern Mediterranean between the two countries, an area containing promising oil […]

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Total

B Investments to sell 20% of its stake in Total Egypt’s downstream business

Posted: August 5, 2020 at 2:15 pm   /   Oil & Gas

B Investments is in talks to offload a fifth of its holdings in Total Egypt’s downstream operations: B Investments has entered talks with Total Egypt to sell 20% of its holdings in the company, it […]

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Tarek-el-molla

Egypt’s IOC arrears fall to $850 million at end of June – El Molla

Posted: August 4, 2020 at 12:46 pm   /   Oil & Gas

Egypt’s arrears to international oil companies fell to USD 850 mn at the end of June, down from USD 900 mn a year earlier, despite the financial pressure caused by the covid-19 pandemic, Oil Minister […]

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