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Oil & Gas
4Subsea

Subsea 7 acquires Norway’s 4Subsea in push to expand digital capability

Posted: October 3, 2019 at 12:45 pm   /   Oil & Gas

Norwegian technology and services provider 4Subsea has been acquired by UK’s subsea engineering and construction company Subsea 7 in a 100% stock buyout. The acquisition will enable further enhancement and scaling of 4Subsea’s know-how, technology, […]

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LNG

Egyptian LNG to return to full operation – Petroleum Economist

Posted: September 22, 2019 at 12:27 pm   /   Oil & Gas

One of Egypt’s two liquefaction plants will back to full operation next month. The 7.2mn t/yr Egyptian LNG (ELNG) facility will return to 100pc of nameplate capacity next month, the firm’s senior optimisation manager Tamer […]

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AI

Schlumberger, Chevron, Microsoft launch AI platform for the oil field

Posted: September 21, 2019 at 3:26 pm   /   Oil & Gas

Schlumberger, Chevron and Microsoft have launched a cloud-based artificial intelligence platform to improve a digital services in the oil field. The companies issued a joint statement from the SIS Global Forum in Monaco announcing the […]

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Eni

Eni starts production of Baltim SW field offshore Egypt in record time

Posted: September 18, 2019 at 12:33 pm   /   Oil & Gas

Eni successfully started-up production from the offshore Baltim South West gas field in Egypt. Discovered by Eni in June 2016, the field goes on-stream in a record time. It lies within the Great Nooros area […]

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SDX

SDX Energy announces successful MSD-19 well in West Gharib Concession

Posted: September 18, 2019 at 12:28 pm   /   Oil & Gas

SDX Energy, the North Africa focused oil and gas company, has announced that the MSD-19 development well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator) has encountered a commercial […]

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GAIA

WesternGeco, IHS Markit enter strategic collaboration on E&P data

Posted: September 17, 2019 at 11:19 am   /   Oil & Gas

WesternGeco, the seismic and geophysical data solutions division of Schlumberger, has entered a strategic collaboration with IHS Markit, a global provider of information, analytics, and solutions. The two companies will combined their data, technology and […]

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Egypt-USA

US support for Egypt’s position as East Med regional gas export hub

Posted: September 15, 2019 at 3:30 pm   /   Oil & Gas

US Deputy Energy Secretary Dan Brouillette was in town last Thursday to launch the US-Egypt Strategic Energy Dialogue with Oil Minister Tarek El Molla and the head of the Electricity Holding Company Gaber El Dessouky. […]

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Egypt USA

Egypt and United States of America Launch Strategic Energy Dialogue

Posted: September 15, 2019 at 2:12 pm   /   Oil & Gas

Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker and U.S. Deputy Secretary of Energy Dan Brouillette launched the U.S.-Egypt Strategic Energy Dialogue, which will facilitate […]

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Red Sea

Egypt’s Offshore Red Sea Oil & Gas exploration Bid Round closes today

Posted: September 15, 2019 at 1:57 pm   /   Oil & Gas

The Red Sea oil and gas exploration tender ends today, with bids from major oil producers expected to be announced later. Shell, ExxonMobil, Statoil, Dragon Oil, Russian Rosneft and Total have all reportedly bidding for […]

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Dana Gas

Dana Gas considers multiple scenarios for sale of Egypt assets

Posted: September 15, 2019 at 1:20 pm   /   Oil & Gas

Dana Gas considers multiple scenarios for sale of Egypt assets, will decide in November: Dana Gas is considering offloading remaining arrears owed to it by the Egyptian state on to whoever ends up buying its […]

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