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Oil & Gas
saipem

Saipem, Petrojet win contract for Egypt’s first polybutadiene plant

Posted: April 21, 2020 at 2:04 pm   /   Oil & Gas

Saipem awarded Egypt’s first polybutadiene plant, in consortium with Petrojet, for an overall amount of approximately 150 million USD. Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & […]

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Transocean-Discoverer-India

Burullus Gas Company cancels Egypt drillship contract with Transocean

Posted: April 17, 2020 at 8:31 pm   /   Oil & Gas

Transocean says Shell-led consortium to pay early termination fee for drillship deal, but sees other contracts extended: Transocean said that Burullus Gas Company has opted to terminate a rig contract for the drillship Discover India […]

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bp supercomputer

BP’s CHPC supercomputer mobilized to assist in coronavirus research

Posted: April 17, 2020 at 8:23 pm   /   Oil & Gas

BP is joining forces with the US government, universities, and the world’s largest technology companies by providing access to its supercomputer to help researchers halt the spread of COVID-19. The company will donate its supercomputing […]

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Eni HPC5

Eni’s HPC5 supercomputer mobilized for Italian COVID-19 response

Posted: April 15, 2020 at 2:42 pm   /   Oil & Gas

Eni has made its supercomputing infrastructure and molecular modeling capability available for coronavirus research. The collaboration is part of the European EXSCALATE4CoV project, led by biopharmaceutical company Dompé, under which institutions and research centers in […]

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Midor

Egyptian refiner Midor issues tender to sell 30,000 tonne gasoil cargo

Posted: April 15, 2020 at 2:36 pm   /   Oil & Gas

Egyptian refiner Midor has issued a tender to sell a cargo of gasoil with 0.1% sulphur content in May, according to a document seen by Reuters on Tuesday. The tender is for one 30,000 tonne […]

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Shell

Cheiron, Cairn, Pharos advance in deal for Shell Egypt onshore assets

Posted: April 13, 2020 at 2:21 pm   /   Oil & Gas

Egypt’s East Gas also among companies in second round of bids. Planned sale is progressing despite the coronavirus pandemic . Cheiron consortium moves to second round of bidding for Shell Egypt onshore assets: A consortium of Cheiron, […]

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ADES

Middle East drilling contractor ADES confident despite current crisis

Posted: April 10, 2020 at 9:20 pm   /   Oil & Gas

Drilling contractor ADES International is confident of maintaining its current operations and existing business in the Middle East North Africa region, despite the COVID-19 pandemic and market volatility caused by the current oil price. Drilling […]

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Dana Gas

UAE’s Dana Gas confirms delay of its Egyptian assets sale

Posted: April 10, 2020 at 9:14 pm   /   Oil & Gas

Dana Gas confirms its review of potential Egypt asset sale is behind schedule: Dana Gas is still moving head with its review of whether it will sell its onshore and offshore Egypt assets, but the […]

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Karish

Energean upgrades Karish North reserves, first gas expected 2022

Posted: April 10, 2020 at 9:08 pm   /   Oil & Gas

Competent Persons Report certifies 1.2 Tcf (34 Bcm) plus 39 million barrels of gross 2C recoverable resources in Karish North, a 32% uplift on prior estimates. Submission of Field Development Plan Addendum for Karish North: […]

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Egypt-South-Disouq SDX

SDX announces commercial discovery at Sobhi well, expects tie back in 2021

Posted: April 10, 2020 at 8:57 pm   /   Oil & Gas

AIM-listed SDX Energy, the MENA-focused oil and gas company, is pleased to provide an update on drilling operations at the SD-12X (‘Sobhi’; SDX 100% working interest) well in the South Disouq Exploration Permit onshore Nile […]

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