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Tag: Egypt
Zohr

Rosneft: Zohr natural gas output increases 3 times to 11.3 bcm in H1 2019

Posted: August 15, 2019 at 1:40 pm   /   Oil & Gas

Rosneft says gas output at Zohr in Egypt surges to 11.3 bcm in H1: Natural gas production at Zohr, the largest gas field in the Mediterranean Sea, more than tripled in the first half this year to reach 11.3 billion cubic metres (bcm), Russian energy giant Rosneft said on Wednesday. The field is an important […]

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LCIA

Arbitration court rules against Nostra Terra in Egypt oil payments dispute

Posted: August 14, 2019 at 2:33 pm   /   Oil & Gas

Nostra Terra Oil & Gas has been found in default of the joint operating agreement (JOA) governing its East Ghazalat joint venture in Egypt with North Petroleum International, the company said on Monday. The London Court of International Arbitration ruled against the UK-based oil and gas company, finding subsidiary Nostra Terra Inc. in default for […]

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Subsea 7

Subsea 7 installs spools and flying leads for West Nile Delta Phase Two project offshore Egypt

Posted: August 14, 2019 at 2:29 pm   /   Oil & Gas

Subsea 7 benefiting from offshore project pick-up. Subsea 7 has issued progress reports on its current offshore construction programs. For the West Nile Delta Phase Two project offshore Egypt, the company has installed spools and flying leads using the flex-lay vessels Seven Seas and Simar Esperança. Work continues on Mad Dog 2 in the Gulf […]

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LNG

NS Energy: Will the LNG market in Egypt realise its potential in 2019?

Posted: August 14, 2019 at 1:16 pm   /   Oil & Gas

After recently becoming a net exporter of LNG, Egypt is looking to take its natural gas market to new heights following a series of key discoveries. The LNG market in Egypt has been mired in uncertainty for much of this millennium but over the course of 2019, it has gradually started gaining traction. A plethora […]

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EBRD wind

EBRD provides $252 million loan for 250 MW wind farm in Gulf of Suez

Posted: August 14, 2019 at 1:04 pm   /   Renewables

EBRD, IFC and OPIC providing US$ 252 million loan to a project company owned by Lekela Power BV Funds will finance 250MW wind farm in the Gulf of Suez Clean energy expected to reduce CO2 emissions by 550,000 tons per year The European Bank for Reconstruction and Development (EBRD) is stepping up its support for […]

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Siemens

Siemens awarded series of five-year grid studies on energy transmission network

Posted: August 8, 2019 at 4:49 pm   /   Electricity & Power

Egypt signs contract with Siemens to develop national electricity grid Siemens AG will conduct a series of five-year studies on Egypt’s electricity distribution grid to “identify the feasibility of deploying different advanced energy technologies,” the company said in a press release. Under a contract with the Egyptian Electricity Holding Company (EEHC), Siemens will analyze and […]

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exxonmobil

ExxonMobil considers logistics support center in Damietta Port

Posted: August 7, 2019 at 3:18 pm   /   Oil & Gas

ExxonMobil Probes Potentials for Oil & Gas Services in Damietta Port. Damietta Port Authority (DPA) Chairman, Cpt. Tarek Shahin met with ExxonMobil delegation to discuss their interest in exploring the possibility to establish a logistic support center in Damietta Port for servicing oil and gas fields. Both sides looked over port capabilities particularly its unique […]

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ib vogt Benban

German ib vogt completes three PV solar plants at Benban complex

Posted: August 5, 2019 at 2:15 pm   /   Renewables

Ib Vogt begins commercial operation of three solar plants at Benban German solar project development company Ib Vogt has begun commercial operation of three solar power plants with a combined capacity of 166.5 MW at the Benban solar complex near Aswan, the company announced in a statement. The plants were awarded under the second round […]

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Shell Competition

Egypt’s Zewail University students win Shell’s “Imagine the Future” Competition

Posted: August 4, 2019 at 11:24 pm   /   Oil & Gas

A team of students from the University of Science and Technology in Zewail City, representing Egypt, won first place in the “Imagine the Future Scenarios Competition” for 2018/2019, which was held in Singapore last July. Team Egypt from the University of Science and Technology in Zewail City,  named “Sound Clash”, competed with their scenario “Orchestra […]

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bp-egypt

BP targets 500 mmcf/d output from Baltim SW gas field by mid 2020

Posted: August 4, 2019 at 11:05 pm   /   Oil & Gas

BP aims to increase natural gas production to 500 mmcf/d by the middle of 2020 when it completes the development of its Baltim South West field, a source from EGAS told the press. Work is still ongoing to develop the field and link it to the national gas grid. Eni estimated the field to hold […]

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