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Tag: Egypt

MOP Sherif Ismail appointed as the New Egyptian Prime Minister

Posted: September 12, 2015 at 2:25 pm   /   Oil & Gas

Egyptian President Abdel Fattah al-Sisi asked Petroleum Minister Sherif Ismail to form a new cabinet within a week, the presidency said on Saturday. Prime Minister Ibrahim Mehleb submitted the cabinet’s resignation earlier on Saturday. President Sisi asked the government to carry on in a caretaker role until a new administration is formed. (Source: State Information […]

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Government and E&P industry professionals will convene at the SPE North Africa Technical Conference and Exhibition, 14–16 September in Cairo, Egypt

Posted: September 8, 2015 at 8:29 pm   /   Oil & Gas

The fifth edition of the Society of Petroleum Engineers’ (SPE) North Africa Technical Conference and Exhibition, 14–16 September in Cairo, Egypt is supported by H.E. Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources, Egypt. The oil and gas exploration and production conference held at Fairmont Towers, Heliopolis offers an executive plenary session, 3 panel […]

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Interview with Aidan Murphy, Chairman & MD of Shell Egypt

Posted: September 4, 2015 at 7:28 pm   /   Oil & Gas

Tell us about your background and the transition you made to your role in Egypt? I have worked for Shell since 1991 where I held a wide range of commercial leadership roles in both the Group’s upstream and downstream businesses including Vice President Portfolio & Growth, Unconventional Oil and Gas over the past two years. […]

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Eni open to selling stake in supergiant Zohr gas discovery

Posted: August 31, 2015 at 10:16 pm   /   Oil & Gas

Italy’s Eni is open to selling a stake in its “supergiant” Zohr gas field discovery off of Egypt, its chief executive said, as the state-controlled energy company looks for funds to bankroll development without sacrificing dividends. Eni said on Sunday it had discovered the largest known gas field in the Mediterranean off Egypt, covering an […]

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Eni discovers supergiant gas field offshore Egypt, the largest ever found in the Mediterranean Sea

Posted: August 30, 2015 at 9:08 pm   /   Oil & Gas

Eni has made a world class supergiant gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery could hold  a potential of 30 trillion cubic feet of lean gas in place covering an area of about 100 square kilometres. Zohr is the largest gas discovery ever made in Egypt and in […]

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SPE North Africa Technical Conference returns to Egypt

Posted: August 30, 2015 at 7:53 pm   /   Oil & Gas

The fifth SPE North Africa Technical Conference and Exhibition will take place under the patronage of the Ministry of Petroleum and Mineral Resources, Egypt. 490 technical papers received from 41 countries. Held under the patronage of H.E. Eng. Sherif Ismail, Minister of Petroleum and Mineral Resources, Egypt, and organised by the Society of Petroleum Engineers […]

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Rosneft signs master LNG deal with EGAS & to cooperate in educational projects with Egypt

Posted: August 29, 2015 at 2:36 pm   /   Oil & Gas

Rosneft has announced that it is to enter a master LNG supply and purchase agreement with EGAS, and is to cooperate in educational projects with the Egyptian Ministry of Petroleum. ROSNEFT AND EGAS SIGNED MASTER LNG SUPPLY AND PURCHASE AGREEMENT Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company […]

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Aminex converts interests in Egypt from Production Sharing to Royalty Structure

Posted: August 25, 2015 at 8:03 pm   /   Oil & Gas

Aminex announced a reorganisation and continuation of its Egyptian interests through a conversion of its carried interest to first production into an overriding royalty position in a recent discovery well. Aminex is currently a 12.5% shareholder in Aminex Petroleum Egypt Ltd. (“APEL”) and, through this shareholding, has an indirect 10% carried interest in the West […]

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Rockhopper Exploration acquires Beach Petroleum Egypt in $22 million deal

Posted: August 10, 2015 at 10:01 pm   /   Oil & Gas

Rockhopper Exploration plc, the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean and North Africa region, announced the acquisition of a portfolio of non-operated production and exploration interests in Egypt from Beach Energy Limited for a headline consideration of US$22.0 million. Highlights: Rockhopper to acquire […]

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Schlumberger: Training the Next Generation

Posted: August 9, 2015 at 7:51 pm   /   Oil & Gas

NEW PARTNERSHIP FOR OIL AND GAS SKILLS TRAINING AND DEVELOPMENT Technology and knowledge sharing are at the center of Schlumberger. As part of an ongoing commitment to leading-edge training, Schlumberger has partnered with Oil & Gas Skills (OGS) in Egypt to establish an oil and gas industry training institute. The initiative involves the development of specialized […]

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