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Tag: Egypt

Interview with Max Heinritz-Adrian, Head of Dehydrogenation, 
thyssenkrupp Industrial Solutions

Posted: March 14, 2016 at 6:52 pm   /   Oil & Gas

Max Heinritz-Adrian is the globally responsible business manager for thyssenkrupp Iudustrial Solutions (tkIS) dehydrogenation technologies including strategy, R&D, sales & licensing, process design and engineering, commissioning and plant start-up activities. He has more than 17 years of experience in the chemical and petrochemical industry in the area of R&D, process engineering, business development & sales […]

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Petroleum marine services provider PMS wins four bids in Egypt

Posted: March 14, 2016 at 1:28 pm   /   Oil & Gas

Egypt-based Petroleum Marine Services Company (PMS) won executing four large projects including the expansion project of the third basin in Ain Sukhna port for Armed Forces Engineering Authority. Chairman El-Sayed El-Badawi stated Sunday that PMS is to execute the developmental project of platform Amal C for PICO International Petroleum (PIP), Egypt’s largest private sector oil […]

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Eni succeeds with the first production test of Zohr field

Posted: March 11, 2016 at 11:39 am   /   Oil & Gas

Eni successfully performed the production test of Zohr 2X, first appraisal well of Zohr discovery, which is estimated in a deliverability of up to 250 MMScfd in production configuration. Eni successfully performed the production test of Zohr 2X, first appraisal well of Zohr discovery, in the Shorouk block, offshore Egypt. During the test, 120 m […]

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Egypt on right path to renewable energy development – EU

Posted: March 11, 2016 at 11:33 am   /   Renewables

Egypt is on the right path to development as the government is adopting several encouraging and successful policies, especially in the energy sector, head of the European Union Delegation to Egypt James Moran said on Wednesday 9/3/2016. Speaking before the convention of a renewable energy conference organized by the European Union in Matrouh, Moran said […]

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Maridive signs $43m offshore construction contract in UAE

Posted: March 10, 2016 at 6:37 pm   /   Oil & Gas

The company obtained a contract at a time when many companies are cutting their petrol production, says navigation sector analyst. Maridive & Oil Services SAE announced that its offshore construction sector obtained a new contract of $43m in the UAE, according to a statement published Monday. According to the contract, Valentine Maritime, one of Maridive’s […]

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Egypt, Jordan & Iraq hold talks on Basra-Aqaba oil pipeline project

Posted: March 10, 2016 at 1:07 pm   /   Oil & Gas

Jordanian Minister of Energy and Mineral Resources will discuss in Cairo with his Egyptian and Iraqi counterparts developments regarding the Basra-Aqaba pipeline project that was agreed upon by the three countries in Amman in November 2015. According to a ministry statement, Saif is heading a delegation to Cairo to discuss activating a memorandum of understanding […]

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Dana Gas to drill a gas well in collaboration with BP Egypt as of April

Posted: March 9, 2016 at 7:43 pm   /   Oil & Gas

Dana Gas said the impact of lower oil prices on the company is insignificant, as 90% of its business is focused on the gas sector. “We are maintaining our production level in Egypt,” the company’s CEO Patrick Allan-Ward told CNBC, adding that “We have concluded a gas production enhancement agreement with the Egyptian government.” The […]

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Total, Eni bet on new finds as rivals cut costs in oil downturn

Posted: March 9, 2016 at 7:35 pm   /   Oil & Gas

As oil firms slash billions of dollars of investment to survive the market crash, France’s Total and Italy’s Eni are making some of the smallest cuts, gambling in the hope of big-ticket discoveries that will reward them when prices recover. Both approaches carry risks. Intensive exploration programmes mean higher costs and lower profits in the […]

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Orascom Construction signs $20m contract for West Nile Delta gas project

Posted: March 9, 2016 at 1:16 pm   /   Oil & Gas

National Steel Fabrication, a subsidiary of Orascom Construction (OC), was awarded a $20m contract to manufacture and supply structural steel for the West Nile Delta gas development project. “We [OC] are also pleased to receive a large order to fabricate and supply the steel structure for an important gas development in Egypt, and look forward […]

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Egypt SUMED Pipeline Yet to Accept Iran Oil After Sanctions

Posted: March 8, 2016 at 8:14 pm   /   Oil & Gas

Egypt and Gulf Arab crude producers have yet to let Saudi Arabia’s regional rival Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region, more than a month after international sanctions against Iran were lifted. Arab Petroleum Pipelines Co., which operates the link known as SUMED, […]

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