Energean Power FPSO hull sailed away from China to Singapore
Karish Project Update – FPSO Hull Sailaway from China: Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the COSCO yard in China on 3 April 2020. The hull will now be towed to the Sembcorp Marine Admiralty Yard […]
Energean and Edison agree to exclude Algerian assets from E&P deal
Energean Oil and Gas and Edison have agreed to exclude Edison E&P’s Algeria assets from the previously agreed acquisition. As previously reported, Energean entered into a conditional sale and purchase agreement (SPA) on July 4, 2019, to acquire Edison E&P from Edison for an initial consideration of $750 million, with the completion of the SPA […]
Energean Oil & Gas appoints Iman Hill as Chief Operating Officer
Energean Oil & Gas PLC said on Tuesday it has appointed Iman Hill as chief operating officer with effect November 1. Hill is currently technical director and president Egypt for Dana Gas PJSC since 2015. Prior to this she, was part of Sasol Petroleum International for three years from 2012 to 2015, leaving as vice […]
IPR executing its largest drilling, operational campaign in Egypt
IPR Drilling Away in Egypt: US independent IPR Energy Group continues to execute its largest drilling and operational campaign since entering the upstream sector in Egypt in 1993, with the drilling of 25 of 40 planned wells during the first half of 2018. According to the company this pace of activity will continue through the balance […]
ExxonMobil eyes Africa expansion opportunities, Egypt tops the list
ExxonMobil is eyeing expansion opportunities in Africa, now that oil prices are on the rise again, according to the Africa Report. “The company wants to reinvest in Africa, partly to compete against Eni and Total and to not leave them to dominate the continent,” says OCP Policy Center research associate Francis Perrin. “ExxonMobil looks at […]
Italy’s Edison to sell its oil & gas division
Italian energy company Edison is planning to sell off its oil and gas unit in favor of focusing on its retail business, Reuters reports. Edison’s assets in Egypt — including the Abu Qir concession — are among the “most attractive parts” of the company’s oil and gas portfolio, sources tell the newswire. “The company has […]
Egypt's Cabinet issues licenses for E&P agreements
The Egyptian cabinet has issued a license to amend the exploration and production (E&P) agreement for the Ras Qattara Concession, Egypt Oil & Gas reports. The amendment, issued under the terms of Law number 4 for year 1989 and amended as per Law number 7 of year 1994, allows the Egyptian Minister of Petroleum and […]
New DEA CEO: “Adapt and adjust”
Maria Moraeus Hanssen announces a time for change on her first day as CEO and Chairman of the Board of Management of DEA Deutsche Erdoel AG. “I am starting at DEA in a very interesting time for the company and for the business as a whole. My main task going forward will be to make […]
New CEO takes over at DEA amid Wintershall merger talks
Maria Moræus Hanssen has started as the new chief executive officer of DEA Deutsche Erdoel AG, an oil and gas company based in Germany and owned by LetterOne. Following her appointment in September 2017, Maria Moræus Hanssen on Thursday, January 4 succeeded Thomas Rappuhn who spent eight years as DEA CEO. On her first day […]
Major natural gas discoveries offshore Egypt propel demand for technologies & services
(Offshore Magazine) Curt Cultice US Commercial Service, Department of Commerce Egypt is a mature fossil energy market attracting increased international attention. However, there is a continued demand for new energy technologies from innovative US suppliers committed to long-term partnerships with Egypt. In the below Q&A, Mai Abdelhalim, commercial specialist, US Embassy, Egypt discusses the latest […]
