Newsletter subscribe
Tag: LNG
Wintershall DEa

Special Media Call and Q3 Results: Wintershall Dea strengthens international portfolio; CEO Mehren: “Security of supply requires security of demand”

Posted: October 25, 2022 at 4:09 pm   /   Oil & Gas

In a media call today, Wintershall Dea CEO Mario Mehren calls for more investment in the expansion of the energy industry. That includes more investment in global gas and oil production, as fossil fuels will continue to be needed in the longer term. “Importers need to be able to conclude long-term supply contracts again. This […]

No Comments read more
Bechtel

Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition

Posted: September 12, 2022 at 1:11 pm   /   Oil & Gas

Decarbonizing Egypt’s facilities for a net-zero future Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean […]

No Comments read more
eni

Eni looks to establish 10 GW of solar & wind projects in Egypt, boost gas exports to Europe

Posted: September 1, 2022 at 10:48 am   /   Oil & Gas

Eni to go big on Egypt’s renewable energy sector? Eni could establish 10 GW of renewable energy projects in Egypt “in the forthcoming years,” the Italian energy giant said in a statement. The company’s CEO, Claudio Descalzi, “agreed on the opportunity to implement” the solar and wind projects during a meeting with President Abdel Fattah El Sisi […]

No Comments read more
Kanfer

EGAS, KANFER Shipping & LETH facilitating LNG bunkering in Suez Canal, Egypt

Posted: August 14, 2022 at 9:18 am   /   Oil & Gas

Egyptian Natural Gas Holding Company (EGAS), Kanfer Shipping (KANFER) and Leth Suez Transit (LETH) are facilitating for a strategic and competitive LNG bunkering hub in the Suez Canal.  EGAS, KANFER and LETH signed an MoU on the 3rd of February 2022 with the purpose of establishing LNG bunkering services in Egypt Mediterranean, the Suez Canal and […]

No Comments read more
Eni QatarEnergy

​Eni partners QatarEnergy in the world’s largest LNG project

Posted: June 20, 2022 at 12:52 pm   /   Oil & Gas

Eni enters the world’s largest LNG project in Qatar: Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. The Minister of State for Energy Affairs, President and CEO of QatarEnergy, Saad Sherida Al-Kaabi, and Eni CEO, Claudio Descalzi, signed the partnership agreement for the creation […]

No Comments read more
LNG

Egypt’s natural gas, LNG export revenues double in first four months of 2022

Posted: June 1, 2022 at 10:39 am   /   Oil & Gas

Egypt’s natural gas and LNG export revenues grew 98% y-o-y in 4M2022 to record USD 3.89 bn, Reuters reports, citing Oil Ministry data it has seen. Meanwhile, our 2021 revenues from natural gas exports jumped 768% y-o-y to USD 3.96 bn, according to the data. The rise comes as the government is pushing to ramp up its exports […]

No Comments read more

TAQA Arabia acquires Rosetta Energy’s LNG Arm to unlock LNG Market growth in Egypt & Africa

Posted: May 16, 2022 at 7:26 pm   /   Oil & Gas

TAQA Arabia, the full-service energy and utility distribution market leader in Egypt, announced the acquisition of Rosetta Energy’s LNG arm to expand its business portfolio in Egypt, Africa and the Middle East. Rosetta is an international energy developer and operator focused on developing the full LNG value chain to supply industrial, commercial, and residential customers […]

No Comments read more
Egypt Eni

Egypt to maximise gas production, LNG exports to Europe following Eni deal

Posted: April 14, 2022 at 1:28 pm   /   Oil & Gas

Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe. The Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo on Wednesday signed a framework agreement that will allow maximising gas production and LNG exports. The […]

No Comments read more
LNG-tanker

Will Italian oil giant Eni help boost Egyptian LNG exports to Europe?

Posted: March 20, 2022 at 12:37 pm   /   Oil & Gas

Eni to work with Egypt + others to find alternative gas for Europe: Eni pledged to bring more than 14 trn cubic feet of additional gas to the global market and mitigate Europe’s energy crisis by “leveraging established alliances with producing countries,” including Egypt, the Italian energy giant announced in a press release outlining its 2022-2025 strategy. This […]

No Comments read more
Gas-LNG

LNG carriers will pay full rate to transit the Suez Canal starting today

Posted: March 16, 2022 at 9:25 pm   /   Oil & Gas

LNG carriers will pay the full rate to transit the Suez Canal starting today, the Suez Canal Authority (SCA) announced yesterday. SCA chief Osama Rabie said in a televised interview last night that the move came amid rising demand for natural gas. Vessels transporting natural gas had enjoyed a 25% reduction in transit fees, a figure that […]

No Comments read more