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Tag: Port Said
Oil Tanker

Egypt announces the launch of its first giant oil tanker at Port Said

Posted: June 24, 2019 at 12:51 pm   /   Oil & Gas

Egypt’s Port Said Marine Arsenal for shipbuilding announced the launch of a giant oil tanker in Port Said, calling it the biggest of its kind to be built in the Arsenal, a statement released by the Port Said Marine Arsenal read. In the statement, arsenal chairman engineer Mohamed al-Katbi wrote that the anticipated tanker is […]

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DuPont to supply DynaWave® Scrubbing Technology for Egypt's Zohr gas field

Posted: September 24, 2017 at 7:41 pm   /   Oil & Gas

Technology Helps Minimize Environmental Impact. DuPont Clean Technologies (DuPont) recently signed a contract with Kinetics Technology (KT) for Eni’s giant Zohr deepwater gas field in the Egyptian Exclusive Economic Zone of the Mediterranean Sea. Under the contract, DuPont will be delivering the technology license, engineering and proprietary equipment for two MECS® DynaWave® wet gas scrubbing […]

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PAS to invest $80 million in 2017 on fleet modernization

Posted: March 14, 2017 at 4:35 pm   /   Oil & Gas

Company revenues amounted to $170m in 2016, profits to $42m. Petroleum Air Services (PAS) intends to invest $80m throughout 2017 to replace old aircrafts and modernise its fleet. Vice president of the company, Hany Abdoun, said that PAS is building the basic infrastructure for a new operations headquarters in El Gameel airport in Port Said, […]

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FT: Eni’s offshore drilling gamble looks set to pay off

Posted: March 1, 2017 at 7:37 pm   /   Oil & Gas

Over a lunch of locally caught Mediterranean seafood, Claudio Descalzi delivers a pep talk to managers around a large dining table in the offices of a petroleum plant near Port Said, Egypt. “We need to do more, more, more every day,” says the chief executive of Eni, the Italian oil and gas group. He is […]

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Video: Fossil fuel hope found in Egypt – Claudio Descalzi visits Port Said gas plant project (FT)

Posted: March 1, 2017 at 5:32 pm   /   Oil & Gas

The FT’s energy editor Andrew Ward on the geopolitical and business significance of the newly discovered Zohr gas field in the Mediterranean. (Source: Financial Times)

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Eni to finalize first phase of Zohr gas field processing plant by next October

Posted: December 7, 2016 at 12:21 pm   /   Oil & Gas

Eni plans to complete phase one of its $4 billion gas processing plant in Port Said next October, Al Borsa reported. The first phase of the plant, which will process gas from Zohr, will produce a daily 650 mcf, which represents 24% of the facility’s total daily capacity upon becoming fully operational of 2.7 bcf. […]

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