Kuwait Energy makes commercial discovery in Abu Sennan license
Kuwait Energy Egypt submitted a notice of commercial discovery following production from the AR-C reservoir in the ASX-1X exploration well in the Abu Sennan license, 7 km north of the producing Al Jahraa field in Egypt’s Western Desert, partner United Oil & Gas PLC said in an Oct. 19 release. The well reached a total […]
INEOS announces over €2 billion investment in Green Hydrogen Production
This will be Europe’s largest ever investment in green hydrogen with the potential to transform zero carbon hydrogen production across Europe. INEOS, through its INOVYN business is already Europe’s largest existing operator of electrolysis, the critical technology necessary to produce green hydrogen for power generation, transportation, and industrial use The first plants will be built […]
SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt
AIM-listed SDX Energy, the MENA-focused energy company, has announced the spudding of the MSD-21 infill development well on the Meseda field. The well is the first, in a fully funded, 12 well development campaign on the Meseda and Rabul oil fields in the West Gharib concession, Egyptian Eastern Desert. The development drilling campaign is aimed at growing production […]
United Oil and Gas provides quarterly Egypt production update
United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced a quarterly production update for the third quarter (Q3) of 2021. Q3 2021 production averaged 2,022 boepd (1,616 bopd oil and 405 boepd gas) net to United. Production from 1 Jan – 30 Sept […]
President Sisi ratifies the East Mediterranean Gas Forum (EMGF)
The final step to setting up the East Mediterranean Gas Forum (EMGF) and its Cairo HQ was cleared on Thursday after President Abdel Fattah El Sisi ratified its founding charter, per the Official Gazette. The regional organization officially came into being in March, after its founding members signed the charter in September last year. About the forum: Headquartered in Cairo, the forum […]
Petroleum Ministry to establish a new $1.6 bn methanol plant in Ain Sokhna
The Oil Ministry has formed a new state-owned petrochemicals company that will join Methanex in producing methanol in Egypt. A shareholder agreement has been signed establishing Misr Methanol and Petrochemicals, which will manufacture methanol, ammonia, and other petrochemicals, the Oil Ministry announced in a statement. Around USD 1.6 bn will be invested in the first phase of Misr […]
TAQA Arabia, MAN Energy Solutions study production of Green Hydrogen in Egypt
TAQA Power – TAQA Arabia’s Power Subsidiary – has signed a memorandum of understanding (MoU) with the Germany-based MAN Energy Solutions, regarding a pilot project for the local production of Green Hydrogen to fuel domestic tourist buses in Egypt. TAQA Power, in collaboration with MAN Energy solutions, will be conducting a feasibility study on employing […]
Wintershall Dea sees output rise from new production coming online in Egypt, Russia
Q2 2021 Results: Strong financial performance and continued progress on our strategic priorities. Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2021 results. Mario Mehren, Wintershall Dea Chairman & CEO, commented: “Q2 proved to be an excellent quarter for Wintershall Dea. Our strong operational and financial performance allowed us to […]
Pharos Energy announces trading and operations update for July 2021
Pharos Energy has issued a trading and operations update in advance of the Company’s half-year results on 15 September 2021. The information contained herein has not been audited and may be subject to further review and amendment. Ed Story, President and Chief Executive Officer, commented: ‘I am pleased to be able to report a period […]
Eni signs agreement with EEHC, EGAS to produce hydrogen in Egypt
Eni announces that it has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production of hydrogen in the country. The parties will conduct a study into joint projects to produce green hydrogen, using electricity […]
