Winteshall Dea switches its Mittelplate platform to be powered by renewables
Mittelplate: Switch to 100% green power from shore will significantly reduce CO2 emissions Drilling and production island to eliminate up to 36,000 tonnes of CO2 per year “Power from shore”: island to be powered by certified power from 100% renewable energy sources Another concrete step towards lower emissions and improved climate protection All production sites […]
Energean announces Karish field update: First topsides lift, FPSO suction anchors installed
Karish Development: First topsides lift in Singapore and installation of the Energean Power FPSO suction anchors at the Karish field completed Energean plc, the gas producer focused on the Mediterranean, is pleased to announce two important developments in the Karish Development Project. In Singapore, the first topsides module lift on to the Energean Power FPSO […]
Egypt’s natural gas exports, renewables more than doubled in 2019 – BP
Egypt had a good year in 2019 for natural gas exports and renewables, according to BP: Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019, up from 2 bn cbm in 2018, BP said in its annual Statistical Review of World Energy. The report said that 1.7 bn cbm were exported […]
Gulf Energy pays $1.4 million to North Petroleum for operations at NW Gemsa
Gulf Energy has paid off USD 1.4 million in arrears SDX Energy owed to China’s North Petroleum for production at the North West Gemsa concession, which SDX and North Petroleum were operating together, Al Mal reports, citing an unnamed industry source. SDX sold its 50% working interest in the concession to Gulf Energy last month […]
Nile Delta’s Bashrush gas well reserves estimated to be 250 bn cubic feet
(Photo Courtesy of MEES) Reserves at the Bashrush exploration well in the Nile Delta have been estimated to be around 250 bn cubic feet of natural gas, Masrawy reports, citing an unnamed official at the Egyptian Natural Gas Holding Company (EGAS). Italy’s Eni began production tests at the well earlier this month with partners BP […]
WEPCO to link 2 new wells to production line for $12 mn
WEPCO to add 2 new drilling wells to production line for USD 12 mn The Western Desert Operating Petroleum Co. (WEPCO) will add two new drilling wells to its production line which includes the Badr-1 and EDC 9 natural gas wells at a cost of USD 12 mn, Chairman Ibrahim Masoud announced during a tour […]
SDX sells its 50% share in North West Gemsa License to Gulf Energy for $3m
SDX Energy announces sale of non-core Egyptian asset AIM-listed SDX Energy, the MENA-focused oil and gas company, has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian oil and gas company, has paid US$3.0 million in consideration for […]
Egypt pushes compressed natural gas in clean car drive
President Abdel Fattah el-Sisi says all new cars sold in Egypt will have to run on compressed natural gas before they are issued a license. Egypt’s President Abdel Fattah el Sisi has said all new cars sold in the country will have to run on compressed natural gas (CNG) before they are issued a licence […]
Pharos Energy announces trading and Egypt operations update
Pharos Energy plc, an independent oil and gas exploration and production company, issues the following Trading and Operations update in advance of the Company’s half-year results on 19 August 2020. The information contained herein has not been audited and may be subject to further review and amendment. Summary Rapid and responsible response to COVID -19 […]
Siemens: Digital scale-up can keep oil and gas fields running, even remotely
By Denis Voloder; Senior Executive Vice President, Head of Oil & Gas Onshore Solutions at Siemens. For the upstream oil and gas industry, the past couple of months have been significantly challenging. Through greater adoption of the digital platforms and applications, producers will have a better chance of surviving the current challenges and enable the […]
