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Tag: Upstream
Drexel

Interview: Sherif Gabr, Downstream Business Unit Director, Drexel Egypt

Posted: August 19, 2019 at 9:01 pm   /   Oil & Gas

OUR SUCCESS STORY: DREXEL EGYPT has successfully completed commissioning tests and Nitrogen activities for the new constructed ammonia sphere and its piping networks in phosphate complex project located in El Ain El Sokhna (one of Hassan Allam Co. Projects) using a new pumping technology with safe manner and low risk. Appreciate the full support from […]

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exxonmobil

ExxonMobil considers logistics support center in Damietta Port

Posted: August 7, 2019 at 3:18 pm   /   Oil & Gas

ExxonMobil Probes Potentials for Oil & Gas Services in Damietta Port. Damietta Port Authority (DPA) Chairman, Cpt. Tarek Shahin met with ExxonMobil delegation to discuss their interest in exploring the possibility to establish a logistic support center in Damietta Port for servicing oil and gas fields. Both sides looked over port capabilities particularly its unique […]

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Shell

Shell appoints Khaled Kassem as Egypt Chairman, Managing Director

Posted: April 8, 2019 at 10:21 pm   /   Oil & Gas

Royal Dutch Shell has appointed Khaled Kassem to head its Egypt business, the company said on Sunday. Tunisian Kassem was named as chairman and managing director in Egypt, starting in May. He replaces Gasser Hanter. Kassem was previously head of Shell’s Tunisia business. (Source: Reuters)

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Edison

Edison has four offers for the sale of its upstream division

Posted: March 10, 2019 at 12:11 am   /   Oil & Gas

Four offers are on the table for the upstream oil and gas assets of Edison from Cairn Energy, Energean, Neptune Energy and the group that will be formed from the merger of DEA and Wintershall, Il Sole 24 Ore said. (Source: Reuters)

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DEA

DEA awarded new exploration licence in the Nile Delta Onshore Egypt

Posted: February 13, 2019 at 3:03 am   /   Oil & Gas

German upstream company is back to exploration in Egypt! The Egyptian Natural Gas Holding Company (EGAS) has awarded one new licence to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 square kilometres and is located west of the Disouq development leases, where DEA is […]

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Halliburton

El-Molla, Halliburton discuss cooperation on oil & gas marketing platform

Posted: August 5, 2018 at 8:57 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Halliburton’s President of Eastern Hemisphere Joe Rainey to discuss cooperation in setting up an electronic platform for marketing available concessions for oil and gas exploration and production, under two agreements signed back in April. Minister of Oil Tarek el-Molla on Thursday discussed co-operation over petroleum projects with Joe […]

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WoodMackenzie Egypt Gas

Wood Mackenzie: Egypt’s astonishing gas renaissance

Posted: April 30, 2018 at 5:52 pm   /   Oil & Gas

Lessons in attracting upstream investment capital. By Simon Flowers – Chairman and Chief Analyst. Not long ago, Egypt’s gas industry was in crisis. Production fell by a third in the three years to 2015. A top ten LNG exporter in the prior decade, the country had, by then, become a top ten importer. Nearly all […]

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Mediterranean Upstream & Midstream Summit: Oil & Gas Giants meet in Athens for first time

Posted: March 11, 2018 at 9:02 pm   /   Oil & Gas

IN-VR Oil & Gas ​is pleased to announce the ​Official ​Mediterranean Upstream & Midstream Petroleum Summit, 7-8 May 2018​ taking place in​ Athens, Greece ​from ​7th to 8th May 2018​. For the first time ever the ​CEO of ​Egypt Petroleum Corporation (EGPC) and the President of Lebanese Petroleum Administration (LPA), the President ​of the ​Hellenic […]

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Baker Hughes signs deal for online portal marketing Egypt’s upstream opportunities

Posted: February 15, 2018 at 5:06 pm   /   Oil & Gas

The Egyptian Petroleum Ministry on Tuesday signed an agreement with Baker Hughes, a GE company, to establish an online portal to promote Egypt’s oil and gas exploration zones in a bid to attract foreign investments, Al-Ahram Arabic website reported. As part of the Egypt Portal project, a digital investment map for concession areas in Egypt […]

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Egypt is “great for BP”, CEO Bob Dudley says in CNBC interview

Posted: February 15, 2018 at 4:23 pm   /   Oil & Gas

Following are excerpts from a CNBC interview with the BP CEO Bob Dudley and CNBC’s Steve Sedgewick. SS: Thank you very much indeed for your time. We talked about the excellent return in the form of your numbers last week as well let’s talk about how operationally the business is going on- you’re here in […]

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