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Egypt Oil & Gas 10/17/2019 07:15
Two-thirds of the concession areas in Egypt are still unexplored, according to Dr. Samir Raslan, Vice Chairman for Agreements & Exploration of Egyptian Natural Gas Holding Company (EGAS), Al-Ahram reported. During the 10th Mediterranean Offshore Conference and Exhibition (MOC 2019), Raslan reviewed the exploration and production (E&P) areas in Egypt in the eastern and western […]
Egypt Oil & Gas 10/17/2019 05:25
Kuwait’s Heavy Engineering Industries and Shipbuilding (HEISCO) was awarded a $5.59-million tender for importing seamless pipes, Zawya reported citing Mubasher Kuwait Oil Company (KOC) offered the tender, which took 36 weeks. The transaction will generate operating profits which will be reflected on HEISCO’s financial statements for fiscal year (FY) 2019/20. It is worth noting that […]
Egypt Oil & Gas 10/17/2019 05:12
Egypt’s Prime Minister, Moustafa Madbouly, has praised the existing cooperation with the World Bank during his meeting with WB President, David R. Malpass in Washington. The meeting was also attended by the Minister of Investment and International Cooperation, the Minister of Petroleum, the Minister of Finance, the Minister of Trade and Industry, and Egypt’s ambassador […]
Egypt Oil & Gas 10/17/2019 04:04
Emirates National Oil Company (ENOC) has opened three service stations in Sharjah, according to Emirates News Agency (WAM). Opening the new stations comes in line with ENOC’s plans to expand its retail network by 30 stations over the upcoming two years. The company’s expansion plans aim to strengthen its retail presence across the UAE with […]
Egypt Oil & Gas 10/17/2019 03:13
Oil investments in Bahrain have recorded around $8 billion over the past few years, according to Bahrain’s Oil Minister, Shaikh Mohammed bin Khalifa Al Khalifa, Zawya reported citing Gulf Daily News. Al Khalifa said that Eni plans to start drilling the first oil exploratory well in the northern maritime block by year-end and early next […]
Egypt Oil & Gas 10/17/2019 02:40
The Abu Dhabi National Oil Company (ADNOC) and Russia’s Gazprom Neft have entered into a strategic cooperation agreement for upstream and downstream sectors, according to Pipeline Oil and Gas Magazine. The agreement was inked by Vladislav Baryshnikov, Deputy CEO, International Business Development, and a member of the Management Board, Gazprom Neft, and Abdulmunim Saif Al […]
Egypt Oil & Gas 10/16/2019 09:14
Prime Minister Mustafa Madboly met Rick Perry, the US Minister of Energy, during his visit to Washington, DC, according to the Cabinet’s Facebook page. The meeting was attended by the ministers of Investment and International Cooperation, Petroleum and Mineral Resources, Trade and Industry, as well as the Egyptian Ambassador to Washington, Yasser Reda. During the […]
Egypt Oil & Gas 10/16/2019 08:17
During MOC 2019, Enppi’s Chairman and Chief Executive Officer (CEO), Ahmed El Gohary, has signed a cooperation protocol with EJUST’s Head, Alaa Hegazy, in the fields of training, scientific research, and development. Enppi said in its statement published on the firm’s LinkedIn page, that the protocol came in light of its Corporate Social Responsibility (CSR), […]
Egypt Oil & Gas 10/16/2019 07:54
Gastec showcased its new natural gas stations, designed along with the Italian giant Eni, which are planned to be inaugurated and operated soon in Port Said, followed by other governorates, according to Al-Ahram. Gastec’s Head, Abdel Fattah Farahat, presented a moquette of the new integrated station model during the 10th anniversary of the Mediterranean Offshore […]
Egypt Oil & Gas 10/16/2019 07:15
Wintershall Dea Egypt is participating in the 10th Mediterranean Offshore Conference and Exhibition (MOC 2019) under the patronage of Tarek El Molla, Minister of Petroleum and Mineral Resources, at the Bibliotheca Alexandria Conference Center. The conference was attended by Wintershall Dea Egypt’s Managing Director (MD), Sameh Sabry, who delivered the firm’s speech and discussed the […]
Egypt Oil & Gas 10/16/2019 06:27
Kuwait Oil Tanker Company (KOTC) aims to expand its fleet by adding eight liquified natural gas (LNG), crude, and petroleum tankers to its fleet by early 2021, Pipeline Oil and Gas News reported. This was announced during the naming ceremony of KOTC’s two liquified petroleum gas (LPG) carriers built by Korea’s Hyundai Heavy Industries Company […]
Egypt Oil & Gas 10/16/2019 03:42
The Abu Dhabi National Oil Company (ADNOC) has awarded a 5% stake to LUKOIL in Ghasha ultra-sour gas concession, Pipeline Oil and Gas Magazine reported. Moreover, the managers of ADNOC, LUKOIL, and the Russian Direct Investment Fund (RDIF) inked a framework agreement for more potential future cooperation in the Ghasha concession. “The concession award, as […]
Egypt Oil & Gas 10/16/2019 03:35
Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector, Bloomberg reported. Mustapha Hanifi, Head of the Energy Ministry’s hydrocarbon department, said ahead of the new law’s passing that the older version had “shown its limits,” where authorities used to decide between maintaining high taxes or […]

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