Prime Minister Mostafa Madbouly met with members of the Unified Government Complaints System at the Cabinet, in the presence of Osama Saad, Secretary-General of the Cabinet, and Tarek El Refai, Director of the System.
When it comes to the oil and gas industry, there are always new and innovative ways to enhance output and efficiency. In the end, production optimization increases asset value by reducing expenses and increasing operational efficiency. Enhancement techniques improve well production by reducing a wide range of operational obstacles.
TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction, subject to authorization by the relevant authorities, involves a network of about 240 filling stations and several storage facilities for petroleum products and ethanol.
Minister of Petroleum and Mineral Resources, Karim Badawi, directed to quickly meet the needs and requirements of citizens in the field of natural gas delivery by expediting the examination of requests submitted by parliament representatives. The requirements should be met by the competent authorities within the petroleum sector, and working to overcome any challenges to quickly complete the work of delivering natural gas to households in the villages and targeted areas.
Baker Hughes has reported a record in its Integrated Compressor Line (ICL) technology, stating to have achieved its largest order ever with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP). The scope of work includes 10 ICL units to be installed at Margham Gas storage facility in Dubai.
Oil imports stabilized at $13.4 billion in fiscal year (FY) 2023/24, as a reflection of the decrease in the crude oil imports by $2.5 billion, due to the lower imported quantities. In the meantime, the imports of both petroleum products and natural gas grew by $1.9 billion and $556.8 million, in order due to their higher imported quantities.
Belayim Petroleum Company (Petrobel) has won first place in the National Initiative for Smart Green Projects in the Sinai region.
TotalEnergies and its partners, Equinor and Shell, have announced the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway.
CNOOC Limited has commenced production at the Liuhua Oilfield Secondary Development Project located in the eastern South China Sea.
There is no question that when it comes to Egypt’s potential to harness and transport natural gas, Egypt has exceeded expectations of the international oil and gas community. In order for Egypt to remain on top, storage solutions for the transitional fuel is imperative.
