SDX Energy plc has announced that it commenced drilling the Ksiri-21 (KSR-21) well in Sebou Central of the Gharb Basin in Morocco.
Oman's OQ Gas Networks (OQGN), the pipelines business of state oil giant OQ, said it planned to float up to 49% of its shares through Oman Energy Trading Company Limited and Oman Oil Services Limited, in what is expected to be the biggest initial public offering (IPO) in the Sultanate in almost two decades.
Eni, in a joint venture with Italian utility Snam, set up last year the first CCS project in Italy offshore from the city of Ravenna.
Oman LNG signed two binding term-sheet agreements to supply Liquified Natural Gas (LNG) to Shell International Trading Middle East FZE and to OQ Trading. The signing ceremony took place in Muscat.
Taking place on Wednesday 14th February 2024, as part of the EGYPES Future Energy Zone, the CLIMATECH Challenge will serve as a platform for start-ups to showcase their groundbreaking climate technology and business models in front of a panel of influential judging committee members comprising investors, c-level executives, top government officials, thought leaders and an audience of senior energy executives.
During its meeting, chaired by Prime Minister Mostafa Madbouly, the Cabinet approved the Prime Minister’s draft decision regarding the establishment of the National Council for Green Hydrogen and its Derivatives.
El Molla reviewed the development and exploration activities for natural gas, where he explained that a plan is being implemented to drill 45 natural gas wells in the Mediterranean Sea and the Delta with investments of about $1.9 billion.