Continuous learning and training for employees in any organization are crucial to encourage competitiveness. The importance of continuous learning has even increased recently, especially in light of the use of advanced technology and the huge amount of data. In the oil and gas, continuous learning is a key factor for boosting developments and raising efficiency.
The Petroleum Pipelines Company (PPC) has assigned Petrosafe Company for supplying and installing lightning protection systems using “Early Streamer Emission” system at its site in Mostorod.
The Egyptian Finance Ministry announced that the country has allocated EGP3.5 billion in its budget of the fiscal year (FY) 2022/23 to deliver natural gas to the households.
Shell Brasil Petróleo Ltda.(Shell Brasil), a subsidiary of Shell plc, has signed the Production Sharing Contract (PSC) with Petrobras to acquire 25 % stake of the Atapu field.
Neptune Energy announced that it has discovered oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea.
In response to sanctions imposed by the West for the invasion of Ukraine, Russia's Gazprom halted gas supplies to Poland and Bulgaria after they failed to pay in roubles, Reuters reported.
As a part of the Hayah Karima (decent life) presidential initiative, Egypt has connected 86 villages to natural gas grid. Additionally, the main gas networks are currently being extended to serve about 476,000 customers in 180 villages.
Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Khairy Amr, Jordanian Minister of Investment, during his visit to Cairo. The meeting discussed increasing cooperation in implementing natural gas delivery projects inside Jordan with Egyptian expertise through specialized petroleum sector companies.
On Monday, oil prices declined more than $2 per barrel for the second straight week as world consumers announced plans to release a record amount of crude oil and oil products from strategic stocks in addition to China's continued lockdowns, Reuters reported.
Since the early 1960s, we have been a main player in the Gulf of Suez which continues to be a major oil production area.
Building on the success we have achieved over the last 5 decades, bp has decided to focus on gas, going forward, particularly in the Nile Delta Basin. It is a world-class gas basin with a lot of growth potential, and we have already invested billions of dollars there building an extensive gas infrastructure. Today, together with our partners, bp currently produces around 60% of Egypt’s gas through a joint venture with the Pharaonic Petroleum Company (PhPC) and Petrobel (IEOC JV) in the East Nile Delta as well as through the bp-operated West Nile Delta gas development.
