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Natural Gas Expansion Fuels Sinai’s Development Surge

The Cabinet Media Center has published a report that included infographics highlighting the nation's unprecedented boom and major development and reconstruction projects in Sinai and cities along the Suez Canal as well as the benefits of the implementation of security and development strategies throughout 10 years

Falcon Oil and Gas Announces Gas Sales Agreement with Northern Territory Government

Falcon Oil and Gas Ltd. has announced that the Beetaloo Joint Venture (BJV) has signed a binding agreement for a long-term Gas Sales Agreement (GSA) with the Northern Territory Government.

SDX Sells West Gharib Assets

SDX Energy Plc has announced a binding sale and purchase agreement (SPA) for disposing its West Gharib interests in Egypt.

Petrofac Secures $350M Technical Services Contract in Equatorial Guinea

Petrofac has secured a $350 million Technical Services Contract with Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region's Block B asset.

Petroleum Minister Follows Up on the Latest Developments of Natural Gas Delivery Projects

Minister of Petroleum and Mineral Resources Tarek El Molla has taken measures to review the implementation of projects to deliver natural gas to homes and the activity of supplying cars with gas during the current fiscal year 2023/2024 until the end of last March.

Petronas, JERA Partner to Assess CCS Value Chain Between Japan, Malaysia

Petronas, through its subsidiary Petronas CCS Solutions Sdn Bhd (PCCSS), has signed a joint study agreement (JSA) with JERA Co., Inc to evaluate the feasibility of an entire carbon capture and storage (CCS) value chain.

SLB to Cooperate with Aker Carbon Capture to Accelerate Industrial Decarbonization

SLB announced an agreement to combine its carbon capture business with Aker Carbon Capture (ACC) to support accelerated industrial decarbonization at scale. Following the transaction, SLB will own 80% of the combined business and ACC will own 20%.

Town Gas Achieves EGP 4B in Revenues

The company achieved total revenues amounting to approximately EGP 4 billion and a net profit exceeding EGP 112 million, an increase of 57% over the previous year, in a first for the company.

JERA, ExxonMobil to Develop Low-Carbon Hydrogen, Ammonia Production Project in US

JERA, Japan's leading power generator, and ExxonMobil has partnered to explore the development of a low-carbon hydrogen and ammonia production project in the United States.

Venture Global LNG Expands Its Reach with Acquisition of Nine LNG Transport Vessels

Venture Global LNG has announced its plans to acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes, according to Reuters.

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