gas | Egypt Oil & Gas - Part 36

Schlumberger Earnings Fall by Half

Schlumberger ltd, the world’s largest oil services company, said that its Q3 earnings have fallen by 49%,

Circle Oil Prepares for Well Testing in Morocco

Circle Oil, the North African company, informed that the KSR-A well, located within the Ksiri Central production concession of the Sebou permit, onshore Morocco, reached a TD of 1,890 metres MD on 19 September 2015.

3rd FSRU to Arrive in March

Sources at EGAS told Egypt Oil & Gas, that the 3rd floating Storage and Reclassification Unit (FSRU) ship is planned to arrive to Egypt the coming March of 2016.

World Bank to Guarantee Ukrainian Gas Purchases

The World Bank and the European Investment Bank (EIB) have signed an agreement to provide loans worth $520m to Ukraine for the purchase of natural gas, the World Bank

Chemical Group INEOS Buys 12 North Sea Fields

The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported.

Egypt’s EGAS to Release Details of LNG Tenders Today

The Egyptian state-run corporation for natural gas—EGAS—plans to finalize the winning bidders for a tender of 45 LNG shipments, Reuters

Russian Oil and Gas Sector Faces Sanctions, Taxes

The Russian oil and gas industry keeps encountering impediments to growth. Oil and Gas Technology

Petroleum Minister Meets IOCs About Oil and Gas Field Development

Tarek El Molla—Minister of Petroleum and Mineral Resources—held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (r ...

Oil Majors, Petrobras Skip Brazil Bid Round

Major oil companies like Shell, BP, and Total failed to submit bids for new blocks in Brazil’s most recent auction yesterday,

Canadian Oil Sands Rejects Takeover Bid

Canadian Oil Sands, a major force in the oilsands business in several Canadian provinces, has rejected an unsolicited offer to buy it out,

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