Egypt SuMed Pipeline Yet to Accept Iran Oil After Sanctions

• Tuesday, 8th March 2016
• by Egypt Oil & Gas

Crude oil producers in Egypt and Gulf States have yet to let Iran resume oil shipments through a pipeline they operate to supply customers in Europe and the Mediterranean Sea region, Bloomberg reported. International ...

Bahrani Company to Repair British Fleet in Gulf

• Tuesday, 7th July 2015
• by Egypt Oil & Gas

Bahrain-based Arab Shipbuilding and Repair Yard (Asry) has signed a long-term collaborative enabling agreement with Babcock, an engineering support services company from the UK, to undertake maintenance work on UK Roy...

Gulf Petrochem Acquires, Renames Kenyan Downstream Company

• Thursday, 2nd July 2015
• by Egypt Oil & Gas

Gulf Petrochem group has announced the official acquisition and name change of Essar Petroleum East Africa Ltd to Aspam Energy (Kenya) Ltd. The deal will enhance the group’s integrated services and products for the do...

Firmer Oil May Help Gulf Stabilise; Tunisia Risks More Falls

• Thursday, 19th March 2015
• by Egypt Oil & Gas

Oil’s overnight rebound and a dovish statement from the U.S. Federal Reserve may help Gulf stock markets stabilise on Thursday after falling sharply earlier this week, although crude prices remain volatile and u...

Gulf Energy Firms Pledge Renewable Gigawatts at March Summit

• Sunday, 15th March 2015
• by Egypt Oil & Gas

Leading Gulf-based energy firms Masdar and Acwa Power has signed Memorandums of Understanding (MoU) with the Egyptian Electricity Holding Company to develop up to 4 Gigawatts of renewable and natural gas power generat...