Wednesday, 31st March 2021
Pharos Energy and the Egyptian General Petroleum Corporation (EGPC) have agreed to amend the terms of El Fayoum Concession in the Western Desert, which will raise Pharos's cost recovery petroleum percentage from 30% to 40%.
Monday, 29th March 2021
Sidi Kerir Petrochemicals Company (Sidpec) started Phase 2 of its Strategic Energy Review (SER) Project with KBC, a Yokogawa Company, on March 14, 2021.
Tuesday, 23rd March 2021
Mubadala investment Company (Mubadala) announced that it has signed a memorandum of understanding (MoU) with Snam Company, one of the world's leading energy infrastructure operators, to jointly invest and develop hydrogen in UAE.
Monday, 8th March 2021
Petroleum Marine Services company (PMS) announced that it has implemented 87 projects worth $171 million at the highest quality and at their time line despite coronavirus pandemic during 2020.
Sunday, 28th February 2021
Roseneft company announced that its Komsomolsk refinery invested more than RUB 750 million in environment- oriented assets during the period between 2018 to 2020.
Thursday, 18th February 2021
The Ministry of Petroleum and Mineral Resources, in collaboration with Schlumberger, has launched Egypt Upstream Gateway (EUG), the first exploration and production (E&P) digital data center.
Wednesday, 17th February 2021
The CEO of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, approved the planning budget of El Hamra Oil Company with $81 million of investments for the fiscal year (FY) 2021/22 during the general assembly of the company, according to General Trade Union for Petroleum Workers.
Monday, 15th February 2021
Badr El-Din Petroleum Company (Bapetco) announced that its investments reached $298 million with 100% success rate in drilling three exploration wells during H1 of FY 2021/22 as well as planning to drill two exploration wells during H2 of FY 2021/22.
Wednesday, 27th January 2021
The Iraqi Ministry of Oil has signed a memorandum of understanding (MoU) with Total company for cooperating in establishing promising large projects.
Thursday, 21st January 2021
Energean announces the North El Amriya (NEA), and North Idkunea concession (NI) Final Investment Decision in offshore Egypt.