oil and gas

  • Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field

    Wintershall Dea, BP get Approx 600 mmscf/d of Gas from Raven Field

    Monday, 26th April 2021

    Wintershall Dea and operator BP could  get a gross production of gas from Raven, the fifth field of the offshore West Nile, estimated approximately at 600 million standard cubic feet of gas per day (mmscf/d). At its peak, the Raven field is expected to deliver a gross production of 900 mmscf/d and approximately 30,000 barrels of condensate per day (gross production).

  • El Molla Discusses Developments in Mining Sector With Canadian Envoy

    El Molla Discusses Developments in Mining Sector With Canadian Envoy

    Monday, 19th April 2021

    Minister of Petroleum and Mineral Resources, Tarek El Molla met with the Canadian Ambassador to Cairo, Louis Dumas to enhance mining sector and review the latest development of the Canadian companies in the field of oil, gas, mining, and petrochemicals in Egypt, according to press release.

  • ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector

    ADNOC, PETRONAS Sign Agreement to Collaborate in Abu Dhabi’s Petroleum Sector

    Sunday, 14th March 2021

    The Abu Dhabi National Oil Company (ADNOC) signed a strategic framework agreement with Petroliam Nasional Berhad (PETRONAS) to explore opportunities for collaboration across Abu Dhabi oil and gas sector.

  • Egypt to Launch Oil, Gas Bid Round for 24 blocks

    Egypt to Launch Oil, Gas Bid Round for 24 blocks

    Sunday, 21st February 2021

    Egypt announced the start of a bid round for oil and gas exploration in 24 blocks, according to Reuters.

  • Indian PM lays Foundation Stone of Oil, Gas Projects in Tamil Nadu

    Indian PM lays Foundation Stone of Oil, Gas Projects in Tamil Nadu

    Thursday, 18th February 2021

    The Indian Prime Minister, Shri Narendra Modi, has laid the foundation stone for oil and gas projects in Tamil Nadu worth ₹32,700 crore.

  • Iraq Signs MoU with Total for Large Projects

    Iraq Signs MoU with Total for Large Projects

    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.

  • Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website

    Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website

    Sunday, 24th January 2021

    Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Petroleum and Mineral Resources and Methanex Egypt following the signing of a Memorandum of Understanding (MoU) in February 2020, enabling the creation of the Egyptian PSM Committee mandated to embed the culture of Process Safety Management (PSM) within the Egyptian oil, gas and petrochemicals sector, in alignment with the ministry’s Modernization Program and international best practices, guidelines and standards.

  • Edison Sells Norway Upstream Assets for $300 MM

    Edison Sells Norway Upstream Assets for $300 MM

    Thursday, 31st December 2020

    Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.

  • El Molla: Local Manufacturing to Dominate Oil, Gas Equipment

    El Molla: Local Manufacturing to Dominate Oil, Gas Equipment

    Sunday, 27th December 2020

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, emphasized the local manufacturing of petroleum equipment to reduce imports and rationalize foreign exchange while visiting Petrojet’s central workshops for manufacturing static equipment. This showed how all national petroleum companies (NOCs) especially Petrojet gained distinguished experiences and achieved outstanding results in the local manufacturing field.

  • Equinor Buys Onshore Assets in Russia

    Equinor Buys Onshore Assets in Russia

    Sunday, 13th December 2020

    Equinor has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million (mm).