oil and gas

US Firms Increase Oil & Gas Rigs

Three rigs were added; increasing the number of rigs to 491 ones during the week ending on August 6th, compared to 244 rigs around this time of 2020.

El Molla Explores E&P Cooperation Avenues with Chevron

Minister of Petroleum and Mineral Resources Tarek El Molla has discussed ways of exploration and production (E&P) cooperation with Chevron company during the upcoming period in a number of areas at the Red Sea and the Mediterranean.

Eni announces New Offshore Discovery in Norway

Eni announced that it has made a new significant oil and gas discovery in production license PL027 in the Southern North Sea of Norway after drilling three wells; Wildact Prince wildcat Prince 25/8-20 S, King 25/8-20 B and the appraisal side-track 25/8-20 C in the King Paleogene.

Libya’s NOC, Equinor to Boost Joint Cooperation

Chairman of the Board of National Oil Corporation (NOC), Mustafa Sanalla, held a meeting with a delegation from the Norwegian Company Equinor A.S.A. headed by Alessandri Cook, Vice President of the company, Paul McCafferty, Head of Exploration and Production, and Lindsay Gunaway, Head of Production to boost cooperation with major international oil companies (IOCs) to develop the oil industry in Libya, according to NOC's press release.

El Molla in Jordan to Discuss Ways to Enhance Joint Cooperation

The Minister of Mineral Resources, Tarek El Molla, met with Jordan’s Energy Minister, Hala Zawati, in Amman, Jordan to discuss and enhance bilateral cooperation in the oil, gas and mineral resources field, according to a press release.

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

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

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

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 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

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

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