oil and gas | Egypt Oil & Gas - Part 13
ADNOC Expands Its Fleet
A subsidiary of the Abu Dhabi National Oil Company (ADNOC), ADNOC Drilling, said that it is expanding its fleet, in line with the company’s 2030 Smart Growth Strategy, Gulf News reported. ADNOC acquired four new cutti...
Bahrain Seeks Boost in Oil, Gas Production
The oil and gas sector in Bahrain needs to exert more effort and to develop more projects, according to the Bahraini King, Hamad bin Isa Al Khalifa, Zawya reported citing Gulf Daily News. The Bahraini king has urged t...
Eni Denies Eyeing Dana Gas’s Egyptian Assets
Italian energy company Eni is not interested in Dana Gas’s assets in Egypt, CEO Claudio Descalzi told Bloomberg in an interview. Descalzi stressed that the company plans to develop discovered resources instead, ...
ADNOC Drills World’s Longest Well
Abu Dhabi National Oil Company (ADNOC) has successfully drilled one of the longest wells in the world on the Umm Al Anbar artificial island, the company announced. The well’s length stretches more than 40,000 feet (12...
South Sudan to Offer 14 Oil Blocks by Q1 2020
South Sudan aims to put 14 oil blocks to be explored by companies in a bid round in Q1 2020, the country’s oil minister, Awow Daniel Chuang, said, Reuters reported. “Within the next two months, we should be able...
Libya’s NOC Monthly Revenues Fall $1.8 B
Libya’s state-run National Oil Corporation (NOC) announced that its September revenues dropped by 11% to $1.8 billion from the previous month, Zawya reported. “Our strategy to increase production and stora...
Libyan NOC Gives Full Support to Its Employees
A subsidiary of National Oil Corporation (NOC), Brega Petroleum Marketing Company (BPMC), has stated that any intimidation of its employees is completely unacceptable and that further action should be taken, the Libya...
Algeria Passes New Energy Law
Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector, Bloomberg reported. Mustapha Hanifi, Head of the Energy Ministry’s hydrocarbon department, said ah...
