oil and gas | Egypt Oil & Gas - Part 9

Eni Pushes to Expand Renewable Energy in Egypt

Eni’s CEO Claudio Descalzi stated that his company aims to build renewable energy projects, including solar and wind energy, to produce 10 gigawatts of electricity during the upcoming period in Egypt. Descalzi s...

SDX’s Q1 2022 Production 17% Higher Than Expectations

SDX Energy announced that its production has reached 4,017 barrels of oil equivalent per day (boe/d) during Q1 of 2022, which is 17% higher than the mid-point guidance of 3,425 boe/d due to high production levels in S...

Neptune Energy Makes New Discovery at Hamlet Exploration Wells

Neptune Energy announced that it has discovered oil and gas at the Hamlet exploration wells (PL153) in the Norwegian sector of the North Sea. Estimates of the discovered volumes in place at Hamlet indicate that it is ...

ExxonMobil’s Fourth Project in Guyana Receives Approval

ExxonMobil is set to start work on its fourth project in Guyana, which got approval from the South American country’s Environmental Protection Agency, Reuters reported. ExxonMobil will now have the required cons...

Jay Hooley To Become ExxonMobil’s Lead Director as Ken Frazier Retires

ExxonMobil’s Board of Directors announced Ken Frazier’s decision not to stand for re-election to the board. Having been selected by independent directors, Jay Hooley will take over his role as lead director after the ...

US Firms Increase Oil & Gas Rigs

United States’ firms added oil and gas rigs for the fifth week, out of six weeks, Reuters reported. Three rigs were added; increasing the number of rigs to 491 during the week ending on August 6th, compared to 2...

El Molla Explores E&P Cooperation Avenues with Chevron

Minister of Petroleum and Mineral Resources Tarek El Molla has discussed avenues of cooperation in exploration and production (E&P)  with Chevron company that is going to conduct E&P works in areas at the Red ...

Eni announces New Offshore Discovery in Norway

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

Libya’s NOC, Equinor to Boost Joint Cooperation

Chairman of the Board of Libya’s National Oil Corporation (NOC), Mustafa Sanalla, held a meeting with a delegation from the Norwegian Equinor  A.S.A. company, headed by Alessandri Cook, Vice President of the com...

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 ways to enhance bilateral cooperation in the oil, gas and mineral resources fields, accord...

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