Petroleum Sector Receives First Egyptian-Made Oil Rig

• Wednesday, 12th July 2023
• by Sarah Samir

Minister of Petroleum and Mineral Resources Tarek El Molla, accompanied by the Governor of Suez Abdel Majid Saqr and leaders of the petroleum sector, witnessed the delivery of the first Egyptian-made oil rig. This too...

US Shale Oil Production Declining

• Wednesday, 13th January 2016
• by Egypt Oil & Gas

The decline of US shale oil production is to continue with a projected drop of 116,000b/d in February, adding to an overall decline of about 640,000b/d since the production peak in March 2015, Bloomberg reported citin...

Amazon Filters Alliance to Open Up Middle East Market

• Sunday, 6th September 2015
• by Egypt Oil & Gas

Amazon Filters has just partnered with UAE-based EPC Solutions to increase its brand awareness in the Middle East oil and gas industry, reported Trade Arabia. Amazon Filters is a leading European manufacturer of indus...

Hurdles Facing Oil Investors as Iran Braces for Major Field Development

• Sunday, 6th September 2015
• by Egypt Oil & Gas

Iranian broker Reza Mostafavi Tabatabaei has warned foreign investors heading towards Iran of the difficulties they may face, speaking from his own personal experience. This was in reference to a $87m deal in 2011 to ...

Petroleum Ministry: Isolated Belayim Oil Rig Fire Under Control

• Monday, 23rd March 2015
• by Egypt Oil & Gas

A fire that erupted in an oil rig off the shore of South Sinai on Monday has been isolated from the rest of the rig and is under control, company and ministry statements said. The fire erupted in the rig’s machi...