Oil | Egypt Oil & Gas - Part 49
Mexico’s Pemex Unlikely to Meet Production Targets
Petróleos Mexicanos, commonly known as Pemex, is unlikely to meet production goals for this year, The Wall Street Journal reported. The company has faced major obstacles over the past year as the Mexican government op...
Nigeria to Deploy Drones to Reduce Oil Theft
Nigeria’s state-run NNPC has started work on a plan to utilize drones to reduce oil theft, reported Bloomberg. “We are looking at the current logistical nightmares of changing staffing at the loading bay of crud...
Bombing of Eni JV in Libyan Capital of Tripoli
Three days after ENI’s announcement of “biggest ever” Mediterranean natural gas deposit in the Mediterranean Sea, a car bomb went off in front of the headquarters of Mellitah, an oil and gas joint venture between the ...
Defiant Sudan Leader in China Despite ICC Arrest Warrant
Sudanese President Omar Hassan al-Bashir on Monday began a four-day visit to China, reported International Business Times, oblivious of a warrant for his arrest issued by the International Criminal Court (ICC). Previo...
PetroSafe Cleans Oil Spill in Nile
Petroleum Safety and Environmental Services Company (PETROSAFE) announced that it has completed the Assiut oil spill clean-up, reported Amwal Al Ghad. A gasoil (Mazzot) spill in the Nile from a power plant in Assiut ...
Egypt’s Sisi Meets with Eni’s CEO
President Abdul Fattah El-Sisi met with Eni’s CEO Claudio Descalzi, reported State Information Services. The meeting was attended by Minister of Petroleum and Mineral Resources Sherif Ismail and a number of the ...
Total Selling Midstream Assets in the North Sea
French oil and gas major Total is selling its midstream assets in the North Sea, reported Offshore Post. The company is selling its assets, currently two subsea pipelines and an onshore processing plant, for $905m. Th...
Schlumberger Buys Cameron, Becomes Industry’s First Integrated Drilling and Production Company
Schlumberger has announced that it will buy oil services rival Cameron International for nearly $13b in cash and stocks, reported The Wall Street Journal. The new company will combine the expertise of Schlumberger—foc...
