pipelines | Egypt Oil & Gas - Part 7
Saipem Cuts Jobs Amid Q2 Losses
Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings target reduction. The company, controlled by Italian oil producer Eni SpA, ...
Ukraine Only Dependent on 30% of Natural Gas from Russia, Finance Minister Says
Ukraine is currently buying only 30% of natural gas in Russia, Ukraine’s Finance Minister Natalia Yaresko said Friday. Yaresko said that currently Ukraine is buying 70% of gas in the EU, which is reverse gas. Earlier ...
Dana Gas Affirms Commitment to Egypt at March Summit
Dana Gas will invest $350 million (Dh1.28 billion) in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the company’s chief executive said on Saturday. Th...
Iran: Gas Exports to Iraq by May, to Expand by Next Year
An Iranian official has announced the country’s plan to export natural gas to Iraq within months. The head of the National Iranian Gas Export Company (NIGEC) Alireza Kameli told IRNA on Monday that Iran’s gas flow to ...
Manouchehri: Iran Can Now Design-Build Pipelines, Rigs and Installations
Iran achieves self-sufficiency in the construction of Persian Gulf gas installations, says official. Head of Iranian Offshore Engineering and Construction company (IOEC) Gholamreza Manouchehri said Monday that Iran ha...
Japan After Iran Gas in Bid for Energy Security
A Japanese delegation is in Iran to discuss possible gas imports through pipeline or in the form of LNG, the Fars news agency says. The visit follows recent calls by Prime Minister Shinzo Abe to look for new sources o...
Egypt, Cyprus Sign MOU for Gas Pipeline and Imports
Cyprus signed an MOU with Egypt on Monday that could see the island supplying its Mediterranean neighbour with natural gas. Cyprus is keen to exploit the Aphrodite field off its southeastern coast but the reserves pro...
