UK | Egypt Oil & Gas - Part 4

UK Grants £33 mm to Eni’s HyNet North West Integrated Project

UK Research and Innovation (UKRI) has funded the HyNet North West Integrated project with £33 million through its Industrial Decarbonization Challenge (IDC) fund, which means covering 50% of the investments necess ...

ADNOC L&S Acquires Assets of Speedy Hire PLC

ADNOC Logistics & Services Company announced the acquisition of the all the assets of Speedy Hire PLC (Speedy) in UAE in order to expand its handling service.

Premier Satisfies Chrysaor Merger Conditions

Premier Oil Company announced that all conditions requested for merger with Chrysaor company has been satisfied and all the requisite anti-trust approvals has been received.

EG Group Agrees to Acquire Majority Stake of Asda

Euro Garages Group (EG Group) announced that it had reached to an agreement to acquire the majority ownership stake in Asda Group Limited (Asda) including its assets of petrol stations, car washes and ancillary la ...

Maersk Drilling Wins UK Contract Worth $11.3 MM

Maersk Drilling company announced that has won a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill a development well at the Grove North East in the UK North Sea worth $11.3 ...

Premier Oil’s Shareholders Approve Merger with Chrysaor

Premier Oil company announced that its shareholders has approved the merging transaction with Chrysaor and the reorganization of Premier’s existing debts and cross currency swaps during the company’s general meeti ...

Penspen Wins Additional Engineering Project in UAE

Penspen Company announced that it has won a detailed engineering project from Target Engineering Construction Company in Abu Dhabi ate UAE, starting from December 2020.

Eni Acquires 20% Stake of Largest Offshore Wind Project in UK

Eni Company announced entering the world’s largest offshore wind project for producing electricity in United Kingdom (UK) after acquiring a stake of 20% from Equinor New energy and SSE Renewables of Dogger Bank (A ...

UK Companies Explore Energy Opportunities in Egypt

UK companies have expressed their interest in exploring energy opportunities in the Egyptian market, as stated in a virtual energy event hosted by the UK's Department for International Trade (DIT) and the Scottish ...

Qatar Petroleum Secures Long-term Storage Capacity in UK

State-run Qatar Petroleum (QP) has entered into a long-term agreement with the UK’s National Grid Grain LNG for liquified natural gas (LNG) and regasification capacity.

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