UK | Egypt Oil & Gas - Part 8

UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016

British Oil and Gas companies located in UK's North Sea region could let go up to 45,000 employees in 2016, according to Sir Ian Wood, the former Chairman of Wood Group, an energy services company.

UK’s New Perspective to Supply Egypt with Styrene

The Egyptian Styrene & Polystyrene Production Co. (E-Styrenics) and the UK-based New Perspective have signed a one-year renewable agreement for the supply of raw styrene for industrial purposes, Egypt Oil & Gas reported.

British Tullow Strikes Oil in Kenya’s Kerio Valley Basin

UK exploration firm Tullow Oil has discovered oil traces in Kerio Valley, raising hopes of boosting Kenya's oil production potential. The firm reported seeing oil traces within a depth of 700-metres while drilling at ...

UK Cairn Energy Increases Oil Resource Estimates in Senegal

UK-based oil explorer Cairn Energy has added 20% to its resource estimate for its oilfield off Senegal coast. The estimated increase of the so-called 2C reserves remains below predictions by analysts.

UK Legalizes Fracking for Shale Gas Extraction

The UK MPs have voted to legalize fracking for extraction of shale gas trapped in underground shale rocks some 1,200m below national parks to offset declining North Sea oil and gas output.

World Powers to Aid in Iran’s Arak Reactor Redesign

A document released by Iran's state news agency IRNA proves that United States, Britain, France, China, Russia plus Germany are all helping Iran redesign its Arak heavy water reactor so that it cannot produce weapons ...

UK’s Seeking Buyer for Natural Gas Network

National Grid, the UK natural gas and electricity network operator, is seeking to sell the majority stake in its domestic gas-distribution business, the Wall Street Journal reports.

RSK To Train Petroleum Engineers, Graduates in Iraq

RSK Group and the University of Basrah have agreed to enter into a partnership to train Iraqi engineers

China, Britain Nuclear Power Agreement Reached

State-funded China General Nuclear Power Corporation has reached an agreement with France's EDF Energy to collaborate on new nuclear power plants, the BBCreported.

UK Solar Power Opens in Dubai

UK solar developer Hive Energy has officially opened a new Middle East regional headquarters in Dubai, UAE

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