UK | Egypt Oil & Gas - Part 8
UK Firm to Lead Renewables Effort in Cuba
Cuban specialist investment firm Leni Gas Cuba has inked a deal with UK solar power and storage specialists CFS (Commercial Funded Solar) to assess the potential for installation and operating renewable energy and hyb...
Apache North Sea Awards Subsea 7 Contract Offshore UK
Subsea 7 S.A. announced that it has secured an engineering, procurement, installation and commissioning (EPIC) contract from Apache North Sea, worth between $50 and $150m, as part of the Callater field development, lo...
UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016
The British oil and gas industry is set for another round of job cuts, according to Sir Ian Wood, the former Chairman of Wood Group, an energy services company. Wood Group stated that the oil and gas companies locate...
UK’s New Perspective to Supply Egypt with Styrene
The Egyptian Styrene & Polystyrene Production Co. – E-Styrenics – and the UK-based New Perspective company have signed a one-year renewable agreement for the supply of raw styrene for industrial purpos...
British Tullow Strikes Oil in Kenya’s Kerio Valley Basin
UK exploration firm, Tullow Oil, has discovered oil traces in Kerio Valley, raising hopes for boosting Kenya’s oil production potential. The firm reported seeing oil traces within a depth of 700 meters, while dr...
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 the coast of Senegal, The Telegraph reported. The upwards revision takes its estimated recoverable reserves at the field...
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, Reuters reported. The fracki...
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 we...
