UK | Egypt Oil & Gas - Part 9
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 BBC reported. The agreement was announced in a joint press c...
UK Solar Power Opens in Dubai
UK solar developer Hive Energy has officially opened a new Middle East regional headquarters in Dubai, UAE, reported Trade Arabia. The office will focus on developing solar PV opportunities in the region. CEO Giles Re...
UK Helps Iran with EOR as Iran Develops Scottish Gasfield
According to Press TV the United Kingdom will pay Iran the country’s share of revenues from Scotland’s offshore Rhum Gas Field, but only after sanctions on the Islamic Republic are lifted. Iranian Deputy Oil Minister ...
European Companies to Help With Saudi Gas Transformation
Two European companies, Spain’s Tecnicas Reunidas and Britain’s Petrofac, have been selected build the Fadhili gas plant in Saudi Arabia for Saudi Aramco, industry sources told Reuters. The contracts are w...
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...
Britain Fast Tracking Fracking Applications
The British government recently announced changes in the way applications for hydraulic fracturing (fracking), are processed, Reuters reported. The new regulations will allow local Communities’ Ministers to directly a...
Soma Oil and Gas Under UK Investigation Over Corruption in Somalia
The Serious Fraud Office has opened a criminal investigation into British company Soma Oil and Gas. The SFO said the matter was related to corruption in Somalia. In a statement, Soma said it was “confident”...
EU Court Accepts Iran Gas Companies Appeal over Sanctions List
The European Union has removed two Iranian oil companies from its sanctions list, the first such action since Iran reached a nuclear agreement with world powers earlier this month, a notice from the British finance mi...
