OIL AND GAS

01 Aug 2015

Gas Discovery Spurs Eni Further Into Egypt

As energy firms face challenges across North Africa, Italy’s Eni continues to find fortune in Egypt.


This week saw the energy giant announce that they would be strengthening their commitment to its operations in the country following further discoveries in the Nile Delta.


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30 Jul 2015

133m cubic metres of gas, oil equivalent daily to power stations: EGAS

Various areas have witnessed power outages over the last few days, despite the 1,200 MW surplus in electricity production, and the pumping of approximately 133m cubic metres of gas and oil equivalent daily by the Egyptian Natural Gas Holding Company (EGAS) for the upcoming period due to"...

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28 Jul 2015

Egypt advances refinery modernization projects

Egypt has finalized a series of joint agreements with a subsidiary of Technip SA, Paris, to provide work on projects designed to upgrade and modernize operations at two of the country’s aging refineries.


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27 Jul 2015

Technip in $2.9bn deal to upgrade Egypt refineries

Technip Italy, a world leader in project management for the energy industry, has finalised two joint agreements valued at a total of $2.9 billion with Egypt-based companies for upgrades of two refineries in the North African country.

The contract with Egyptian General Petroleum Corporation (EGPC) and Assiut Oil Refining Company (ASORC) for the modernization...

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26 Jul 2015

Egypt: Three New Petroleum Discoveries in Gulf of Suez, Eastern and Western Desert

Minister of Petroleum and Mineral Resources Eng. Sherif Ismael stressed importance of continuing development of the modern technological methods, adoption of unconventional ideas and expansion in implementation of the new wells drilling programs.


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25 Jul 2015

Ansaldo Energia signs up to gas-fired power plant conversion in Egypt

A Memorandum of Understanding (MoU) was signed by Ansaldo Energia and the Egyptian Electricity Holding Company, to cover the conversion from simple to combined cycle of the existing “6th of October” power plant on the industrial outskirts of Cairo.

Ansaldo"...

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25 Jul 2015

Egypt signs update to Head of Agreement with Eni after New Gas Discovery

Egypt and Eni on Friday signed an update to the head of agreement reached in March, following the recent discovery of gas reserves of up to 15 billion cubic metres in Egypt's Nile Delta region.


The"...

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21 Jul 2015

Egypt, Italy to sign MOUs on energy deals

Egypt's Prime Miniter Ibrahim Mahlab will travel to Itay Wednesday for a three-day visit that will see him signing memorandum of understanding (MOUs) on prospective electricity, power and oil deals.

Mahlab will meet with italian President Sergio Mattarella, government officials and 15 top businessmen in Italy,"...

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21 Jul 2015

eni discovers up to 15bcm gas in Egypt; production to start in 2 mos.

Italy’s eni has discovered gas reserves of up to 15 billion cubic meters in Egypt’s Nile Delta region, with production set to start in two months, the Egyptian oil ministry said on Monday. The discovery was made in Western Abu Madi, 120 km northeast of Alexandria, where eni holds 75 percent of exploration rights through an Egyptian subsidiary, with...

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15 Jul 2015

Katalyst Continues Worldwide Growth by Acquiring SpectrumData’s Seismic Data Management Division in Asia-Pacific

Katalyst Data Management announced today that it has acquired the Perth-based oil and gas data management division of SpectrumData Pty Ltd. SpectrumData is a leading provider of data management, tape transcription and scanning services to the geoscience data industry in the Asia-Pacific"...

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