OIL AND GAS

21 Oct 2014

Tamar Partners Start Negotiation for Gas Export to Egypt Via Existing Pipeline

The Tamar Partners started negotiations with Dolphinus Holdings to export gas produced in Israel to Egypt through the existing gas pipeline operated by East Mediterranean Gas. The parts signed a letter of intent on Friday.


‘The"......

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21 Oct 2014

Dragon prepares for 3D seismic campaign offshore Egypt

Dragon Oil has invited bids from contractors to acquire 3D seismic over a 100-sq km (38.6-sq mi) area in block 19 East Zeit Bay in the Gulf of Suez offshore Egypt.


In parallel, the company is evaluating tenders"......

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20 Oct 2014

Israel's Tamar Partners Sign Letter of Intent with Egypt's Dolphinus Holdings

Israel’s Tamar Partners have signed a letter of intent (LoI) with Egypt’s Dolphinus Holdings Limited to supply five billion cubic meters (bcm) of natural gas, Delek Group, one of the partners in Tamar field, said on Sunday.


"......

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20 Oct 2014

Egypt's natural gas exports down 86% y-o-y in August

Natural gas exports continue to drop as more production is used to meet Egypt's rising electricity demands.

Egypt's exports of natural gas in August witnessed an 86 percent drop compared to the corresponding month of the previous year, the state-run Information and Decision Support Centre (IDSC) reported on Sunday.

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18 Oct 2014

Egypt: Petroleum Minister - Existing Oil Infrastructure to Be Upgraded

Petroleum Minister Sherif Ismaeil has visited the Upper Egyptian provinces of Assiut and Minya. He toured the ministry's key projects in the two provinces and held meetings with top officials.


"Several"...

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16 Oct 2014

Apache Corp to raise gas supplied prices to Egypt

The US oil and gas producer Apache Corp. operating in Egypt aims to reach an agreement with the Egyptian government about raising the prices of gas supplied by the end of the year, the company said on Wednesday. The company expects capital investment to remain stable over the next few years at US$1.4 billion annually, with an increase of $450 million in operating...

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15 Oct 2014

Egypt: Government Announces Project to Produce Bio-Diesel From Cooking Oil

The ministry of supplies and internal trade has concluded its technical research for a project to produce bio-diesel from cooking oil, the minister announced on Tuesday, adding that the project will be enacted "soon".


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13 Oct 2014

Transworld Group, NAWAH Partner to Serve Iraq’s Growing Cargo Demands

Dubai-headquartered companies Transworld Group and NAWAH announced today that the two firms have entered into a formal agreement to service Iraq’s growing demand for imports, linking their considerable shipping, logistics, marine services and port capabilities.


...

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11 Oct 2014

EMAS AMC Finalises Triple Contract Signings With Noble Energy for Subsea Tie-Back Projects in the US Gulf of Mexico

  • Combined contracts valued in excess of US$300 million1
  • First Deepwater Pipelay project for flagship vessel Lewek Constellation
  • Total scope includes over 80 miles (130 km) of Pipe-in-Pipe (PiP) flowlines and over 56 miles (100 km) of umbilicals in water depths up to 7,200 ft (2,200 m)
  • Offshore work will commence in 2015 using...

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09 Oct 2014

Investment Minister: 95% of fertilizer factories’ needs to be provided for by November through gas imports

Investment Minister Ashraf Salman has stated that the government will provide for 95% of fertilizer factories’ needs in November by directing a portion of Egypt’s natural gas imports to the factories while taking power stations’ needs into account so that the black-out"...

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