An arbitration panel has backed Dana Gas in its decision to terminate a sales agreement with IPR Energy.
Dana Gas has more than doubled its collections from Kurdistan and Egypt in the first half of the year.
Eni has signed a memorandum of understanding (MoU) on producing hydrogen in Egypt.
Petrojet’s crude oil storage tank in Ras Badran has officially entered the Guinness World Records ranking.
SDX Energy has completed its first three wells in Morocco and will now pause until September or October.
The joint venture working at Abu Sennan has started production from a well only two months after the discovery, United Oil & Gas has said.
PGS and ION Geophysical have completed a survey offshore Egypt using a new extended long offset (ELO) design.
Egypt is pushing for the Japanese owners of the Ever Given ship to come to a deal, alleging the vessel was going too fast when it halted traffic through the Suez Canal.
Baker Hughes has signed a memorandum of understanding with Egypt’s Petrojet, after meeting Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla.
The ASD-1X, in Egypt’s Abu Sennan, is a commercial discovery, United Oil & Gas reported, saying a second well had been spudded on May 2.
SDX Energy has begun drilling in Morocco, targeting five wells this year in pursuit of meeting local gas demand.
Egypt has signed an agreement for a major petrochemical plant in Ain Sokhna, with an investment of $7.5 billion.
BP has started up gas production at the Raven field, offshore Egypt.
Delek Drilling has signed a non-binding memorandum of understanding (MoU) with Abu Dhabi’s Mubadala Petroleum on the sale of a gas field offshore Israel.
Dana Gas has abandoned plans to sell its Egyptian assets to IPR Wastani Petroleum for up to $236 million.
Energean is on a path to transformation, with capital expenditure peaking in early 2022 and delivering – hopefully – 200,000 barrels of oil equivalent per day in 2023.
Pharos Energy has secured improved fiscal terms on its El Fayum concession, in Egypt’s Western Desert.
The MT Ever Given remains stuck across the Suez Canal, driving up oil prices – and jokes on social media.
The MT Ever Given container ship has become wedged into the wall of the Suez Canal, blocking the waterway.
Shell’s Nigerian production fell to 223,000 barrels of oil equivalent per day in 2020, with the company blaming security issues, sabotage and theft.
Eni has completed a deal settling differences over the Damietta LNG plant.
Innovative Energy has made an all-cash $12.5 per share offer to take ADES International into Saudi Arabian hands.
At COP21 in Paris in 2015, 11 countries made gas flaring a stated commitment to their Paris Nationally Determined Commitments (NDCs). Disappointingly, five years on, flaring has increased for these 11 countries, by 6% to 60 billion cubic metres per year.
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls.
Kuwait Energy has tested the ASH-3 well in Egypt at 6,379 barrels per day of oil and 6.7 million cubic feet per day of gas.