Author: Rigs & Barge World
During his visit to Jordan, Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), met with Abdel Wahab Al-Rowad, CEO of the Jordan Phosphate Mines Company (JPMC). Also present were Yasser Salah El-Din, CEO of the Jordanian Egyptian Fajr for Natural Gas Transmission and Supply Company, and Mohamed El-Bagoury Head of the Central Administration for Legal Affairs at MoPMR. The meeting focused on cooperation and the exchange of expertise in the utilization of raw phosphate and the development of downstream mining industries, particularly the phosphate fertilizer sector. Both countries have untapped phosphate reserves, offering new opportunities for partnerships. Badawi highlighted…
QatarEnergy signed a Terms of Reference (TOR) with the Ministry of Commerce and Industry (MoCI) on 5 July to encourage new industrial development in Mesaieed Industrial City (MIC), the country’s second major industrial center. “Through this agreement, the Ministry of Commerce and Industry will lead efforts to attract industrial investments, connect with investors, and coordinate the industrial ecosystem, while QatarEnergy will provide technical and commercial expertise related to resource allocation and utilization,” Minister of Commerce and Industry Faisal bin Thani Al Thani said. (CONTINUED – 664 WORDS) Read this article for free Gain access to over 60-years of energy analysis…
During his official visit to Jordan, Minister of Petroleum and Mineral Resources Karim Badawi inspected the construction of the Al-Khonastri gas compressor station, a key project executed by Egyptian petroleum sector companies. Located in northern Jordan, the project is being built for the Jordanian Egyptian Fajr Company by a consortium comprising Petrojet and Enppi. Officials said the project is over 96% complete. The Al-Khonastri facility will support Jordan’s domestic gas network and enhance the Arab Gas Pipeline’s capacity. This project strengthens energy security and gas supply flexibility for both nations, reinforcing cross-border cooperation. Attendees included Yasser Salah El-Din, Chairman of…
The International Energy Agency (IEA) CEO, Fatih Birol, has called on the European Union (EU) to reconsider its stance against Arctic oil and gas exploration as the bloc works to safeguard future energy supplies, Reuters reported. The EU maintains its ban on Arctic drilling for environmental reasons but is weighing a policy shift amid mounting energy security concerns. Norway, much of whose territory lies within the Arctic, is pressing the bloc to abandon its backing for a moratorium on new oil and gas drilling in the region. “I support the Commission to give a very close look at this issue,…
The fragility of the US-Iran ceasefire was brought into sharp relief this week when Iranian attacks on three tankers crossing the Strait of Hormuz sparked the most serious military escalation between the two in weeks. The latest flare-up appears to stem from the ambiguities built into the MoU. To secure agreement, both sides appear to have drafted some of the more contentious issues in deliberately vague terms. This left certain provisions in the 14-point document open to interpretation, with neither Washington nor Tehran now willing to shift its position. (CONTINUED – 1051 WORDS) Read this article for free Gain access…
Matthews forecasts UAE tender price inflation of 6%-9% in 2026 and building cost increases of up to 12%, as fuel, freight and insurance costs feed through into contractor pricing following the US-Iran conflict Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link
Morocco plans to add two new pumped storage plants totalling 662MW to integrate renewable energy capacity into the grid and offset its intermittency. The North African state is already a regional leader in renewable energy, which accounted for 41.3% of the total end-2024 installed capacity of 11.2GW (see chart & MEES, 7 March 2025). (CONTINUED – 727 WORDS) Read this article for free Gain access to over 60-years of energy analysis and news Delve into the details backed by data Exclusive information from high-level officials Assess future risks and opportunities Source link
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), inspected Shell Global’s drilling operations at the “Velox-1X” exploratory well aboard the drilling vessel Stena IceMax in the North Cleopatra area of the Herodotus Basin in the Mediterranean Sea. The Drilling operations, which will reach a depth of 6,000 meters- the deepest offshore well in the region-, will be undertaken by Shell in cooperation with Chevron, Tharwa Petroleum, the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy. The Minister said “Velox-1X” is in an unexplored frontier area, and the drilling activities will provide critical geological data to open new exploration opportunities,…
The Cabinet granted golden licenses for two Battery Energy Storage System (BESS) projects operated by Nefertiti Energy Storage Batteries Company and Horus Energy Storage Batteries at the Benban area in Aswan governorate. The Golden license is a one-stop approval given to major investment projects. It allows investors to build, run, and manage a business using a single document, replacing dozens of permits from different government offices Nefertiti Energy Storage Batteries Company project includes the design, build, production, management, operation, and maintenance of BESS across a land area exceeding 214,000 square meters. With an investment of $450 million, the project is…
The facility, which consists of 1,262 reduction cells and produced 2.4 million tonnes of alumina in 2025, suffered damage in Iranian drone and missile attacks on Kezad on 28 March Subscribe to read the full article Become a MEED subscriber for unlimited access to: Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insights SUBSCRIBE To MEED REGISTER to unlock sample content Source link