Author: Rigs & Barge World
While Washington and Tehran remain engaged in negotiations over a new nuclear deal to potentially lift sanctions on Iran’s economy and oil s… Source link
Minister of Petroleum and Mineral Resources, Karim Badawi, met with C. Sushma, Chargé d’Affaires at the Indian Embassy in Cairo, along with a delegation comprising heads and officials from Indian petrochemical and fertilizer companies, including the Ostwal Group of Industries, FACT, HURL, and RCF. The delegation is currently visiting Egypt on an official mission commissioned by the Indian government, represented by the Indian Ministry of Chemicals and Fertilizers, to explore opportunities for strengthening cooperation with Egypt in the fields of petrochemicals, mining, and fertilizers. During the meeting, Badawi said that the Egyptian Ministry of Petroleum and Mineral Resources’ (MoPMR) strategy…
As Iran and the US head into the third round of renewed nuclear talks this weekend, the progress made in the initial phases has kindled Iranian hopes that an agreement could be reached which will enable it to boost oil output and attract foreign investment. But any deal would be subject to the ever-changing whims of US President Trump, and talks on the more taxing technical issues are only now just beginning. Mr Trump has set a two-month timeline to reach an agreement; an extraordinarily tight timeframe for such a complicated international deal. Perhaps a preliminary agreement would suffice. (CONTINUED…
Chairman of the General Authority for Suez Canal Economic Zone (SCZONE), Waleid Gamal El-Dein, attended the groundbreaking ceremony for the Treegas project, a station for the filling and manufacturing of composite liquefied petroleum gas (LPG) cylinders made from fiberglass, located within the Sokhna Industrial Zone under the Egyptian-Chinese joint venture Main Development Company. The project spans an area of 10,400 square meters, with a total investment cost of €14 million, or about EGP 310 million. The project will be implemented over two phases. The first phase includes building a factory to manufacture and fill composite LPG cylinders, with an annual…
As part of ongoing efforts to support national industry and enhance the competitiveness of Egyptian exports, the Ministry of Petroleum and Mineral Resources (MoPMR), in coordination with the General Administration for Energy Efficiency and Climate, hosted the seventh meeting of the Technical Secretariat of the Ministerial Group tasked with addressing the European Carbon Border Adjustment Mechanism (CBAM). The meeting was inaugurated by Alaa El Batal, MoPMR First Undersecretary and Supervisor of Occupational Health, Safety, Environment (HSE), Energy Efficiency and Climate, and Nermine Abu El-Atta, Advisor to the Minister of Trade and Industry for Sustainable Development and Head of the Technical…
More than five years since commissioning the $1.06bn Bahrain LNG import terminal in December 2019, the island kingdom has taken delivery of its first import cargo. It is to begin regular imports over the coming months, joining Kuwait and Dubai as Gulf importers of the fuel. LNG will supplement domestic production of 2.6bn cfd (see chart). 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
The Egyptian General Petroleum Corporation (EGPC) organized an introductory workshop titled ‘Defining the Carbon Footprint and Opportunities for Reducing Methane Emissions in Petroleum Companies’ in Suez. The workshop focused on identifying the main sources of carbon emissions in petroleum companies, preparing carbon footprint reports, pinpointing opportunities to reduce carbon emissions in petroleum companies, monitoring and measuring methane emissions, and implementing the Leak Detection and Repair (LDAR) model. The workshop also shed light on successful project implementations within petroleum companies and reviewed several recommendations aimed at strengthening environmental monitoring procedures, improving operating system efficiency, and applying environmental sustainability standards in line…
Iran’s First Vice President, Mohammadreza Aref, announced the country’s readiness to export petrochemicals to Africa in support of the continent’s industrial growth. He said this during his speech at the third Iran-Africa Economic Cooperation Conference, where he highlighted Africa’s position as a strategic partner in the new global power structure. Aref emphasized Iran’s readiness to transfer its expertise, technology, and capital to Africa’s mining and mineral industries, aiming to unlock greater value from the continent’s “golden soils.” He stated that Iran is ready to collaborate with Africa as a strategic partner in establishing clean energy and regional electricity networks. He…
Saudi oil burn dropped sharply to an 11-year monthly low 589,000 b/d for February, and over the first two months of the year overall is running at its lowest level since 2016. There have been previous false dawns, but the scale of the drop over the first months of the year sets the kingdom well on course for its first year-on-year fall since 2021. Despite the gains, oil burn remains extremely high at 678,000 b/d for 2M 2025 and 589,000 b/d for February, but Riyadh appears to have made a big stride towards its goal of eliminating oil burn by…
Fra Teknologidagen 2023. 05.02.2024 Sokkeldirektoratet arrangerer teknologidag 6. juni 2024 etter samme lest som i 2022 og i 2023. Oppdatert: 03.06.2024 Siste nyheter Produksjonstal mars 2025 23.04.2025 Førebels produksjonstal i mars 2025 viser ein gjennomsnittleg dagsproduksjon på 1 972 000 fat olje, NGL og kondensat. Boreløyve for brønnbane 30/11-16 S 15.04.2025 Sokkeldirektoratet har gitt Aker BP ASA boreløyve for brønnbane 30/11-16 S i utvinningsløyve 873, jf. ressursforskrifta paragraf 13. Her er oversikten over TFO 09.04.2025 Gjennom TFO har industrien fått jevnlig tilgang til nytt areal på norsk sokkel. I…