Author: Rigs & Barge World

Minister of Petroleum and Mineral Resources Karim Badawi met with Mathios Rigas, Chairman and CEO of Energean, and Nicolas Katcharov, CEO and Chairman of Energean International E&P SpA, to discuss advancing cooperation between Egypt’s petroleum sector and Energean’s concession areas for natural gas production in the Mediterranean Sea. Badawi emphasized the ministry’s commitment to supporting partnerships, overcoming challenges, and delivering tangible results within its strategy to boost domestic natural gas production. He also highlighted the importance of seizing the new opportunities in the Mediterranean region offered by the ministry for the exploration and production of natural gas resources. Rigas confirmed…

Geologist Jorge Sanchez-Borque (from the left), director general Torgeir Stordal and geophysicist Petter Dischington from the Norwegian Offshore Directorate will speak during the major EAGE technical conference. Arne Jacobsen, Kristoffer Engenes and Lars Gunder Klefstad will also participate. 07/06/2024 Experts in the Norwegian Offshore Directorate are key speakers at the EAGE technical conference. Here they’ll talk about scientific work that benefits the industry as well as the broader society. It’s a major event that the EAGE conference (European Association of Geoscientists and Engineers) will be held in Norway, from 10-13 June in Lillestrøm. Around…

Libya’s first oil and gas bid round in nearly two decades is targeting foreign heavyweights including US giant ExxonMobil, with NOC hoping to lure back international investors to boost oil and gas output after years of political instability and frequent oilfield shutdowns. With 22 onshore and offshore blocks on offer, including 19 prior discoveries with estimated in-place reserves of 1.63bn barrels of oil equivalent (boe) (MEES, 14 March), NOC hopes to “rescue the Libyan oil sector from declining levels of oil production,” it said in a statement on 7 April as acting chief Massoud Suleiman launched the latest promotional event…

The Vice Executive Managing Director For Production and Fields Development of Egyptian Natural Gas Holding Company (EGAS), Abdel Nasser Khafagy, Chairman of Belayim Petroleum Company (Petrobel), Khaled Mowafy, and representatives of Baker Hughes, have conducted an inspection visit to the Nexans global plant in Halden, Norway, to follow up on the manufacturing of the giant subsea power cable for the southern area of the Zohr Field–a pivotal step in maintaining the sustainability of well operations and production rates from the field. The submarine cable, spanning about 84 kilometers, is planned to be installed at a depth of nearly 1,500 meters,…

Inspiring and good presentations and discussions at Technology Day 2024. (Photo: Frode Dyrdal) 10/06/2024 Technology Day 2024 turned out to be exactly what the Norwegian Offshore Directorate was hoping for, with presentations and discussions about acquiring subsurface data, challenging barrels and next-generation production systems. Technology Day 2024 was organised for the third time on Thursday, 6 June in the Norwegian Offshore Directorate’s offices in Stavanger. The objective was to share experience, as well as to inspire and exchange ideas. Clear objectives in the Directorate’s technology strategy include improving exploration, increasing recovery and reducing…

Indirect talks between the US and Iran on April 12th initially generated optimism, with both sides describing the first round’s outcome as constructive. There was a glimmer of hope that the US might permit Iran to maintain its nuclear program, contingent upon uranium enrichment remaining at 3.67% for use in electricity-generating nuclear reactors, and with a cap of 300 kg on the total enriched uranium stockpile until 2030. However, Iran views any demand to abandon enrichment beyond this permissible level and to restrict it to a specific site, as stipulated by the now-defunct 2015 Joint Comprehensive Plan of Action (JCPOA), as a…

Egypt Oil and Gas (EOG) Group has launched the fourth edition of “She Is Energy” Event on April 15, 2025 at Triumph Luxury Hotel. The Workshop was technically prepared by Egypt’s Women in Energy Network which is a part of the EOG Committee. The workshop was opened by a keynote speech of Eleanor Rowley, Managing Director Egypt at Capricorn Energy and Egypt’s Women in Energy Network Lead, highlighting the importance of this event and its objective. She also emphasized the vital role of the Women in Energy Network among the petroleum sector. “Egypt’s Women in Energy Network is extremely active.…

Media release: QLD voters oppose Greens’ gas ban, back long-term role for gas: poll | Australian Energy Producers Skip to content Source link

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al Saud has announced the discovery of 14 new oil and gas fields and reservoirs. The new discoveries are located in the kingdom’s oil and gas heartlands in the Eastern Province, as well as in the more challenging and remote Empty Quarter region. In a 9 April statement, Prince Abdulaziz said “these discoveries will also support sustained economic growth and prosperity, in line with Vision 2030 and Saudi Arabia’s ambitious goals to fully harness its natural resources and enhance global energy security.” Neither the ministry nor Aramco released information regarding the…

Egypt Oil and Gas Group (EOG) launched the fourth edition of She Is Energy event on April 14 at the Triumph Luxury Hotel in Cairo, hosting key industry leaders to reflect on the remarkable role of women who are shaping the future of energy and celebrating their accomplishments, while spotlighting work done for them through the Women in Energy Network, which is part of the EOG Committee. Running on the theme of Inclusion as Catalyst for Growth, the event included in the morning insightful interactive sessions and breakout workshops to accelerate action and drive change for women in the energy…