Author: Rigs & Barge World

        It’s unusual for two rival Israeli politicians from opposing camps to deliver the same message to the Iranian people, but that’s precisely what happened this week. Both current Prime Minister Benjamin Netanyahu and former Prime Minister Naftali Bennett released video messages directly addressing Iranians, offering help with the country’s severe water crisis. Iran is currently facing a severe water shortage, especially in the capital, Tehran. This issue, which has been growing for decades, is a major problem throughout the country. It is widely attributed to government negligence, a struggling economy, and increasingly tight international sanctions.Mr Netanyahu’s message went further, blaming…

Karim Badawi, Minister of Petroleum and Mineral Resources has appointed Abeer El-Sherbiny, the Acting Head of the Ministry’s Technical Office as the Official Spokesperson for the Ministry. El-Sherbiny has started her career in the petroleum sector as a technical studies engineer at the Egyptian Petrochemicals Holding Company (ECHEM) in 2011 and rose through the ranks until she became Assistant General Manager of the Technical Office at the company in 2025. Source link

ConocoPhillips Skandinavia AS, a US.-based multinational energy corporation, has contracted Halliburton, one of the world’s major energy solutions provider, to supply integrated well stimulation services designed to increase well efficiency and maximize reservoir production. According to Halliburton’s statement, the contract’s term is five years, with the option to extend it for three additional periods. Under the agreement, Tidewater’s vessel, North Pomor, will be converted into an upgraded stimulation vessel able to supply offshore well stimulation services in the North Sea. These upgrades will feature Octiv® digital fracturing services to optimize the stimulation equipment performance and operational efficiency. “We are pleased…

Australian Energy Producers will recommend a prospective reservation policy as part of a suite of actions to deliver more gas supply to the domestic market and provide certainty to gas producers and users. In a submission to the Gas Market Review, Australian Energy Producers said a collaborative approach is needed to deliver enduring and sustainable solutions to future-proof the gas market and break the cycle of short-term fixes, market interventions and looming shortfalls. “The Government’s Future Gas Strategy makes it clear that natural gas will remain critical to Australia’s energy security through to 2050 and beyond,” Australian Energy Producers Chief…

Mahmoud Esmat, Minister of Electricity and Renewable Energy, chaired on Thursday the 23rd meeting of the Supreme Council of Energy to discuss providing the necessary infrastructure and energy for a number of energy-intensive industrial activities to support national and investment projects. The Council reviewed requests from ministries, authorities, and companies to secure electricity and natural gas for some projects, including 14 new industrial projects and existing facilities which are expanding their capacities. In this respect, the Council approved projects to be supplied with necessary energy, including new solar glass factories, an industrial complex for producing chemically derived sodium sulfate, an…

Iraqi Oil Minister Hayan Abdulghani announced prematurely in Kirkuk on 6 August that exports would restart “today or tomorrow.” No such restart took place. Similar pronouncements have been a semi-regular feature ever since the ITP was shut in March 2023, but Mr Abdulghani’s latest statement comes amid a renewed effort to reach terms with IOCs following last month’s Baghdad-KRG agreement (MEES, 18 July). Another complication is pressure from Ankara, which wants to renegotiate the terms of the ITP treaty. Turkey has warned it will not renew the current ITP treaty when it expires in June 2026 and is seeking renegotiated…

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Arthur Regan, CEO of Energos Infrastructure Management LLC,  a US-based company involved in deploying Floating Storage and Regasification Units (FSRU)  to review ongoing cooperation in the field of developing infrastructure for imported liquefied natural gas (LNG) through FSRUs that are currently operational. During the meeting, Badawi stressed that Egypt has successfully established a robust LNG import infrastructure with a capacity of up to 2.25 billion cubic feet per day (bcf/d) in record time. Egypt has three operating regasification units at SUMED and Sonker ports in Ain Sokhna, including Energos Eskimo,…

Chevron (39.66%) and its partners at Israel’s key 1.2bn cfd Leviathan field, local firms NewMed (45.34%) and Ratio (15%) are increasing gas exports to neighboring Egypt, and in the process preparing the groundwork to increase capacity to more than 2bn cfd. “NewMed Energy and its partners in the Leviathan Reservoir, sign the largest Export Deal in Israel’s history – with a ~130 BCM Natural gas worth 35$ billion,” NewMed announced on 7 August. Volumes will be delivered over a 15-year period. (CONTINUED – 1691 WORDS) Read this article for free Gain access to over 60-years of energy analysis and news…

The government’s regular monthly payment of accumulated arrears for foreign partners would encourage them to return to produce at the previous high output levels, boosting Egypt’s natural gas supply by 2027, said Prime Minister Moustafa Madbouly, during the cabinet’s weekly meeting on Wednesday. The increased production capacity of the Zohr field is another factor Madbouly cited for the expected recovery in production level. Egypt’s production volume had been low, dropping from more than 6.6 billion cubic feet per day (bcf/d) to 4.1 bcf/d over the last two to three years, said the Prime Minister. “Citizens should understand that production fields…

Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with leaders of petroleum companies to follow up on the progress of the Red Sea National Petrochemicals Complex project. Set to be built in the Suez Canal Economic Zone, the complex is one of the most important projects supporting the Egyptian economy, given its economic value through increasing local production and realising import substitution, which would greatly reduce the import bill and maximize the added value of crude oil by converting it into products previously imported from abroad, he added. The project is fully financed by Egyptian investments. During…