Author: Rigs & Barge World

1: Abu Dhabi’s Ewec Gas Feedstock Requirements Fall 30% From Their 2017 Peak Despite Overall Generation Soaring (TWh) 2: Abu Dhabi ‘Clean’ Power Generation (TWh): Output Has Soared With Barakah Nuclear Ramp-Up, Now Accounts For More Than 40% Of Generation 3: Ewec Desalinated Water Production (mn m³): Reverse Osmosis Increasingly Prominent Ewec’s Power Generation Facilities Source link

ADNOC Gas, a world-class integrated gas processing and sales company, has signed an a 10-year-term agreement with the Indian key energy player, Hindustan Petroleum Corporation Limited (HPCL), to supply it with 0.5 million metric tons per annum (mmtpa) of liquefied natural gas (LNG). The LNG will be pumped from ADNOC Gas’ Das Island liquefaction facility. It is the world’s third longest-operating LNG plant, with a production capacity of 6 mmtpa. It has shipped over 3,500 LNG cargoes worldwide since it started operations. “This long-term agreement with HPCL, also our third with an Indian company in the past year, reflects the…

UK AngloGold Ashanti reported a sharp rise in earnings and free cash flow in the second quarter of 2025 (Q2 2025), more than doubling its performance compared to the same period last year. The surge was primarily driven by a 25% year-on-year increase in gold production, reaching 804,000 ounces (oz) from managed operations at Egypt’s Sukari Gold Mine, alongside strong operational results from key assets in Ghana and Tanzania. In Egypt, the company recorded an increase in gold production from the Sukari gold mine amounting to 129,000oz in Q1 2025, compared to 120,00oz during the same period last. In addition,…

Libyan state firm Zallaf Oil and Gas has launched the second phase of its long-stalled South Refinery project as part of ambitious plans to develop the country’s downstream sector despite financing obstacles. Having concluded the initial technical and design phase for the 30,000 b/d refinery near Ubari in the southwestern Murzuq Basin (see map), the NOC subsidiary has now progressed to the second phase, which involves building the refinery’s main components, according to a 21 July statement. (CONTINUED – 719 WORDS) Read this article for free Gain access to over 60-years of energy analysis and news Delve into the details…

Minister of Petroleum and Mineral Resources Karim Badawi met with representatives from the Arabian Geophysical and Surveying Company (ARGAS), Metatek, Excalibur, and Novia. Specialized in aerial surveying and seismic imaging, the companies discussed with the minister collaborating on a national project to create a comprehensive geological database for all of Egypt. The goal is to make data accessible to both local and international companies interested in mining investments. During the meeting, Minister Badawi emphasized the crucial role of aerial and seismic surveys in identifying promising mining investment opportunities. He also highlighted the increasing global interest in Egypt’s mining sector, crediting…

Saudi Arabia is turning to discounted Russian fuel oil cargoes to meet its seasonal summer oil burn surge, Kpler data shows. Preliminary data indicates that Saudi fuel oil imports in July exceeded 300,000 b/d for the second time this summer, with Russia accounting for 76% of the total (see chart 1). The 258,000 b/d of Russian fuel oil that was delivered last month was a record high. 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…

A delegation from the Egyptian Petrochemicals Holding Company (ECHEM), headed by Chairman Ibrahim Mekky, visited China to explore strategic partnerships and potential localisation opportunities in high-value industries in Egypt. The visit included tours of advanced industrial complexes in the cities of Lanzhou and Zibo, covering sectors such as metallurgical silicon, nylon, and soda ash. In Lanzhou, the delegation inspected a metallurgical silicon facility operating 28 furnaces, each producing 15,000 tonnes annually. The plant reportedly operates at 108% capacity utilization and plans to add 11 new furnaces to meet rising demand from aluminum, alloy, and silicone industries. In Zibo, the delegation…

Jordan received on Friday the Energos Force floating, storage, and regasification unit (FSRU) at its Aqaba port, ahead of its connection to the Arab Gas Pipeline. The unit is set to commence operations next Tuesday, facilitating the gasification of liquefied natural gas (LNG) shipments, according to Jordan’s news agency. Egypt and Jordan signed a cooperation agreement in 2024 that entails leveraging Egypt’s floating storage and regasification units (FSRUs) to supply Jordan with natural gas and secure its local market demands. Jordan will benefit from the LNG to operate its power plants, said  Sufian Batayneh, General Director of National Electric Power Company…

Iraq held high-profile ceremonies last week showcasing progress the country is making in bringing online new gas processing capacity aimed at ending routine gas flaring. Prime Minister Mohammed al-Sudani inaugurated two new gas plants which have been brought online since late-2024. These took processing capacity to more than 2.1bn cfd, from 1.3bn cfd in 2023 (MEES, 6 June). Yet despite this increased capacity and bullish comments from officials, there is little indication of significant increases in gas capture rates. The newly inaugurated plants are the 130mn cfd Faihaa gas plant operated by China’s UEG and brought online in December 2024,…

The European Commission announced on 28 July that it has opened an “in-depth investigation to assess” Adnoc’s purchase of German chemicals firm Covestro (MEES, 4 October 2024). The EC cites “preliminary concerns that foreign subsidies granted by the United Arab Emirates (‘UAE’) could distort the EU internal market.” The move has caused renewed jitters over whether the deal will secure EC Foreign Subsidies Regulation (FSR) clearance (MEES, 6 June), but informed sources still point to the deal ultimately being approved. One brokerage source highlights that the announcement’s reference to “possible” rather than realized foreign subsidies “and seems more focused on…