Author: Rigs & Barge World
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…
19/06/2024 In 2023, a group under the FORCE umbrella drew up a guideline for sharing ensemble data in production licences. Now it’s time for a review. When multiple models are created for a specific reservoir (ensemble), this results in a lot of data. The sharing of too much or too little are both problematic. The consequence could be that licensees are unable to exercise due diligence, or that they cannot participate in a constructive manner when decisions are made. Read the guideline here. “The initiative to create the guideline came up due to the variable degree of…
Tethys Oil, now under Chinese ownership, is shifting its focus in Oman away from its only producing asset Blocks 3&4 (CCED 50%op, Tethys 30%, Mitsui E&P 20%), where output continues its steady downwards trajectory, hitting a decade-low 27,000 b/d for 2024. The company is hoping that Block 56 (Tethys 65%, Biyaq 25%, Medco 5%, Intag 5%), where its field development plan was approved in November, can reverse its fortunes (MEES, 29 November 2024). The firm is looking to develop the Al Jumd discovery over 2025-2026 and the Sarha and Menna discoveries from 2026-2027. (CONTINUED – 306 WORDS) Read this article…
The Abu Dhabi National Oil Company (ADNOC) announced that it signed a 15-year Sales and Purchase Agreement (SPA) with Mitsui & Co., Ltd., to supply up to 0.6 million tons per annum (mtpa) of lower-carbon liquified natural gas (LNG) from its Ruwais LNG project. This marks the fifth long-term LNG SPA for Ruwais LNG and further reinforces ADNOC’s commitment to Japan’s energy security and the supply of cleaner energy worldwide. Ruwais LNG, set to commence operations in 2028, is expected to become one of the lowest-carbon intensity LNG plants globally, powered by clean energy and advanced AI-driven technology. With up…