Author: Rigs & Barge World
The Egyptian Bioethanol Company (EBIOL) has signed an early works contract with China TianChen Engineering Corporation (TCC), a subsidiary of China National Chemical Engineering Company (CNCEC), to keep Egypt’s large-scale bioethanol production project on track according to the planned timeline. An early works Contract is a preliminary contract for work that needs to be done on a construction project before the main, final contract is signed. It covers initial, often site-preparation activities like demolition, excavation, or land clearing, allowing the project to start and gain momentum while the full contract details are still being finalized. Once operational, the project is…
Minister of Petroleum and Mineral Resources, Karim Badawi, met with a delegation from the Saudi Egyptian Investment Company (SEIC), a subsidiary of the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia, to discuss investments in Egypt’s petroleum and fertilizer sectors, according to a statement. The meeting reviewed the company’s investments in the petrochemical and fertilizer industries in Egypt through its stake in Misr Fertilizers Production Company (MOPCO) and Abu Qir Fertilizers and Chemicals Co. Badawi highlighted that efforts to increase domestic production of gas and secure its imports have enabled petrochemical and fertilizer plants to resume full operations.…
Media release: Net Zero Australia reaffirms critical role of gas & CCUS in transition | Australian Energy Producers Skip to content Source link
Karim Badawi, the Minister of Petroleum and Mineral Resources, and Expro, the international energy services company, met to discuss ways to enhance cooperation in drilling services and technological solutions for the oil and gas industry. The company was represented by Hussein Elsisi, MENA Vice President at Expro, and Ossama Amin, the company’s CEO for the East Mediterranean and South Gulf region. During the meeting, Badawi shed light on the distinctive capabilities in Egypt’s oil and gas sector and its geographical location, which qualifies it to become a launchpad for companies looking to expand their activities in the region. He noted…
SLB, a leading technology company in the energy sector, has signed a definitive agreement to acquire RESMAN Energy Technology, a specialist in wireless reservoir surveillance solutions. The acquisition, expected to close in early 2026 pending regulatory approvals, strengthens SLB’s offerings in reservoir monitoring and production optimization. RESMAN’s advanced chemical tracer systems enable operators to track the movement of water, gas, oil, and CO₂ in reservoirs with parts-per-trillion precision, providing detailed insights into well performance and reservoir behavior without production interruptions. Such capabilities are vital in oil and gas as well as in emerging sectors like CO₂ storage and geothermal energy.…
With only two days left before the Joint Comprehensive Plan of Action (JCPOA)—the 2015 nuclear deal between Iran and world powers—could be upended, the stakes are incredibly high. The United Kingdom, Germany, and France, often referred to as the E3, have initiated the “snapback” mechanism, a measure designed to restore international sanctions on Iran. This comes after Iran’s continued violation of the agreement by enriching uranium far beyond the agreed-upon limits.The JCPOA was a landmark agreement signed in 2015. In it, Iran agreed to significantly curb its nuclear program, including scaling back its uranium enrichment activities. In exchange, the E3,…
Opinion article by Samantha McCulloch in The Australian on how natural gas is powering Australia’s energy future | Australian Energy Producers Skip to content Source link
Equinor announced that production began on September 19 at the Askeladd Vest subsea field in the Barents Sea, boosting long-term gas supplies to Norway’s Melkøya liquefied natural gas (LNG) plant. The new development includes two wells installed on a subsea template tied back to the Askeladd field, which started production in 2022. Grete B. Haaland, senior vice president for Exploration and Production North at Equinor, stated, “Askeladd Vest is a key phase in developing the Snøhvit field. Also it will support maintaining full production at Hammerfest LNG, located on Melkøya Island, is Northern Europe’s only LNG production and export facility.…
Egypt and TotalEnergies discussed enhancing joint cooperation, with new investment opportunities available through the Egypt Upstream Gateway (EUG) for oil and gas exploration in offshore and onshore areas. This came during the meeting between Karim Badawi, Minister of Petroleum and Mineral Resources, and Pascal Breant, Managing Director of TotalEnergies Exploration and Production in Egypt. The meeting further reviewed regional cooperation in developing gas resources and optimizing the use of infrastructure, which contributes to supporting Egypt’s plans as a regional energy hub. During the meeting, Badawi emphasized the importance of expanding cooperation with the company to support the Ministry’s strategy, which…
As part of his Visit to Amman, Karim Badawi, Minister of Petroleum and Mineral Resources, met with Saleh Al-Kharabsheh, Jordanian Minister of Energy and Mineral Resources, to discuss the cooperation between the two countries in the oil and gas sector. The two ministers stressed the importance of building on their cooperation in natural gas, which utilizes existing infrastructure, including the gas network connecting Egypt and Jordan, as well as the liquefied natural gas (LNG) import system, while also promoting the exchange of technical expertise. In July, the two ministers witnessed the commissioning of the floating storage and regasification unit (FSRU)…