Halliburton celebrated 25 years of providing hydraulic fracking to Egypt’s petroleum sector. Minister of Petroleum and Mineral Resources Karim Badawi attended the event, underscoring the importance of modern technologi...
Dubai-listed GulfNav announced on 28 May that it has signed a sale and purchase agreement (SPA) with Nasdaq-listed Brooge Energy for a AED3.3bn ($900mn) purchase of its assets and subsidiaries; namely Brooge Petroleum an...
Minister of Petroleum and Mineral Resources Karim Badawi approved a new appointment movement that included several chairmen of oil and gas sector companies in the last week of May. Mohamed Ahmed Mohamed Ismail was appoin...
Lower oil prices have taken their toll on Saudi Arabia’s crucial oil export revenues which underpin the kingdom’s economic engine. Falling prices coupled with a modest 1% drop in oil export volumes (MEES, 23 May) pus...
Nuclear power is gaining momentum in the Middle East, with the UAE emerging as the region’s front-runner, surpassing Iran in both operational capacity and international engagement. Meanwhile, Saudi Arabia is laying the...
Sudan’s military-led government has secured a deal with Egypt to increase power supplies for its Northern State to address a 40-day power blackout caused by the ongoing fighting in the war-torn country, according to st...
Aramco has kicked off its first bond sale of the year with a three-tranche dollar-denominated offering. The firm confirmed the issuance under its Global Medium Term Note Programme on 27 May. Aramco is raising $5bn throug...
ADNOC Distribution, in partnership with TotalEnergies Marketing Egypt (TEME), launched ADNOC Voyager lubricants across Egypt. This marks the first time ADNOC Voyager products will be available at third-party points of sa...
Shell Egypt celebrated the conclusion of the training of 1000 entrepreneurs through its annual Itlaqaah program , in collaboration with Flat6labs, Egypt’s leading venture capital firm. This initiative is part of the fl...
Egypt is actively expanding its natural gas infrastructure through renting three Floating, Regasification and Storage Units,(FRSU) with plans to add a fourth one soon, said Minister of Petroleum and Mineral Resources, Ka...
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