bp signed a Memorandum of Understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin. Under the MoU, ...
The US continues to drive global LNG supply growth, with volumes primarily heading to Europe. For the first half of the year big Asian buyer... Source link
Through leading a consortium, ExxonMobil discovered a reservoir of natural gas at a prospect off the island’s coast, Reuters reported, citing Konstantinos Letymbiotis, the spokesperson of the Cypriot government. He exp...
Petroleum Marine Services (PMS) has been awarded the execution contract for Phase Four development of the Kamose offshore gas field in North Sinai. The scope of work includes the installation of three new offshore produc...
A flurry of meetings this week between officials from the Iraqi federal government and the Kurdistan Regional Government (KRG) failed to finalize a deal to resume crude oil exports through the Iraq-Turkey Pipeline (ITP)....
The price of crude oil has shifted to bearish territory in light of softening demand, increased supply and evolving geopolitical risks. Despite a brief lull following a ceasefire between the US and the Houthis, Yemen'...
The Public Prosecution for Transport and Distribution, along with the Department of Health, Occupational Safety, and Environmental Protection (HSE) at the Egyptian General Petroleum Corporation (EGPC), held its quarterly...
Iran has brought three trains back online at the 2bn cfd South Pars Phase 14 gas processing plant, but the fourth 500mn cfd train which was damaged in an Israeli strike last month remains offline (MEES, 27 June). The pro...
Minister of Petroleum and Mineral Resources Karim Badawi met with Sherif El-Gabaly, Chairman of the Board of the Egyptian Chamber of Chemical Industries under the Federation of Egyptian Industries (FEI), and Founder and ...
Tensions have continued to rise in the Eastern Mediterranean this week amid a maritime border dispute involving Greece, Egypt, and Cyprus on one side, and Turkey and Libya on the other. The dispute over the contested wat...
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