云顶赌场老虎机 drilling company Stena Drilling has signed a contract with Shell for the use of the Stena Forth drillship in Egypt.The contract was signed with Shell's subsidiaries, BG Delta Limited and BG International Limited.The Stena Forth is expected to start operating for Shell in 2023鈥
Israel's NewMed Energy forecast on Tuesday that the country's nascent sovereign wealth fund will get a 52 billion shekel ($15 billion) injection in the coming decade from its two main natural gas fields. NewMed Energy Chief Executive Yossi Abu said that the company鈥
Jack-up rig specialist Shelf Drilling has won a one-year contract extension for the Trident 16 jack-up rig in Egypt.The contract will be in direct continuation of the rig's current term with Belayim Petroleum Company (鈥淧etrobel鈥) for operations in the Gulf of Suez鈥
Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year鈥
Italian energy group Eni and U.S. energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis 云顶赌场老虎机 Area concession operated by Chevron鈥
Egypt has set a new international tender for oil and gas exploration rights in the Nile Delta and Mediterranean sea, the state news agency reported on Tuesday.The tender was set for 12 blocks, split evenly between onshore and offshore, and the鈥
The United Arab Emirates said on Thursday that Sultan al-Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year. Jaber, also UAE's minister of industry and technology and its climate envoy鈥
Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project鈥
U.S. oil company Chevron has reportedly made a gas discovery at the Narges-1X well in the Mediterranean Sea, offshore Egypt.The news was first shared by MEES, which cited an unnamed source, according to which Chevron has found 3.5tcf of gas鈥
The Egyptian Natural Gas Holding Company has awarded BP stakes in two exploration blocks in the Mediterranean Sea, off the coast of Egypt. The Northwest Abu Qir 云顶赌场老虎机 Area - in which BP, as the operator, holds 82.75% and Wintershall-Dea holds 17鈥
云顶赌场老虎机 drilling contractor Valaris announced on Monday that its drillship VALARIS DS-12 has been awarded a contract to drill four wells for BP offshore Egypt.The contract is expected to commence late in the third quarter or early in the fourth鈥
Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public鈥
The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs, its President Sheikh Mohammed bin Zayed al-Nahyan said on Monday at the start of two weeks of climate talks in Egypt.He added the Gulf nation鈥
Egypt is aiming to take over the development of Gaza's offshore natural gas field, Egyptian and Palestinian officials said, in what would be a boost for the cash-strapped Palestinian economy. While Egypt and Israel have been producing gas in the eastern Mediterranean for years鈥
East Mediterranean gas reserves can help ease Europe's energy crunch but require funding from institutions like the European Bank for Reconstruction and Development and the European Investment Bank to realise the area's full potential, an official said on Friday鈥
