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Morocco: Sound Energy Finalizes Preparations for Exploration Drill Program

Sound Energy, the Moroccan focused upstream gas company, said it is de-risking the development of existing discovery and finalizing preparations for the exploration drill program in the company’s Tendrara-Lakbir permit, Eastern Morocco. “I am delighted to report that Sound Energy is now poised to enter a period of intensive newsflow as we de-risk the development […]

June 7th, 2018 | Posted in Energy,Headlines,World News | Read More »

Egypt-Japan: Mitsubishi Hitachi to rehabilitate Cairo power station

Japan’s Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has won the contract to renew Cairo West natural gas and heavy fuel oil-fired thermal power plant. The contract is awarded by Egypt’s Cairo Electricity Production Company (CEPC) for the rehabilitation of the power station, which is made of four existing power generation boilers with a rated output […]

May 16th, 2018 | Posted in Energy,Headlines | Read More »

Libya: Remains of Egyptian Coptic Christians killed by IS sent back home

A Libyan security official aligned with UN-backed government announced Monday repatriation of the remains of Egyptian Coptic Christians beheaded in February 2015 in the city of Sirte after their capture by the Islamic State group (ISIS). ISIS in 2015 shocked the world after it posted a video footage showing 20 Egyptian Coptic Christians being beheaded […]

May 15th, 2018 | Posted in Energy,Headlines | Read More »

Oman: Shell, Total team up to develop gas projects in partnership with state-owned OOC

British-Dutch held Shell and French group Total have agreed to come together as they seek to get exploration and operation deals in Oman’s new gas discoveries located in the Greater Barik area onshore Block 6, Arab Trade online media reports. The two oil giants have inked a Memorandum of Understanding (MoU) to launch gas production […]

May 14th, 2018 | Posted in Energy,Gulf News,Headlines | Read More »

Nuclear deal: Trump to announce US consistence with accord or pullout

Donald Trump Tweeted on Monday he would state this Tuesday (May 8) the United States decision to stick to the 2015 nuclear deal signed with Iran and other world leaders or torpedo it. “I will be announcing my decision on the Iran Deal tomorrow from the White House at 2:00pm,” he wrote. The US leader […]

May 8th, 2018 | Posted in Energy,Headlines | Read More »

SDX Energy Announces Gas Discovery in Morocco

The UK-based SDX Energy has announced natural gas discovery at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco. The mudlog obtained through the section showed elevated gas readings of more than 20 pc with multiple sections above 50 pc, said the company engineers. The gas shows in this section contained heavier hydrocarbon […]

April 23rd, 2018 | Posted in Energy,Headlines,World News | Read More »

Yemen: Saudi oil tanker suffers slight damage in Houthi attack

A Saudi oil tanker sailing in the Red Sea off the port of Hodeidah came under attack Tuesday afternoon after Houthi rebels who control the port city assaulted the vessel before being repelled by the Saudi-led coalition in Yemen. The tanker was in international waters at the time of the attack, according to coalition sources, […]

April 4th, 2018 | Posted in Energy,Headlines | Read More »

Bahrain announces discovery of biggest oil field

Bahraini State authorities announced Sunday the discovery of the country’s so far largest oil and gas field whose production could exceed current oil and gas yield. The tiny Gulf oil producer and non-OPEC member currently explores two oil fields, namely state controlled onshore Bahrain Oil Field and the offshore Abu Safah field whose revenues are […]

April 2nd, 2018 | Posted in Energy,Headlines | Read More »

Iraq plans to boost its oil-exporting capacity

Iraq is reportedly ramping up efforts to expand its capacity to pump and export oil through building a processing facility that will double output at the Majnoon field to 450,000 bpd. Ihsan Abdul Jabbar, the director-general of state-run Basra Oil Company, told Bloomberg that Iraq is seeking bids from six companies for the $4-billion project […]

March 29th, 2018 | Posted in Energy,Headlines | Read More »

Saudi Aramco, Malaysia’s PETRONAS set up 2 joint ventures in Malaysia

Saudi oil giant company, Aramco, and Malaysia’s Petroliam Nasional Berhad (PETRONAS), have announced Wednesday the setting up of two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project. The strategic alliance is a historic partnership between two of the largest and most successful national oil companies in the world, bringing together the resources, […]

March 28th, 2018 | Posted in Energy,Gulf News,Headlines,World News | Read More »