Egypt: Petroleum investments reached $8.1 billion in FY 2016/2017
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Egypt: Petroleum investments reached $8.1 billion in FY 2016/2017

Minister of Petroleum Tarek El Molla said Saturday that the current fiscal year witnessed an estimated investment of $ 8.1 billion in the petroleum sector. In a press…

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Cyprus Government takes steps in response to Turkish Navtex
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Cyprus Government takes steps in response to Turkish Navtex

The Cypriot government said it has taken all steps in response to new Turkish naval drills in Cyprus’ Exclusive Economic Zone (EEZ) scheduled for this Saturday. Turkey’s navy issued…

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ExxonMobil delegation in Egypt to discuss possible oil and gas projects
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ExxonMobil delegation in Egypt to discuss possible oil and gas projects

A delegation from ExxonMobil reportedly arrived in Egypt to discuss possible oil and gas projects within the next 5-7 years, an Oil Ministry source says, Youm7 reports. The…

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Heerema Netherlands scoops more Leviathan work with Noble Energy
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Heerema Netherlands scoops more Leviathan work with Noble Energy

Heerema Fabrication Group (HFG) has been awarded a procurement and construction contract for the Noble Energy’s Leviathan vent boom under the Heerema Marine Contractors’ transport and installation contract.…

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مزايدة النفط والغاز: عرض وحيد من العيار الرفيع
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مزايدة النفط والغاز: عرض وحيد من العيار الرفيع

يُعتبر العرض المُقدّم من تحالف شركات «توتال»، «ايني»، و»نوفاتك» للتنقيب عن النفط في لبنان، رغم انه العرض الوحيد، مؤشراً ايجابيّاً على الثقة في البلد، ذلك أن شركات النفط…

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Cyprus running out of time to get gas imports right
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Cyprus running out of time to get gas imports right

DEFA has received the green light to proceed with the retention of consultants to finalise plans for LNG imports. It is aiming to be ready early 2018, perhaps…

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Expected production timetable for Zohr
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Expected production timetable for Zohr

Egypt’s supergiant gas field Zohr will be producing 500 million cubic feet (mmcf) a day by the end of 2017, Prime Minister Sherif Ismail said on Saturday, according…

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MENA LNG imports and exports
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MENA LNG imports and exports

The latest LNG World Shipping infographic highlights how the Middle East and North Africa region has evolved from an export-dominated LNG market to become one of the world’s…

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