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NEWS | Egypt aims to be a Mediterranean energy hub

Energy demand in Egypt has been rising in recent years. Yet, oil production in Africa’s largest non-OPEC producer has been declining.

NEWS | Senior oil and gas executive appointed regional chair of engineering construction skills body

A senior oil and gas executive with more than 25 years’ experience in both upstream and downstream delivery has been elected Regional Chair of the Engineering Construction Industry Training Board (ECI (...)

NEWS | Oil edges up on Venezuela sanctions, but economic outlook weighs

Oil prices rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry outweighed pressure from a darkening outlook for the global economy.

NEWS | Penspen celebrates Colombian success with new office and contract win

Penspen, a leading global provider of engineering, asset integrity and project management services to the energy industry, has recently opened a new office in Bogota, Colombia.

NEWS | ADNOC seals $5.8 billion refining and trading deal with ENI, OMV

Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company’s (ADNOC) refining business and establish a new trading operation owned by th (...)

NEWS | Eni announces start-up of new production well, offshore Angola

Eni has launched a new production well in the Vandumbu field, about 350 km north-west of Luanda and 130 km west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.

NEWS | Zenith Energy Subsidiary Acquires Drilling Equipment For EUR722,000

Zenith Energy Ltd on Wednesday said its oilfield services unit Zena Drilling Ltd has purchased drilling equipment from B Robotics W Srl for EUR722,000.

NEWS | Subsea Technology & Rentals Expands Its Aberdeen Team

Subsea Technology & Rentals (STR), are pleased to announce the recent appointment of Ian Harvey as Senior Sales Engineer.

NEWS | Drilling of Kekra-1 well in deep sea: Oil and gas field to be developed with Rs41 bn investment

The four exploration and production companies’ joint venture headed by Italian company ENI that has started spudding Kekra-1 well in Indus G Block in Pakistan’s deep sea, if meets the success, will ca (...)

NEWS | Oil firm as supply cuts point to tighter market despite weakening economy

Oil prices firmed on Wednesday after climbing about 3 percent in the previous session as expectations that OPEC-led supply cuts will tighten markets despite signs of a global economic slowdown.

NEWS | Keynote Programme Announced For SPE Offshore Europe 2019

Artificial intelligence, energy diversification and the transformation of the workforce will be amongst the major talking points at SPE Offshore Europe 2019.

NEWS | Italy's Eni wins Sharjah oil and gas concessions in first-ever competitive bid

Italian oil and gas company Eni won three concessions in Sharjah’s first-ever competitive bid, adding to the firm's partnerships in the UAE’s energy industry.

NEWS | HVPD Brings In The New Year With Middle East Expansion

Electrical network monitoring specialists, High Voltage Partial Discharge (HVPD), has placed its first roots in the Middle East with the relocation of one of its senior business development figures an (...)

NEWS | Ophir to take $300 million impairment after being denied block license extension

Ophir Energy Plc said it expects to report a non-cash write down of $300 million in its full-year results after being denied the extension of a block license which houses a liquid natural gas project (...)

NEWS | Eni gains operatorship of Oooguruk offshore Alaska

Eni has entered into an agreement with Caelus Natural Resources Alaska LLC to acquire 70% and operatorship of the Oooguruk oil field off Alaska.

NEWS | Serica Energy Says Eni Spuds Rowallan Exploration Well

Serica Energy PLC on Monday said the Rowallan exploration well in the central North Sea was spudded.

NEWS | Toyota Invests in Sea Machines Robotics

Boston-based Sea Machines Robotics has recently closed a $10-million investment.

NEWS | Ghana's First Oil Exploration Licensing Round Attracts Global Majors

Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.

NEWS | Mozambique's Area 4 partners secure buyers for Rovuma LNG project: ExxonMobil

Singapore — Oil major ExxonMobil says its project partners in Mozambique's Area 4 concession have secured LNG offtake commitments for the Rovuma LNG project, paving the way for a final investment deci (...)

NEWS | Women In Industry 2018

WOMEN IN INDUSTRY 2018 - Elaine Duthie ( lead structural engineer ), Loren Campbell ( senior e&i designer )

NEWS | Eni approves the investment plan for Merakes development project in Indonesia

Eni will start with the execution of the Merakes development project in Indonesia following the approval received by the Minister of Energy of Indonesia and the authorization for the investment plan s (...)

NEWS | Eni reports oil discovery in Afoxe prospect offshore Angola

Italian oil and gas major Eni has reported a new oil discovery in the Afoxe prospect in Block 15/06, located offshore Angola following the drilling of the Afoxe-1 NFW well.

NEWS | Business UK continental shelf still worth oil investment despite Brexit - Equinor

Norwegian oil and gas firm Equinor will remain committed to the mature British continental shelf regardless of the country's plans to leave the European Union, a senior executive told Reuters.

NEWS | Saipem servers suffer cyber attack in Middle East

Italian oil services company Saipem (SPMI.MI) said it had identified a cyber attack out of India on Monday that had primarily affected its servers in the Middle East.

NEWS | Brazil denies licence for Total to drill for oil near the Amazon Reef

The Brazilian Environment Agency, Ibama, has announced that it will not grant French oil company Total permission to drill for oil near the mouth of the Amazon Reef, off the coast of Amapá state, Nort (...)
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