The agreement was signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo
Eni and EGAS announced Wednesday a new agreement aimed at increasing gas production and liquefied natural gas exports. The agreement, signed by the Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo, will focus on promoting the export of Egyptian gas to Europe, specifically to Italy, “in the […]
Sanctions will hit consumers hardest
New sanctions over Russia’s invasion of Ukraine could be “catastrophic” for European products unless imports can be found from new refineries, an expert said Wednesday. Banning oil and product flows from Russia to Europe would create a seismic shock, with more than 55% of European imports of diesel and gasoil coming from Russia,” Rystad Energy’s […]
Oil & Gas Middle East caught up with Siemens Energy’s Head of New Energy Business MEA, Manuel Kuehn, for a discussion on where the Middle East stands as a hub for the energy transition
Is the energy industry doing enough to embrace sustainability and the energy transition? I think the energy industry is doing a lot, whether it’s going to be enough, other people will evaluate sooner or later, and we will see if we achieve our climate goals or not, but what I see is an incredible momentum […]
Oil & Gas Middle East reconvenes its hydrogen thinktank to discuss how adoption of the future fuel is progressing and the Middle East’s role in helping drive the energy transition
Navigating the energy transition and the changing demands of the energy mix have been hot button topics within the oil and gas industry. Numerous solutions have been suggested as to how the world can reduce its reliance on hydrocarbons and help mitigate climate change and, of these, hydrogen has emerged as a serious contender as […]
Neil Gunnion, Country Head and Vice President, Operations, Qatar at McDermott speaks exclusively with Oil & Gas Middle East following the announcement that his firm will be responsible for the offshore scope of Qatar’s giant North Field Expansion Project
McDermott was awarded a major engineering, procurement, construction, and installation (EPCI) contract by Qatargas in January for the offshore scope of its North Field Expansion Project. The North Field Expansion Project will increase Qatar’s liquefied natural gas (LNG) production capacity significantly, from 77 million tons per annum to 126 million tons per annum. LNG is […]
Oil & Gas Middle East caught up with Siemens Energy’s Head of New Energy Business MEA, Manuel Kuehn, for a discussion on where the Middle East stands as a hub for the energy transition
Is the energy industry doing enough to embrace sustainability and the energy transition? I think the energy industry is doing a lot, whether it’s going to be enough, other people will evaluate sooner or later, and we will see if we achieve our climate goals or not, but what I see is an incredible momentum […]
Russia says it demands only rubles for its gas and will not ship gas for free
Russia’s insistence that its “unfriendly” nations pay in rubles for Russian natural gas risks disrupting European supplies as soon as this week as the deadline set by Putin for moving to ruble payments is drawing closer. Europe, which depends on Russian natural gas for more than one-third of its demand—with some countries, including the biggest […]
Tarek El-Molla, Egypt’s Minister of Petroleum & Mineral Resources was also in attendance
Egypt’s President Abdel Fattah el-Sisi met with Claudio Descalzi, CEO, Eni, on Thursday to discuss the company’s activities in the country. In attendance was also Egyptian Minister of Petroleum & Mineral Resources Tarek El-Molla. The main topics of conversation were regarding Egypt’s production of natural gas and LNG. The country has aspirations of becoming a […]
The JV will also increase localisation in the kingdom
Baker Hughes, Dussur, Saudi Aramco, SABIC signed an agreement Wednesday to form a joint venture (JV) to provide oilfield and industrial chemical in Saudi Arabia. “This partnership is directly aligned to our broader strategy to invest for growth and leverage our existing strengths while exploring new business models to better serve our customers and the […]
