El Jadida News

 

Saudi Aramco CEO says IPO will 'certainly' happen

Nov 12, 2018

Saudi Aramco Chief Executive Officer Amin Nasser said the initial public offering of the state-oil producer will 'certainly' happen when the conditions are right.Saudi Aramco said it is still in discussions to buy a stake in petrochemicals company Saudi Basic Industries Corp…

Hess Corp Completes Drilling on Aspy Well Offshore

Nov 12, 2018

The  exploration and production company Hess Corporation said that Aspy probe did not encounter commercial quantities of hydrocarbons.Hess Corporation announced in a press statement that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7…

Total Will Invest More in Short Cycle Projects

Oct 23, 2018

French oil and gas major Total will invest more in short cycle projects, said its chief executive on Tuesday.Patrick Pouyanne was a speaking at an investment conference in Riyadh.(Reporting by Rania El Gamal, writing by Alexander Cornwell, Editing Saeed Azhar)

ADNOC Offshore Says Nasr Field Facilities Completed

Oct 22, 2018

Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…

Hoegh LNG Vessel to Leave Egypt Before Weekend

Oct 16, 2018

Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.The minister…

QP to Take Over Idd El Shargi North Dome Field

Oct 14, 2018

Qatar Petroleum announced that it will manage and operate the Idd El-Shargi North Dome (ISND) field following the expiry of the Development & Production Sharing Agreement (DPSA) with Occidental Petroleum of Qatar on October 6, 2019.Qatar Petroleum…

Saudi Aramco to Spend Over $133 bln on Drilling Over Next Decade

Sep 17, 2018

State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday.'We will spend more than half a trillion Saudi Riyals on drilling activities over the next decade…

Eni expands offshore Morocco footprint

Dec 20, 2017

Eni reported today (20 December) it has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya…

ADES names new CFO

Sep 06, 2017

ADES International Holding, the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, announces the appointment of Ahmed El-Khatib as chief financial officer (CFO) with immediate effect…

AGR bags Dana deal off Egypt

Jul 21, 2017

Global energy services and technology company AGR, has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply the latest version of its P1 software for deepwater exploration efforts offshore Egypt. Petter Mathisen…

Marathon Oil appoints Dane Whitehead as CFO

Feb 24, 2017

Marathon Oil has appointed Dane Whitehead executive vice president and chief financial officer, with an anticipated effective date of 6 March. Whitehead, 55, has most recently served as executive vice president and CFO of both EP Energy Corp…

Corridor gets new Old Harry license

Jan 17, 2017

Canadian junior firm Corridor Resources was issued exploration license EL-1153 from the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) in exchange for the surrender of exploration license EL-1105 covering the Old Harry Prospect in the Gulf of St…

Egypt, oil majors enter exploration deals

Dec 28, 2016

Egypt’s Oil Ministry has signed three oil and gas exploration agreements in the Mediterranean Sea worth an estimated US$220 million, according to news reports.  Image from Eni. The deals are with supermajor BP…

Eni inks Egypt concession duo

Dec 27, 2016

Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round. Eni is the operator of the North El Hammad block with 37…

C-NLOPB cancels Black Spruce's licenses off Newfoundland

Nov 02, 2016

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) advises that exploration licenses (ELs) 1127 and 1128, located off Newfoundland’s west coast held 100% by Black Spruce Exploration, have been cancelled due to non-compliance…

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