Egypt
ECH to build world largest naphtha cracker at Sokhna Egypt Carbon Holdings, a privately-owned company, is working with several national export credit agencies to expand the financing of its Tahrir Petrochemical project including the world largest naphtha cracker to be installed at Ain Sokhna at the entry of the Suez Channel in Egypt. Originally estimated […]
Egypt Key Projects and Business Highlights The first half 2013 appears as a contrasted period for the oil & gas and petrochemical sector in Egypt with major companies such as Apache, BG Group (BG), BP, Dana Petroleum (Dana), Eni, ExxonMobil, Shell or Vega Petroleum Ltd (Vega) confirming their interest for this country and performing successful discoveries […]
Shell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving from the exploration phases of […]
Dana reached agreement with Sharjah Emirate on Zora The Sharjah-based private company Dana Gas (Dana) managed to reach an agreement with the authorities of the Sharjah and Ajman Emirates in the United Arab Emirates (UAE) regarding the offshore development of the Zora gas field in the Sharjah Western Offshore concession. In 2008, Dana was awarded by […]
Ethydco selected Toyo and ENPPI for Alexandria PE The local Egyptian Ethylene and Derivatives Company (Ethydco) selected Toyo Engineering Company (Toyo) from Japan and the Egyptian Engineering for the Petroleum and Process Industries (ENPPI) company to build the largest polyethylene plant in Egypt. With a capacity of 400,000 t/y of polyethylene, this greenfield unit is […]
Maersk to develop BP 20K drilling technology concept BP selected Maersk Drilling from Denmark and the Houston-based engineering company KBR to implement the development of its 20KTM concept for a new generation of drilling rigs. February 2013, BP and Maersk Drilling (Maersk) signed an agreement to develop and provide detailed engineering on a BP‘s conceptual designs for a new generation of […]
Woodside to become LNG operator in Leviathan December 3rd, 2012, the Australian company Woodside closed a deal with Noble Energy (Noble) representing the Leviathan joint venture to take 30% stake in the giant Leviathan natural gas field. Lying by 1,700 meters deepwater depth at 135 kilometers west from Israel coast, the Leviathan field may contain up to […]
Jordan qualified 13 contractors for Red Sea oil terminal In May 2012, Jordan Ministry of Energy and Mineral resources published the call for tender of the Aqaba Oil Terminal. Among the countries having the highest dependency on foreign energy source, Jordan imports 96% of the country’s energy consumption. Jordan holds some natural gas with the […]
