Shelf Drilling Clinches $51M Extension for Rig 141 in Gulf of Suez

Shelf Drilling, a leading entity in offshore rig operations, has recently announced a significant contract extension for its Rig 141, operating in the strategic Gulf of Suez, offshore Egypt.

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El-Mulla: Natural gas plays key role in achieving SDGs

Minister of Petroleum and Mineral Resources Tarek el Moulla said natural gas plays an important role as a clean energy source in achieving the United Nations sustainable development goals (SDGs) and meeting the growing global needs of energy.

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Egypt signs 7 green hydrogen deals worth a potential $40bn

Over $40 billion of green hydrogen and renewable energy investments could be on the way to Suez Canal Economic Zone after a host of new agreements.

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BP to inject $1.5bln for Egypt development, exploration activities

Global oil major BP said it plans to inject up to $1.5 billion in exploration activities in Egypt within the next years, with the potential of pumping further investments worth nearly $5 billion.

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EGPC, Dragon Oil Ink Commercial Agreement

The Egyptian General Petroleum Corporation (EGPC) and Dragon Oil inked a deal to commercialize production from the North Safa and Alwasl fields in the Gulf of Suez.

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PETRONAS Lubricants International Strengthens its Presence in Egypt Through EV For Petroleum Services

Petronas Lubricants International (PLI) has increased its global investment in research and development by 60% since 2021 to provide advanced technologies to produce high-quality products.

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TAQA Reaffirms Commitment to Net Zero Ready Workforce at EGYPES 2024

Announcing Sustainable Academy

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Taqa Arabia, Shell, and others compete for Wataniya Petroleum

Several companies are vying to acquire some of the fuel stations owned by Wataniya Petroleum, a subsidiary of the National Service Products Organization (NSPO)

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