Egypt boosts advanced drilling to raise oil, gas output
Egypt’s Minister of Petroleum, Karim Badawi, met on Monday with international technology and service companies to…
Browsing Tag
Baker Hughes
Oil prices fall on Monday
Oil prices fell on Monday, wiping out last week’s gains, after Russia resumed crude loadings at the Novorossiysk…
Egypt, Baker Hughes review progress on gas storage, technology cooperation
Egypt’s Minister of Petroleum Karim Badawi met with Lorenzo Simonelli, CEO of Baker Hughes, on the sidelines of the…
Oil prices fall on Monday
Oil prices fell on Monday as escalating US–China trade tensions and concerns over a potential global supply glut…
Khalda Petroleum cuts drilling time in W. Desert
Khalda Petroleum has saved over $18 million in 18 months by reducing oil and gas well drilling time in Egypt’s…
Oil prices rebound on Monday
Oil prices rose over $1 a barrel on Monday after OPEC+ confirmed a planned output increase of 411,000 barrels per…
Oil prices rise on Monday
Oil prices edged higher on Monday after US President Donald Trump extended a deadline for trade talks with the…
Egypt, Baker Hughes discuss expanding energy cooperation
Egypt’s Minister of Petroleum and Mineral Resources, Engineer Karim Badawy, held on Sunday a high-level meeting…
ADNOC plans stake sale in drilling unit
Abu Dhabi's ADNOC has announced plans to divest approximately 5.5 per cent of its stake in its drilling unit, over…
Baker Hughes to establish new liquid mud plant in Namibia
Baker Hughes, an energy technology company, is set to establish a new liquid mud plant and a separate assembly,…
Chinese recovery, dollar weakness cause crude price hike
Oil prices inclined during Asian trade on Monday, amidst China’s demand recovering and the weaker dollar that is…
Egypt awards a feasibility study contract to Bechtel-led coalition for decarbonisation in…
The Egyptian Liquefied Natural Gas Company (ELNG) has awarded on Saturday a feasibility study contract to the…
Baker Hughes acquires 5% of ADNOC drilling unit for $550 mln
Baker Hughes, the world’s second-largest oil services company, will acquire a 5 percent stake in state energy giant…
Egypt’s giant gas field Zohr to start output by end of 2017: minister
Egypt aims to start natural gas production from its massive offshore Zohr gas field at the end of 2017, Oil…
Baker Hughes wins major subsea deal for Egypt’s giant zohr field
General Electric’s Baker Hughes energy services firm announced Saturday it had won a major subsea contract from…