ExxonMobil wins exploration blocks offshore Egypt
Global energy giant ExxonMobil Corp said on Monday it has won more than 1.7 million feddans for exploration…
Browsing Tag
offshore
U.S. says deeply concerned by Turkey’s intent to drill off Cyprus
The United States is deeply concerned by Turkey’s announced intentions to begin offshore drilling operations in an…
Minister: Egypt’s Atoll gas field starts test production
Test production at Egypt’s Atoll offshore gas field began on Tuesday with a production capacity of 300 million…
Exxon Mobil targets a foray into Egypt’s offshore oil and gas
Exxon Mobil is considering a foray into Egypt's offshore oil and gas, seeking to replicate rivals’ success in the…
Australians protest against unfolding ’emergency’ in offshore detention camp
More than 1,000 people protested in Australia on Saturday against the treatment of hundreds of asylum seekers in…
Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft
Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Eni eyes cutting stake in Egypt’s Zohr giant gas field to 50%
Italian oil and gas company Eni is in talks with various parties to cut its stake in the giant Zohr gas field…
BP buys 10% stake in Egypt’s Zohr gas field for $375m
BP has agreed to acquire a 10% stake in Shorouk concession offshore Egypt from Eni, an Italian oil and gas company.…
UK Subsea 7 wins Egypt’s Pharaonic Petroleum EPCI Deal
The UK-based subsea engineering, construction and services company Subsea 7 announced Thursday it has been awarded…
New Mistral can be used for securing Egypt’s offshore oil fields: navy commander
Egypt's naval forces commander Osama Rabie stated on Friday that the new Mistral-class carrier "Anwar El-Sadat" can…
Saipem tapped for work in giant gas field offshore Egypt
One of the most significant parts of a package of deals worth more than $1.5 billion is for a contract tied to a…
Panama raids Mossack Fonseca property, seizes shredded papers
Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a…
‘Panama Papers’ revelations trigger global probes
Several countries have launched tax evasion probes after a massive leak of confidential documents lifted the lid on…
10 things to know in the leaked Panama Papers
The hidden wealth of some of the world’s most prominent leaders, politicians and celebrities has been revealed by…
Eni flows gas at Zohr 2X well in Egypt
Italy-based Eni has announced that its Zohr 2X appraisal well in the Shorouk block offshore Egypt has delivered up…
Eni granted development lease for Egypt’s Zohr gas field
Egypt has granted Italy's Eni the development lease for its giant Zohr gas field, the company announced on Sunday.…
Only 62 people own the same wealth as half the world’s population
The wealthiest 62 people now own as much as half the world's population, some 3.5 billion people, as the…
Shell to cease further exploration in Alaska
Royal Dutch Shell Plc (RDSa.L) said it would cease exploration activity in offshore Alaska for the "foreseeable…
Amer Group to establish offshore in Dubai
Amer Group Holding's Board of Directors approved to establish limited offshore Company in free zone at Jebel Ali,…
China to boost Offshore Military Capability: Defense Strategy Paper
China outlined a defense strategy on Tuesday to boost its naval capability farther from its shores, saying it faced…
World Bank Revives “Curry” Bonds
News that the World Bank is set to issue as much as USD4.3bn in rupee bonds has revived talk of the viability of a…
Souq.com targets at getting involved in Libyan Market in 2012
The electronic marketing website Souq.com is targeting at taking part in the Libyan markets in 2012 through…