November 25, 2020

Aker BP and Cognite Pioneer Robotics Deployment Offshore to Transform Oil and Gas Industry with Autonomous Mission

Cognite a global industrial AI software-as-a-service (SaaS) company supporting the full-scale digital transformation of heavy-asset industries around......

November 22, 2020

Enppi wins long-dated contract for Saudi Aramco's projects

ArabFinance: State-run engineering firm Enppi was among eight companies that have been awarded long-term contracts for Saudi Aramco’s oil and......

November 22, 2020

Efficient energy management essential for sustainable development: El-Said

Minister of Planning and Economic Development Hala El-Said has said that the energy sector and its efficient management play an important role in......

November 21, 2020

Egypt Gas to list capital increase shares

ArabFinance: Egypt Gas submitted to the Egyptian Exchange (EGX) to list the increase of authorized capital and shares of issued and paid-in capital......

November 19, 2020

Egypt, Nigeria explore cooperation in mining sector

Egypt Petroleum Minister Tarek el Molla recently held a meeting with Nigerian Minister of State for Mines and Steel Development Uchechukwu Ogah to......

November 11, 2020

Egypt signed 14 oil and gas deals in 2020; overall investments reach $75bln

Egypt signed 14 exploration and production (E&P) deals between March and October this year, and its oil and gas sector has attracted $75 billion......

November 11, 2020

NuScale Power Announces an Additional 25 Percent Increase in NuScale Power Module™ Output; Additional Power Plant Solutions

NuScale Power today announced that through further value engineering efforts, using advanced testing and modeling tools, NuScale analyzed and concluded......

November 3, 2020

Sidi Kerir Petrochemicals turns to loss

ArabFinance: Sidi Kerir Petrochemicals Company (SKPC) incurred a net loss after tax of EGP 75 million in the first nine months of 2020, according......

October 27, 2020

bp starts gas production from Egypt’s offshore field

ArabFinance: UK petroleum company bp commenced gas production from its latest development offshore Qattameya gas field in the North Damietta concession......

October 27, 2020

Extracted Oils reports lower profit

ArabFinance: Extracted Oils and Derivatives Company (ZEOT) reported a 58% Year on Year decrease in its net profit in the July-September period of......