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Oil Review Middle East - Untitled Article

Oil Review Middle East

The awarded blocks include four new offshore blocks in the Mediterranean, which were part of the 2024 international bid round, and two onshore blocks in the Nile Delta and North Sinai.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Shell's LNG Outlook 2024 predicts that global LNG demand will grow by approximately 50% by 2040, driven by emerging economies like India and Vietnam that are prioritising lower-emission energy sources to fuel their development while meeting climate commitments. million tons per year.

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MIDTAP Achieves Unprecedented Growth in Petroleum Trading, Zero Accidents, Injuries in 2024

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. The company’s marine dock received 153 tankers in 2024, compared to 63 tankers in 2023, in light of the reduction of ship berth periods.

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Khalda Petroleum Investments to Reach $1B in 2024/25

Egypt Oil & Gas

Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25. The post Khalda Petroleum Investments to Reach $1B in 2024/25 first appeared on Egypt Oil & Gas.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The collaboration, announced in January 2024, provides customers with access to a broader suite of drilling automation technologies and greater flexibility to utilise their existing rig control systems and equipment on either SLBs PRECISE or Nabors SmartROS rig operating system.

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USCG Updates Guidance on Safer Seas Act Compliance, Continuing to Show Strict Interpretation and Enforcement of Its Requirements

The Energy Law

Most provisions of the Safer Seas Act became enforceable as soon as the Act was passed, meaning vessels and operators already need to be following the requirements for reporting, signage, crew training, SMS updates, and master key control systems. This deadline is December 23, 2024.

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How Distributed Energy Resources Can Help With Grid Congestion

True Energy

Written by Marc Published December 4, 2024 Written by Marc Published December 4, 2024 How Distributed Energy Resources Can Help With Grid Congestion As utilities grapple with increasing grid congestion risks, Distributed Energy Resources (DERs) present a central mitigative strategy.

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