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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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Adma-Opco pumps first oil from offshore field

Adma-Opco pumps first oil from offshore field

Production from Umm Lulu field in Abu Dhabi kicks off
 
Oil & Gas Middle East Awards just days away

Oil & Gas Middle East Awards just days away

Last chance to book tables for showpiece industry event
 
Swissco Holdings wins chartering contracts

Swissco Holdings wins chartering contracts

Three new contracts for Middle East worth $17.3mn
 
Drydocks World wins Petrofac HDVC contract

Drydocks World wins Petrofac HDVC contract

Platform will transmit electricity to mainland Germany
 

 

Mermiad Martime increase Saudi business stake

Mermiad Martime increase Saudi business stake

Group has increased stake in Subtech Saudi Arabia to 95%
 
Monjasa named as Dubai oil spill responder

Monjasa named as Dubai oil spill responder

The company will oversee anchorages and offshore waters
 
Atkins buys oil and gas firm for $73mn

Atkins buys oil and gas firm for $73mn

Consultancy has bought Houston Offshore Engineering
 
BP awards Khazzan contracts worth $730mn

BP awards Khazzan contracts worth $730mn

KCA Deutag and Abraj Energy Service have been awarded deals
 
Maersk rig contracted for another year by Petronas

Maersk rig contracted for another year by Petronas

The jack-up rig will be on contract until mid-November 2015
 
Mermaid Maritime wins Middle East diving contracts

Mermaid Maritime wins Middle East diving contracts

The value of the contracts could reach the $45mn mark
 
Keppel wins $227mn jackup contract

Keppel wins $227mn jackup contract

Rig will be built for Gulf Drilling International
 
Taqa CFO Kersley announces resignation

Taqa CFO Kersley announces resignation

Ryan Wong will take over from October 1, company says
 
GCC nations remain reliant on oil revenues

GCC nations remain reliant on oil revenues

Saudi Arabia and Kuwait most reliant on hydrocarbons
 
Charisma Energy Services wins support vessel deal

Charisma Energy Services wins support vessel deal

The company will provide five offshore support vessels
 
BP faces further $18bn in Macondo penalties

BP faces further $18bn in Macondo penalties

US judge ruled the firm was reckless and negligent
 




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