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Israel, Egypt, strengthen ties with Gas trade

Israel Energy Minister, Yuval Steinitz, has revealed that Israel will begin natural gas exports to Egypt within four months. In an interview, Steinitz said the deal to buy stakes in the EMG pipeline between Ashkelon in Israel and El-Arish in Egypt was almost closed and would be completed in “the next few weeks”. According to Reuters, the flow…

CNODC receives Niger-Benin pipeline approval

The government of Benin Republic has granted the China National Oil & Gas Exploration & Development Company (CNODC) approval to proceed with the portion of the Niger-Benin Pipeline proposed to evacuate crude exports from Niger’s Agadem basin to Port Seme on the Atlantic coast. The approval was made by the Council of Ministers and his…

IMO’s new emission standards will change oil market – Energy Consultant

The International Maritime Organization’s (IMO) new emission standards to will take effect from January 1, 2020. The new emissions standards are designed to significantly curb pollution produced by the world’s ships. United Nations’s (UN) push for cleaner energy has moved the IMO to ban shipping vessels using fuel with a sulfur content higher than…

Saudi Aramco awards McDermott new contract

Saudi Aramco has awarded McDermott a contract for engineering, procurement, construction and installation (EPCI) services in the Marjan and Zuluf fields, offshore Saudi Arabia.
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