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Gas

Egypt has recorded 61 per cent of the oil finds of the Organization of Arab Petroleum Exporting Countries (OAPEC) member states in the period from 2005 to 2009, Egyptian Minister of Petroleum Sameh Fahmi said recently.

Saudi Arabia has granted additional time to one of the consortia hunting for gas in the vast desert in the countrys southeast, an industry source said recently.

Siirtec Nigi has been awarded two contracts by Saipem to design and supply eight packages, each including Burner, Reaction Furnace, Steam Drum, Waste Heat Boiler, and 20 Sulphur Condensers.

The Yemen ministry of Oil and Minerals said recently it signed a Memorandum of Understanding (MoU) with Kuwait Energy Company, an independent oil and gas exploration and production firm.

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