Libya Opens First Oil Tender Since 2011 Revolution – Major Players Rush In

Libya Opens First Oil Tender Since 2011 Revolution – Major Players Rush In In a landmark move for the oil-rich North African nation, Libya has launched its first energy exploration tender since the 2011 conflict that ended Muammar Qaddafi’s regime. Industry giants Chevron Corp. and TotalEnergies SE are leading the charge among 37 international companies […]

Naval Barge Capsizes in Gulf of Suez

Naval Barge Capsizes in Gulf of Suez A tragic accident has struck Egypt’s oil sector as the barge “Adam Marine 12” belonging to an oil rig capsized in the Jabal Al-Zeit area of the Gulf of Suez. Egypt’s Ministry of Petroleum and Mineral Resources confirmed the incident, which has resulted in four fatalities and multiple […]