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Egypt-based Pharos Marine unveiled plans for a 60-meter dual-fuel hydrogen-diesel electric superyacht, the Orcageno. The propulsion system uses a generator driven by a hydrogen-diesel internal combustion engine which can be operated by either hydrogen or diesel oil to provide power for the Azipod units. Superyachttimes.com.
Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. According to Sentyurin, around 80% of the natural gas production by mid-century will stem from new projects, highlighting the importance of continued investment in upstream. —Secretary General Sentyurin.
This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Forecasts Fuel Efficiency Fuels Market Background Oil' —Outlook.
Since its formation in 1952, CCC has become one of the leading international contractors with a worldwide turnover of more than US$4 billion and managing 60,000 personnel composed of more than 80 nationalities. Territories that were largely desert in the middle of the 20th century are now thriving oil economies. Many more will follow.
While natural gas is often cheaper than oil and gives off fewer emissions, developing the resource comes with risks, especially for smaller nations. The Levant Basin contains the activity closer to Cyprus, while the gas production offshore Egypt is a part of the Nile Delta Basin. —Sergey Paltsev. Click to enlarge. Background.
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Syria’s Ministry of Petroleum and Mineral Resources has announced a tender for investing in oil shale in the Khanaser area, 103 km in southeastern Aleppo, over an area of 150 km 2 divided into 14 blocks with geological reserves of 2.3 Oil shale deposits in Syria. According to The Oil and Gas Journal , Syria had 2.5
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