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DUBAI, 15th February, 2022 (WAM) Dubai government-owned Dragon Oil has made its first oil discovery in Egypt's Gulf of Suez on Tuesday. The discovery is one of the largest in the area in the past 20 years, and the field could contain around 100 million barrels in reserves. The announcement was made on the sidelines of the now-running Egypt Petroleum Show (EGYPS) 2022. Dragon Oil in 2019 acquired BP’s stake at the Gulf of Suez Oil Company (GUPCO). ....
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(2) TEMECULA, Calif., Feb. 03, 2021 (GLOBE NEWSWIRE) Nikkiso Cryogenic Industries Clean Energy & Industrial Gases Group ( Group ), a subsidiary of Nikkiso Co., Ltd (Japan), announces that Ahmed El-Shazly has joined the Group as Regional Business Development Manager, Middle East and Africa (MEA). This important addition to our management team is the result of changes in the market environment and is in line with the objectives of the Industrial Division of Nikkiso to better serve and support our customers in the Middle East and Africa. Ahmed has extensive machinery sales and rental business experience in the MEA region, in the Industrial, Energy, and Oil & Gas sectors, holding sales and business line management roles with Atlas Copco, Suez Oil Company, and Baker Hughes. ....