Egypt
News
March 15, 2018
BP Plc has begun a process to sell mature oil fields in Egypt as it shifts investment in the country to natural gas, according to people with knowledge of the matter.
News
March 15, 2018
Eni has strengthened its record production from the Nooros gas field, offshore Egypt, which reached a production of 32 MMcmgd, equivalent to around 215,000 boed. This production level represents the highest ever recorded by an Eni field in Egypt in the last 50 years.
News
March 14, 2018
SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made at its Rabul 5 well in the West Gharib Concession in Egypt.
News
March 13, 2018
Mubadala Petroleum and Italy’s Eni signed an agreement to purchase a 10% stake in the Egyptian Shorouk Concession.
News
February 22, 2018
Egypt said it was settling financial disputes with an Israeli electricity company and a key pipeline operator to turn a $15-billion deal to import gas from the Jewish state into reality.
News
February 21, 2018
Cyprus is nearing an agreement to sell natural gas to Egypt, marking the second potential supply deal in as many days with the North African country vying to position itself as a regional energy hub after the startup of the giant offshore Zohr field.
News
February 20, 2018
Egypt faces a possible over-abundance of natural gas after two Israeli companies proposed a $15 billion supply deal.
News
February 19, 2018
Noble Energy, Inc., has announced that it has signed agreements to sell significant quantities of natural gas from Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.
News
February 19, 2018
Noble Energy Inc. and Delek Drilling-LP, the lead partners in Israel’s largest gas fields, said they signed a $15 billion agreement to export gas to Egypt’s Dolphinus Holdings.
News
February 12, 2018
BP today announced the start of gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate.
News
January 31, 2018
Egypt is working with Eni SpA, operator of the giant Zohr gas field, to fast-track output and end the country’s need to import LNG.
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
News
December 22, 2017
Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than two years after finding it in August 2015.
News
December 20, 2017
TGS and Schlumberger today announced a new 2D seismic project offshore Egypt.
News
December 19, 2017
A.P. Møller - Mærsk A/S [A.P. Moller - Maersk] and Egyptian General Petroleum Corporation [EGPC] has signed an agreement whereby EGPC will acquire A.P. Moller - Maersk’s 50% shareholding in Egyptian Drilling Company [EDC] for $100 million in an all-cash transaction.
News
December 18, 2017
Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency.
News
December 10, 2017
Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil ministry said, as the country nears its goal of commercial output from the biggest gas discovery in the Mediterranean Sea by the end of this year.
News
November 26, 2017
Government ministers from Egypt and Israel held a call last week to discuss the potential sale of Israeli gas to Egypt, according to a person with direct knowledge of the matter.
News
November 16, 2017
ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, is pleased to announce that it has been awarded a new contract for its ADMARINE III offshore jackup rig.
News
November 15, 2017
Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this year at the giant Eni SpA-operated Zohr field off the country’s Mediterranean coast, Oil Minister Tarek El-Molla said.
News
November 15, 2017
ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES S.A.E has entered into a long-term joint venture (JV) agreement with a subsidiary of Vantage Drilling International.
