Egypt
News
February 13, 2017
Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt.
News
February 06, 2017
Egypt plans to import as many as 108 cargoes of liquefied natural gas this year as the country prepares to start producing at two gas fields and move closer to its goal of self-sufficiency and even exports by 2019.
News
February 02, 2017
Egypt may announce new discoveries of natural gas by the second half of this year, Oil Minister Tarek El Molla said, bringing it closer to its goal of self-sufficiency by 2019.
News
January 16, 2017
Egypt's gas market is poised to undergo profound changes in the next five years, and these could have an impact on the global LNG market, seeing Egypt position itself as a prominent seasonal player, research from global natural resources consultancy Wood Mackenzie shows.
News
December 13, 2016
Packers Plus Energy Services worked with an operator in Egypt to complete a 6-stage StackFRAC system using the drillable closeable (DC) FracPORT sleeve in a short timeframe.
News
December 12, 2016
Eni has agreed to sell Rosneft a 30% participating interest in the Shourouk concession, offshore Egypt, in the supergiant Zohr gas field. Eni, through its subsidiary IEOC, holds a 90% stake in the block after selling 10% interest to BP in Nov. 2016.
News
December 02, 2016
Apex International Energy, an independent oil and gas exploration and production company focused on Egypt, is pleased to announce that it has been awarded Blocks 8 and 9 by the Egyptian General Petroleum Company (EGPC) from their 2016 Bid Round.
News
November 28, 2016
BP has agreed to buy from Eni a 10% interest in Egypt's Shorouk concession, which contains the supergiant Zohr gas field, for $375 million.
News
November 17, 2016
Kuwait renewed a contract to supply Egypt with crude oil for the next three years, according to a senior Kuwaiti government official, who said the shipments are not intended to make up for the loss of Saudi fuel shipments to the North African country.
News
November 07, 2016
Saudi Arabian Oil Co. halted shipments of oil products to Egypt indefinitely, Egyptian Oil Minister Tarek El-Molla said, forcing the Arab world’s most populous nation to buy fuels on world markets at higher cost.
News
October 20, 2016
Subsea 7 has been awarded a substantial contract by Pharaonic Petroleum Company. The contract is to be executed at Atoll field, offshore Egypt, at water depths of over 900 m.
News
September 27, 2016
BP announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.
News
September 22, 2016
Eni has upgraded the potential of Baltim South West field to 1 Tcf of gas in place following the results of the Baltim South West 2X appraisal well, which was drilled immediately after the discovery well.
News
May 18, 2016
Israel and Egypt are nearing a compromise that would sweep away a major obstacle to a multi-billion-dollar natural gas deal.
News
March 14, 2016
OneSubsea, a Cameron and Schlumberger company, has been awarded a contract from BP Exploration (Delta) Ltd., and partner DEA (Deutsche Erdoel AG), to supply subsea production systems for West Nile Delta Giza/Fayoum and Raven fields, situated offshore Egypt.
News
March 10, 2016
Eni has successfully performed the production test of Zohr 2X, the first appraisal well on the Zohr discovery, in the Shorouk block, offshore Egypt.
News
February 26, 2016
Eni successfully drilled the Nidoco North 1X well, in the exploration prospect of Nooros East, located in the Abu Madi West license, in the Nile Delta, Egypt.
News
December 06, 2015
The Egyptian Government ordered its oil and gas arms to freeze talks on importing Israeli natural gas after an international arbitration court ordered the Arab world’s most populous nation to pay a fine of almost $1.73 B to Israel.
News
October 12, 2015
MILAN, Italy -- Eni has been awarded two new exploration licenses—North El Hammad and North Ras El Esh—offshore Egypt in the Mediterranean Sea, as a result of the 2015 EGAS bid round.
News
September 08, 2015
Israel’s parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped expectations for regional exports.
News
September 01, 2015
Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to itself, heightening competition among gas producers in the Middle East and Africa.
