Egypt
News
December 09, 2018
Eni announces that the sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore concession, Egypt, has been approved by the Egyptian Government.
News
November 20, 2018
TransGlobe Energy released test results for the South Ghazalat 6X oil discovery well in the Arab Republic of Egypt.
News
November 15, 2018
The world will need less energy from the 2030s onwards, but it will still require a significant amount of oil and gas in the lead-up to mid-century
News
November 12, 2018
Rockhopper Exploration plc has provided the following operational and corporate update in relation to its Egyptian portfolio.
News
October 22, 2018
Apex International Energy, an independent oil and gas exploration and production company focused on Egypt and other Middle Eastern and North African (MENA) countries, today announced that affiliates of Blue Water Energy LLP have agreed to partner with Apex and join the existing investors: Warburg Pincus LLC, International Finance Corp. (IFC) and company management.
News
October 17, 2018
Egypt is working on a new model for future oil and gas production contracts in undeveloped areas to spur exploration and help become self-sufficient in energy.
News
October 08, 2018
Egypt will begin importing natural gas from Israel under a $15-billion deal as early as March if an undersea pipeline connecting the Mediterranean neighbors is found to be in good condition, moving the country closer to its goal of becoming an energy-exporting hub.
News
October 03, 2018
No sooner has Egypt achieved its milestone of regaining self-sufficiency in natural gas than another corner of the energy market threatens to deal a new blow to fragile government finances.
News
September 10, 2018
Production capacity of Zohr project, developed by the consortium of Eni, Rosneft, BP and Mubadala together with the Egyptian oil and gas companies, has been increased by more than 25% to more than 2 Bcfd.
News
August 30, 2018
Eni announces a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the Melehia Concession.
News
August 17, 2018
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a successful production test has been conducted at its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator).
News
August 14, 2018
Natural gas production in Egypt has been in decline, falling from a 2009 peak of 5.8 Bcfd to 3.9 Bcfd in 2016, based on estimates in BP’s Statistical Review of World Energy. The startup of a number of natural gas development projects located offshore in the eastern Mediterranean Sea near Egypt’s northern coast has significantly altered the outlook for the region’s natural gas markets.
News
August 14, 2018
Eni announces that Egyptian Authorities have authorized a new Nile Delta Concession Agreement, allowing a 10-year extension of the Abu Madi West Development Lease (203 km2), where Nooros field is located, and the execution of further exploration activities within El Qar’a Exploration Lease (64 km2).
News
August 14, 2018
Eni announced that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta basin of the Mediterranean Sea, has received approval by Egyptian authorities.
News
August 08, 2018
The companies developing Israel’s largest natural gas fields and their Egyptian partner have finalized details of a deal that would give them control over a pipeline to Egypt, according to people familiar with the matter, a crucial step that would pave the way for a $15-billion export contract.
News
July 24, 2018
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-3X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).
News
July 16, 2018
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a successful production test has been conducted at its SD-4X appraisal well at South Disouq, Egypt.
News
July 09, 2018
Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 km North of the oasis of Siwa.
News
June 24, 2018
Egypt may have just issued its last LNG tender, setting the stage to resume exports next year.
News
June 21, 2018
Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10% participating interest in the offshore Shorouk Concession in Egypt, which contains the super giant Zohr gas field.
News
June 19, 2018
SDX Energy Inc., the North Africa focused oil and gas company, has announced that a gas discovery has been made at its SD-4X well in the South Disouq Concession, Egypt (SDX 55% working interest and operator).
