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Letter of Intent to Export Natural Gas from the Leviathan Project for Consumers in Egypt

Posted: November 28, 2015 at 4:08 pm   /   Oil & Gas

Delek Group announced that attached is an Immediate Report just published by Avner Oil Exploration Limited Partnerships and Delek Drilling Limited Partnerships (“the Partnerships”) concerning a Letter of Intent for the export of natural gas from the Leviathan Project to Egyptian consumers. Pursuant to what was stated in section 7.14.2 of the Partnerships’ Periodic Report to […]

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BG Group buys 35% stake in Aphrodite gas discovery, offshore Cyprus

Posted: November 23, 2015 at 6:29 pm   /   Oil & Gas

BG Group announced it has taken a 35% holding in Block 12 offshore Cyprus which includes the Aphrodite gas discovery. This upstream position provides a potential source of gas to Egypt where BG Group holds equity in the two train LNG export facility at Idku as well as LNG offtake rights to lift 3.6 mtpa. […]

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Polarcus awarded broadband 3D project in Egypt

Posted: November 19, 2015 at 7:59 pm   /   Oil & Gas

Polarcus announced that it has signed a contract with an undisclosed client for a 3D marine seismic project offshore Egypt utilizing Polarcus’ RightBAND(TM) technique for broadband data acquisition. The project will commence in Q4 2015 and run for approximately two and a half months. Polarcus is an innovative marine geophysical company with a pioneering environmental […]

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SacOil commences drilling operations at Lagia oil field

Posted: November 16, 2015 at 6:42 pm   /   Oil & Gas

COMMENCEMENT OF DRILLING OPERATIONS AND PROGRESS OF STEAM INJECTION – LAGIA OIL FIELD SacOil, through its subsidiary Mena International Petroleum Company Limited (“Mena”), is pleased to announce it commenced the drilling of the Lagia 11 well on 13 November 2015, at its 100% owned Lagia oil field in Sinai, onshore Egypt.  This forms part of […]

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Eni signs new concession and amendment agreements for petroleum exploration in Egypt

Posted: November 13, 2015 at 2:00 pm   /   Oil & Gas

Eni signed a new concession and three amendment agreements in Egypt which will lead to the realization of projects to be implemented in the next 4 years. Eni signed with the Egyptian Government three amendments for the IEOC concessions of “Sinai 12 and Abu Madi”, “North Port Said” and “Baltim”, which is in partnership with […]

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Anadarko issues statement on offer to acquire Apache Corp

Posted: November 12, 2015 at 7:47 pm   /   Oil & Gas

Anadarko Petroleum Corporation announced the following statement from Chairman, President and CEO Al Walker: “We constantly strive to make Anadarko a better company. As part of these efforts to enhance value, and after extensive analysis of public information, we recently sent Apache Corporation a non-binding offer to acquire the company. The proposed all-stock transaction, which […]

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SDX Energy to acquire 3D seismic data in South Disouq concession

Posted: November 12, 2015 at 1:24 pm   /   Oil & Gas

SDX has signed a contract with Geofizyka Torun for the acquisition of 300 km2 of 3D seismic data. The seismic programme is expected to take approximately 8 months to acquire and reprocess. The data obtained with this programme will be used to identify and select a prime prospect in this concession with a view to […]

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Azerbaijan’s SOCAR interested in Egyptian oil refineries stake

Posted: November 12, 2015 at 1:09 pm   /   Oil & Gas

Azerbaijan’s state energy firm SOCAR is interested in buying stakes in refineries in Egypt and in participation in the African country’s oil refining sector, SOCAR’s president said. “We would like to widen our activities in Egypt, particularly to buy stakes in refineries there and participate in Egypt’s oil refining,” Rovnag Abdullayev told reporters. SOCAR PresiEdent […]

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Q&A With Maurizio Coratella, VP Operations, Egypt & Middle East, Edison International

Posted: November 12, 2015 at 12:53 pm   /   Oil & Gas

Ahead of Intergas VII – we spoke to Maurizio Coratella on Edison’s activities in Egypt and the new potential in the market. Maurizio will be joining Session 5: New Horizons for Egypt’s Gas Sector: Optimising Resource Potential on day 2. See Programme here. ‘The recent discovery of Eni (Zohr) in the deep Mediterranean offshore has […]

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“Nessun Dorma”  By Marco Alfieri (from Eniday.com)

Posted: November 7, 2015 at 8:22 pm   /   Oil & Gas

“Nessun Dorma” By Marco Alfieri on October 5, 2015 Republished from Eniday.com (an Eni.com project) under Creative Commons License (CC BY-NC-SA 3.0 IT) Like all great exploration discoveries also the Zohr discovery is full of surprises, the unexpected, intuitions, mistakes, skill, enthusiasm, and ups and downs in which the human element is as crucial as […]

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