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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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BP to accelerate development of phase-1 of Atoll offshore field

Posted: November 6, 2015 at 3:42 pm   /   Oil & Gas

BP announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile Delta, offshore Egypt was announced […]

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El Molla: Egypt's giant Zohr gas field aims to start output in 2017

Posted: November 6, 2015 at 3:09 pm   /   Oil & Gas

Egypt aims to start natural gas production from its massive offshore Zohr field in 2017, a year ahead of schedule, oil minister Tarek El Molla said. The Zohr gas field, discovered by Italy’s Eni, is the biggest in the Mediterranean, and with an estimated 30 trillion cubic feet of gas it is expected to plug […]

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Eni starts new production from "near field" discoveries in the Nile Delta and the Western Desert

Posted: October 30, 2015 at 3:04 pm   /   Oil & Gas

Eni announces the success of the Nidoco North West 3 well drilling in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, which is estimated to contain about 15 billion standard cubic meters of gas. Eni announces the success of the “Nidoco North West 3” well drilling, appraisal of […]

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Zohr Discovery in Egypt Offers New Hydrocarbon Potential for Eastern Mediterranean, IHS says

Posted: October 29, 2015 at 7:49 pm   /   Oil & Gas

Zohr development could lead to the end of Egyptian LNG imports The deepwater Zohr gas discovery in Egypt is of major significance to the Eastern Mediterranean region. As the largest gas find in the Mediterranean Sea, Zohr has the potential to supply much of Egypt’s increasing domestic gas demand and will likely have an impact […]

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BP to begin gas production from North Alexandria Concession in early 2017

Posted: October 26, 2015 at 7:05 pm   /   Oil & Gas

British oil major BP will begin gas production at its North Alexandria Concession in early 2017 rather than mid-2017, Egypt’s petroleum minister Tarek El Molla said at a news conference on Saturday. The offshore concession’s output will be roughly “450 million cubic feet per day in 2017 and reach 1.2 billion cubic feet per day […]

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