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Oil & Gas
egypt-offshore-eni-blocks-sep18

BP buys 25% stake in Eni’s Nour concession offshore Egypt

Posted: December 10, 2018 at 2:01 pm   /   Oil & Gas

BP buys 25% stake in Eni’s Nour concession: BP has acquired a 25% stake in the Nour concession from Eni, according to a statement from Eni. Industry watchers hope the offshore North Sinai concession could […]

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Saipem 10000

Eni to drill tenth well in Egypt’s Zohr natural gas field next January

Posted: December 3, 2018 at 12:34 pm   /   Oil & Gas

Italy’s Eni will begin drilling its tenth well in the Zohr gas field in January 2019 at a cost of USD 300 million. The addition of the tenth well is expected to boost output production […]

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Rosneft

Rosneft applies for natural gas import license in Egypt

Posted: December 2, 2018 at 1:11 pm   /   Oil & Gas

Russian energy giant Rosneft has begun the process of acquiring a license to import natural gas, sources told Al Mal on Thursday. The company has apparently received preliminary approval from the government to form a […]

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El Molla MED

El Molla at Rome MED 18: Italy is Europe’s energy gateway

Posted: November 25, 2018 at 7:15 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El Molla said on Friday at Med Dialogues in Rome that Italy is a country that Egypt wants to approach because it is “Europe’s energy gateway”. “At the start of this […]

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El Molla

US firms interested in Egypt’s offshore oil & gas exploration tenders

Posted: November 25, 2018 at 7:11 pm   /   Oil & Gas

Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum Minister Tarek El Molla said. […]

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Eni

Eni completes drilling ninth well at Zohr gas field

Posted: November 21, 2018 at 2:14 pm   /   Oil & Gas

Italy’s Eni has completed drilling work on Zohr’s ninth deepwater well at a cost of USD 300 million, according to an industry source. Early tests put initial production levels at 150 mcf/d. The well was […]

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TransGlobe Western Desert

TransGlobe’s South Ghazalat 6X exploration well flows oil

Posted: November 21, 2018 at 1:19 pm   /   Oil & Gas

Third time lucky for Canadian player as it flows oil and gas from new discovery. Highlights Tested a combined 3,840 Bopd of light (35-38 API) oil from individual tests in the Upper and Lower Bahariya […]

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Eni Mubadala

Eni sells 20% stake in Noor offshore concession to Mubadala Petroleum

Posted: November 13, 2018 at 4:43 pm   /   Oil & Gas

Eni sells to Mubadala Petroleum a 20% stake in the Nour North Sinai Offshore concession in Egypt. Eni further strengthens its ties with Mubadala Petroleum, building on the successful partnership in the Shorouk concession. The […]

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Qalaa

Qalaa Chairman presents Landmark ERC Case Study at Africa Investment Forum

Posted: November 13, 2018 at 4:35 pm   /   Oil & Gas

Qalaa Holdings Chairman Ahmed Heikal Presents Landmark ERC Case Study at Africa Investment Forum in Johannesburg, South Africa. Qalaa Holdings Chairman and Founder Ahmed Heikal showcases US$ 4.3 bn greenfield refinery as a successful example […]

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BP CEO

BP to spend $2.8bn in Abu Dhabi, Egypt to boost Middle East presence

Posted: November 12, 2018 at 1:29 pm   /   Oil & Gas

Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its operations in the Middle East on the back of new discoveries […]

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