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Oil & Gas

Eni's CEO and Egyptian MOP sign update to Head of Agreement signed last March

Posted: July 24, 2015 at 7:12 pm   /   Oil & Gas

Eni’s CEO Claudio Descalzi and the Egyptian Minister of Petroleum Sherif Ismail sign an update to the Head of Agreement signed last March in Sharm el-Sheikh. The Egyptian Minister of Petroleum and Mineral Resources, Sherif […]

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Eni: important gas discovery in the Egyptian Nile Delta

Posted: July 20, 2015 at 7:41 pm   /   Oil & Gas

This discovery is the result of the new Eni’s strategy to re-focus its activity on near field and incremental exploration opportunities with high potential value, which allow in case of success their quick exploitation through […]

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Schlumberger, Oil and Gas Skills to set up Technical Institute

Posted: July 14, 2015 at 6:03 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Sherif Ismail attended the signing ceremony of a memorandum of understanding between Oil and Gas Skills Company and US-based Schlumberger Corporation to establish an institute to provide training in […]

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Russia's Rosneft signs two energy import deals with EGPC & EGAS

Posted: July 8, 2015 at 8:11 pm   /   Oil & Gas

Egypt and Russia’s top oil producer Rosneft have signed two initial deals for the supply of petroleum products and liquefied natural gas to Cairo, the two sides said on Tuesday. The oil ministry said in […]

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Maersk Discoverer completes deepest well drilled in Egypt & longest in the Mediterranean

Posted: July 7, 2015 at 6:46 pm   /   Oil & Gas

Maersk Discoverer finished well 62 days ahead of time for BP and claimed two offshore Mediterranean records. In the beginning of May, the crew on Maersk Discoverer reached a great milestone when they finalised their […]

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Egypt raises gas price paid to Italy's Eni and Edison – EGAS official

Posted: July 6, 2015 at 9:32 pm   /   Oil & Gas

Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday. The agreements mark the latest move […]

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PGS confirms signing significant multi-client deal for Egypt

Posted: June 29, 2015 at 9:58 pm   /   Oil & Gas

PGS confirmed that a multi-client agreement covering Egypt’s Western Mediterranean Sea was signed Wednesday 24 June 2015 by Egyptian Natural Gas Holding Company (EGAS) and PGS. Following a competitive tendering process, PGS has been selected […]

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EGAS to conduct Mediterranean's largest seismic exploration project

Posted: June 25, 2015 at 9:45 pm   /   Oil & Gas

Egypt’s state-owned gas company EGAS will carry out the largest seismic oil and gas exploration project in the Mediterranean, seeking data that could attract global exploration companies, it said on Thursday. EGAS said it has […]

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Axens to provide technologies for the production of high octane gasoline in Upper Egypt

Posted: June 17, 2015 at 11:21 pm   /   Oil & Gas

Assiut Oil Refining Company (ASORC) has selected Axens to supply technologies for its project of refinery upgrading, which consist of a new complex for the production of high octane gasoline. This project aims to satisfying […]

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Dana Gas commences drilling campaign in Egypt

Posted: June 9, 2015 at 9:24 pm   /   Oil & Gas

Dana Gas confirmed that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta. The Balsam-2 well is being drilled with the 2000 HP Egyptian Drilling Company’s Rig #48 […]

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