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Oil & Gas

Eni signs a $5 billion framework agreement for the development of Egypt's oil and gas resources

Posted: March 17, 2015 at 8:36 pm   /   Oil & Gas

The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, signed with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the Country while preserving […]

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BP makes second significant gas discovery in Egypt’s East Mediterranean Sea

Posted: March 13, 2015 at 8:04 pm   /   Oil & Gas

BP Egypt announced another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has […]

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BP Finalizes Deal to Develop Egypt’s West Nile Delta Gas Fields

Posted: March 13, 2015 at 8:01 pm   /   Oil & Gas

BP announces the signing of the West Nile Delta project to develop 5 tcf of gas resources and 55 mmbbls of condensates. BP announced that it has signed the final agreements of the West Nile […]

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Energean commences new investment program in Egypt

Posted: March 13, 2015 at 7:58 pm   /   Oil & Gas

Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, is launching a new 6- million-dollar investment program in Egypt, aiming to locate a hydrocarbon […]

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Polarcus awarded broadband 3D seismic acquisition project in the Mediterranean

Posted: March 13, 2015 at 7:55 pm   /   Oil & Gas

Polarcus Limited announced that it has received an award from 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 Q1 […]

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