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Oil & Gas

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 […]

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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 […]

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Intergas VII: Key players of Egypt’s energy market will gather next month in Cairo

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

Intergas VII – Oil, Gas & Petrochemicals Conference & Exhibition 24 – 26 November 2015, Royal Maxim Palace Kempinski, Cairo, Egypt http://www.intergas-egypt.com/ Key Players of Egypt’s Energy Market Including the Ministry of Petroleum, Shell Egypt, TAQA ARABIA, […]

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Energean appoints new Country General Manager for Egypt, starts new 2D seismic survey

Posted: October 23, 2015 at 1:57 pm   /   Oil & Gas

Energean Oil & Gas, the international oil & gas exploration and production company focused on the Mediterranean and North Africa, is pleased to announce that it has appointed Dr. Medhat Tarakhan as Country General Manager […]

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BP to invest $229 million with Eni and Total in three offshore blocks

Posted: October 22, 2015 at 3:50 pm   /   Oil & Gas

BP Plc said it had been awarded three new offshore exploration blocks in Egypt and that it and its partners had committed to investment of $229 million. BP said it would have 100 percent equity […]

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President Sisi meets Eni's CEO Claudio Descalzi

Posted: October 20, 2015 at 8:04 pm   /   Oil & Gas

The President of the Republic of Egypt, Abdel Fattah Al-Sisi, and Eni’s  Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni’s activities in the country. During the meeting, Eni’s CEO presented to President […]

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EGAS awards tender for 55 cargoes of LNG

Posted: October 15, 2015 at 6:46 pm   /   Oil & Gas

Egypt is to buy 55 cargoes of liquefied natural gas (LNG), equal to about a tenth of its annual gas demand, via a tender awarded to seven companies. The cargoes, 10 more than Egypt originally […]

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Subsea 7 awarded contract for offshore East Nile project

Posted: October 14, 2015 at 1:33 pm   /   Oil & Gas

Subsea 7 S.A. announced the award of a sizeable* contract to Subsea 7 by Pharaonic Petroleum Company S.A.E. for the development of the 
East Nile Delta Phase 3 Project (END-3). This award 
was the result […]

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Eni announces details of North El Hammad and North Ras El Esh exploration license awards

Posted: October 12, 2015 at 3:21 pm   /   Oil & Gas

These two new concession agreements follow the recent award of the deep water Karawan and North Leil blocks, strengthening Eni’s presence in Egypt, a country of historic and strategic importance for the Company, and further […]

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TransGlobe Energy – East Ghazalat asset receives a good price

Posted: October 9, 2015 at 6:22 pm   /   Oil & Gas

Independent Resources and Nostra Terra, which are both party to a 50:50 JV with the express purpose to acquire E&P assets in North Africa, have agreed to acquire TransGlobe’s East Ghazalat concession in Egypt. TGA […]

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