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Tag: Abu Qir concession
Edison

Neptune, DEA submit bids for Edison oil and gas assets – sources

Posted: January 27, 2019 at 12:16 am   /   Oil & Gas

Pair of companies looking to take over oil and gas assets from Italian player. Private equity-backed Neptune Energy and Germany’s DEA have submitted bids for the oil and gas assets in Egypt, Italy and elsewhere which EDF’s Italian unit Edison is selling, industry sources said on Friday. The offers are non-binding at this stage, one […]

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Italy’s Edison to sell its oil & gas division

Posted: April 7, 2018 at 3:03 pm   /   Oil & Gas

Italian energy company Edison is planning to sell off its oil and gas unit in favor of focusing on its retail business, Reuters reports. Edison’s assets in Egypt — including the Abu Qir concession — are among the “most attractive parts” of the company’s oil and gas portfolio, sources tell the newswire. “The company has […]

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Edison International achieves milestone in Abu Qir, starting production from new platform NA/Q-PIII

Posted: April 11, 2017 at 1:53 pm   /   Oil & Gas

Edison International Spa achieved a new significant milestone in Abu Qir Concession offshore Egypt starting gas production from the new platform North Abu Qir PIII (NA/Q-PIII). The first production well, NAQPIII#1, was turned on stream with outstanding performances on the 2nd April 2017 increasing the overall gas output of the field by the 20% circa. […]

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Edison signs joint development agreement with Qalaa to build a combined cycle power plant in Abu Qir

Posted: July 24, 2015 at 7:02 pm   /   Electricity & Power

On the occasion of Egypt National Day at Expo, Edison Chief Executive Officer, Bruno Lescoeur, and Qalaa Energy CEO, Mohamed Shoeib, signed a Joint Development Agreement to build an 180 MW power plant, which will bring more efficient and sustainable energy to the Egyptian customers. The agreement has been signed within the framework of the Italian-Egyptian […]

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