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Tag: Atoll

BP’s Atoll gas field production targeted for end of 2017

Posted: August 15, 2017 at 10:08 pm   /   Oil & Gas

BP will launch production at the USD 3.8 billion Atoll field by the end of this year, the Oil Ministry said in a statement. 70% of the field has been developed so far with three wells having been completed, said Hassan Abbady, chairman of the BP JV Pharaonic Oil Company. (Source: Enterprise.press)

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BP

BP on track to bring Egypt's Zohr online by end of 2017

Posted: August 2, 2017 at 3:44 pm   /   Oil & Gas

BP is on track to start up its Juniper project off Trinidad in the coming weeks, and bring Eni’s Zohr online offshore Egypt by the end of 2017. The supermajor was hopeful in its Q2 2017 earnings call, announcing the possibly of having final investment decisions (FID) for additional projects in Gulf of Mexico, Egypt, […]

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Aquatic

Aquatic's Dual Tensioner selected for Atoll Umbilical Setup offshore Egypt

Posted: June 7, 2017 at 12:04 am   /   Oil & Gas

Aquatic’s Dual Tensioner a Key Part of the Installation for the Pharaonic /PHPC Atoll Project. Aquatic has been selected to provide tensioning capabilities to DeepOcean BV on behalf of Subsea 7 for the Pharaonic /PHPC Atoll Main umbilical installation project in Egypt. Aquatic will provide its Dual Tensioner System solution to tension the umbilical during […]

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Hesham Mekawi

Interview with Hesham Mekawi – Regional President, North Africa, BP, Egypt

Posted: May 24, 2017 at 11:11 pm   /   Oil & Gas

Hesham Mekawi, Regional President, North Africa for BP, discusses the company’s extraordinary investment in Egypt, with one in three upstream dollars globally spent on Egypt, making the Country currently the highest receiver of investment within the group. He also highlights the track record of successful partnership BP has had with Egypt and the total alignment […]

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Atoll

Development work at BP’s Atoll gas field 53% complete

Posted: May 18, 2017 at 1:43 pm   /   Oil & Gas

BP has completed 53% of the development work being carried out at the North Damietta offshore concession’s $3.8 billion Atoll field, including drilling three deepwater wells 950 meters below sea level, the Oil Ministry said in a statement yesterday. The field, which holds about 1.5 tcf of gas reserves, is expected to begin producing a […]

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LNG

Egypt to cut down on LNG imports as production output surges

Posted: May 12, 2017 at 2:46 pm   /   Oil & Gas

Rising domestic natural gas production prompted Egypt to start talks with its LNG suppliers to cut down on contracted cargo deliveries. The Egyptian Natural Gas Holding Company (EGAS) is looking to defer a number of cargoes scheduled for delivery through 2017, Reuters reports citing analysts. In addition to deferring 2017 cargoes, the company is looking […]

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Subsea 7

Subsea 7: West Nile Delta flows first gas offshore Egypt

Posted: April 29, 2017 at 11:14 pm   /   Oil & Gas

Gas production has started ahead of schedule at BP’s West Nile Delta Phase One project offshore Egypt, according to Subsea 7. The contractor, which provided SURF services for the project, continues to work on the West Nile Delta platform extension and tie-in and BP’s Atoll project in the same area. “Offshore Egypt, the West Nile […]

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East Mediterranean gas will improve energy security in Western Europe

Posted: April 20, 2017 at 9:24 pm   /   Oil & Gas

Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of energy security in Western Europe will be radically changed. In geopolitical terms, this will be immense; when the planned Israel-Cyprus-Greece-Italy gas pipeline is built, European […]

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subsea

Subsea 7 moves through order book

Posted: April 16, 2017 at 1:59 pm   /   Oil & Gas

With fabrication under way for Phase Two on the Giza, Fayoum, and Raven fields, Subsea 7 says the last stage of the offshore campaign is in progress for Phase One of the West Nile Delta project on the Taurus and Libra fields, located in the Egyptian sector of the Mediterranean Sea. The company’s work on […]

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Interview with Egypt’s Minister of Petroleum Tarek El Molla (BP Magazine)

Posted: March 26, 2017 at 3:09 pm   /   Oil & Gas

Egypt has faced challenges to its energy supply in recent years, but is looking ahead to new opportunities to revive domestic production. The country’s minister of petroleum and mineral resources Tarek El-Molla talks to BP Magazine about a new era of investment, how Egypt is well-placed to become a regional energy hub on the eastern […]

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