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Tag: Baltim

Petrobel: Zohr gas field work 83.5% complete, progressing quickly

Posted: August 22, 2017 at 3:40 pm   /   Oil & Gas

Progress of development works of the Mediterranean’s largest gas field Zohr was given at a current rate of 83.5 percent, with $4 billion in investments so far. At the beginning of the month, Zohr works were 80 percent complete as stated by the Ministry of Petroleum, with $3.8 billion in investments. In a meeting with […]

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Eni signs concession agreements for two new exploration blocks in Egypt's Mediterranean shallow waters

Posted: December 28, 2016 at 1:03 pm   /   Oil & Gas

Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, located in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round. Eni is the operator of the North El Hammad block with an equity of 37.5% in participation with BP, who […]

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New massive offshore gas field could make Egypt self-sufficient

Posted: November 26, 2016 at 12:12 pm   /   Oil & Gas

A major offshore discovery could lead Egypt to fully supply itself with natural gas by 2021. Deposits in the massive offshore Zohr field in the southeast Mediterranean are estimated at 30 trillion cubic feet, which would provide Egypt with 10 years’ worth of natural gas, industry analysts say. The Zohr field was discovered by Italy’s […]

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SDX Energy interpret 3D seismic at South Disouq in Egypt

Posted: October 10, 2016 at 6:59 pm   /   Oil & Gas

Both gas and oil bearing prospects identified ahead of fully carried exploration well. SDX Energy, the Egypt focused oil and gas company, has provided an update on the initial findings from interpretation of the 300 km2 of 3D seismic data acquired over its South Disouq concession in H1 2016. Data processing commenced in June and […]

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BP signs three concession amendments in Egypt

Posted: September 27, 2016 at 8:26 pm   /   Oil & Gas

Partners also celebrate reaching record production for the Nooros field and successful appraisal results from Baltim discovery. BP today announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, concession amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.  These amendments allowed for the […]

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Eni & BP complete drilling of second well in South Baltim

Posted: September 6, 2016 at 4:47 pm   /   Oil & Gas

Project’s production platform under preparation to link 350m cubic feet of gas daily, says source. Italian company Eni and British company BP have finished drilling two wells in the South Baltim field, which is located southeast of the Delta. The production platform is under preparation to link 350m cubic feet of gas daily from the […]

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Eni and BP to drill 6 wells in South Baltim in FY16-17

Posted: July 24, 2016 at 1:43 pm   /   Oil & Gas

Eni and BP target drilling six wells as part of Baltim South development lease in the East Nile Delta during FY16-17 and linking them to production on the National Gas Grid in 2H2017, a source told Al Borsa. The drilling of one exploration well takes two months and a half on a depth of 3900-4000 […]

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Eni and BP estimate 700 bcf of gas in Baltim South reservoir

Posted: July 20, 2016 at 11:34 am   /   Oil & Gas

Drilling the first well is completed at 4,000 metres depth, says source. British Petroleum (BP) and Italy’s Eni has estimated the reserves in their concession area in Baltim South at 700 billion cubic feet of extractable gas. The gas is in a separate reservoir than the nearby Nooros field. A senior source in the oil […]

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BP, Eni announce significant new gas discovery in Egypt’s East Nile Delta

Posted: June 9, 2016 at 5:39 pm   /   Oil & Gas

BP Egypt announced today another important gas discovery in the Baltim South Development Lease in the East Nile Delta, in the Eastern Mediterranean offshore. The Baltim SW-1 exploration well, drilled in water depth of 25 metres by operator IEOC (Eni), reached a total depth of 3750 metres depth and penetrated approximately 62 metres of net […]

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Nooros fast-track development in Egypt achieves production milestone less than one year after discovery

Posted: May 13, 2016 at 1:27 pm   /   Oil & Gas

BP confirmed production ramp up from the Nidoco North 1X exploration well and the Nidoco North West 4 development well in the Nooros field, located in Abu Madi West concession in the Nile Delta, Egypt. BP holds a 25% stake in the concession of Abu Madi West, and Eni, through its subsidiary IEOC, holds 75%. […]

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