Newsletter subscribe
Tag: Deep Water

Edison seeking partner to drill at North East Hapy offshore concession

Posted: June 12, 2017 at 6:02 pm   /   Oil & Gas

Italy’s Edison is looking for a partner to begin drilling the first deepwater well at its North East Hapy offshore concession. Drilling costs could surpass USD 100 mn, an unnamed EGAS source tells Al Shorouk. Edison had signed an USD 86 mn agreement with EGAS in January for E&P operations and drilling two new wells […]

No Comments read more
Petrojet Zohr

Petrojet completes construction of Zohr deepwater facilities ahead of schedule

Posted: June 12, 2017 at 5:39 pm   /   Oil & Gas

Petrojet has completed the construction of deepwater subsea structures (Suction Piles and PLETs) on the Zohr gas field one month ahead of schedule, Al Masry Al Youm reports. Petrojet had also announced earlier this month that it completed construction on offshore platform for the gas field four months before it was due. (Source: Enterprise.press)

No Comments read more
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 […]

No Comments read more
WND

BP starts production from West Nile Delta eight months ahead of schedule, production 20% above plan

Posted: May 10, 2017 at 9:34 pm   /   Oil & Gas

BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all […]

No Comments read more
WND

First gas from West Nile Delta contributes to DEA’s growth

Posted: May 10, 2017 at 9:08 pm   /   Oil & Gas

• Production from the West Nile Delta (WND) project commenced. • First gas ahead of schedule and production above plan. Production from the offshore WND gas fields commenced on 24 March 2017 from the first two fields, Taurus and Libra. Nine wells have now been commissioned and the fields are currently producing at a flow […]

No Comments read more
BNP Paribas

Can Egypt become a net gas exporter again?

Posted: May 5, 2017 at 3:53 pm   /   Oil & Gas

With total proven reserves of 65 trillion cubic feet at the end of 2015, Egypt is the 16th largest gas reserve-holder globally, says BNP Paribas. Egypt has laid out its vision to become a regional energy hub following discoveries of large offshore gas reserves in the Eastern Mediterranean. This vision is critical as the energy […]

No Comments read more

Minister of Petroleum visits BP's North Alexandria Gas Projects and reviews progress

Posted: March 14, 2017 at 5:01 pm   /   Oil & Gas

Egyptian Minister of Petroleum, Eng. Tarek El Molla, visited North Alexandria to follow up on project developments in gas fields located in the Mediterranean’s deep water. Bernard Looney Chief Executive of BP for Exploration and Production, and BP North Africa Regional President Eng. Hesham Mekawi accompanied El Molla during his visit to the project’s site. […]

No Comments read more

Eni to start producing 200 mmcfd of gas from Zohr in October

Posted: February 26, 2017 at 1:00 pm   /   Oil & Gas

Company to rent a temporary gas processing plant until the completion of the permanent unit, says source. The Italian company Eni aims to begin pumping 200 million cubic feet of gas per day (mmcfd) from the deep-water Zohr field in the Mediterranean by October, through a temporary ground gas processing station. A source at the […]

No Comments read more

UK Embassy: Strong British Presence at EGYPS 2017

Posted: February 16, 2017 at 10:17 pm   /   Oil & Gas

As Egypt becomes an energy superpower, a strong British presence at EGYPS confirms UK as Egypt’s Top Oil & Gas partner. On 14-15 February, British Ambassador to Egypt John Casson and UK Trade Envoy Sir Jeffrey Donaldson attended the first ever Egypt Petroleum Show (EGYPS 2017), opened by President Sisi. EGYPS 2017 is the largest […]

No Comments read more

IHS Markit: Total’s Offshore Cyprus Block 11 Could Rival Egypt’s Zohr Natural Gas Discovery

Posted: January 12, 2017 at 8:29 pm   /   Oil & Gas

Total to drill one of E&P industry’s most critical wells in 2017, as interest grows in region. Driven by the success of Eni’s major Zohr Field gas discovery offshore Egypt in 2015, companies are rethinking the Eastern Mediterranean region’s gas potential, according to new analysis from IHS Markit , a world leader in critical information, […]

1 Comment read more