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Tag: Deep Water

Egypt's Idku front-running option for East Med Gas

Posted: August 26, 2017 at 2:13 pm   /   Oil & Gas

Source: BMI Research BMI View: In line with our long-held view, the proposition to pipe natural gas from the Leviathan and Aphrodite fields to the Idku LNG plant in Egypt represents the most compelling export scenario for the fields. The Egyptian option is both less politically sensitive and less capital intensive than the alternative scenarios. Royal […]

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Zohr Map

Eni CEO: Zohr development phase nearing completion

Posted: August 8, 2017 at 4:29 pm   /   Oil & Gas

Eni CEO Claudio Descalzi has held talks with two North African leaders concerning major ongoing offshore development projects. In Tripoli, Descalzi met Fayez al-Sarraj, Head of the Presidential Council of the Libyan government of National Accord, and the president of the state oil company Mustafa Sanalla. High on the agenda was the second phase of […]

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Dana Gas to use AGR software for North El Arish deep water exploration in Egypt

Posted: July 21, 2017 at 1:54 pm   /   Oil & Gas

AGR Software team have signed a SaaS (Software as a Service) contract with Dana Gas PJSC to supply the latest version of our P1™ software. AGR’s P1™ software helps its users to improve the accuracy of well time and cost modeling and can be applied for all drilling and well related operations, including completions and […]

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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 […]

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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:

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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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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 […]

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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 […]

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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 […]

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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. […]

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