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Tag: Edison
North Thekah

Edison spuds Ameeq-1X well at its North Thekah concession offshore Egypt

Posted: January 21, 2020 at 4:04 pm   /   Oil & Gas

North Thekah ( Ameeq – 1X ) Drilling Announcement: Edison Exploration and Production announces the spud, on the 18th of January 2020, of a first exploration well in its North Thekah concession located in the Egyptian Eastern Mediterranean waters. Edison Exploration and Production hold a 100 percent working interest in this concession. The operation for […]

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Eni

Eni acquires 70% of Edison’s stake in NE Ha’py offshore gas concession

Posted: October 27, 2019 at 12:34 pm   /   Oil & Gas

Eni has acquired 70% of Edison’s stake in Block 12 of its Northeast Ha’py natural gas concession in the Mediterranean, an unnamed EGAS source said on Thursday, according to Reuters. The source did not disclose further details on the sale of the block, which Edison won in a 2015 bid round. The acquisition comes as […]

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drilling

Edison to drill Ameeq deepwater prospect offshore Egypt this year

Posted: July 19, 2019 at 8:55 pm   /   Oil & Gas

Edison eyes Ameeq wildcat off Egypt this year. Italian player to drill probe on 2.8 Tcf prospect in North Thekah licence, acreage that has synergies with Edison’s adjacent Royee block off Israel Italy’s Edison E&P is set to spud a deepwater wildcat in November or December this year on a major gas prospect on its […]

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Energean

Energean announces the acquisition of Edison E&P for up to $850 million

Posted: July 4, 2019 at 12:24 pm   /   Oil & Gas

Acquisition of Edison E&P and $265 MM Equity Placing.Proposed Acquisition of Edison E&P and Placing of New Ordinary Shares to raise up to US$265 million. Highlights Acquisition of Edison E&P for US$750 million initial consideration and US$100 million contingent consideration Creates one of the largest independent E&P companies on the London and the Tel Aviv Stock […]

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Maersk Discoverer

Maersk Drilling awarded contract by Edison for Discoverer semi-sub rig

Posted: July 3, 2019 at 11:47 am   /   Oil & Gas

New job in Egypt for Maersk semi-sub rig: Danish offshore drilling contractor Maersk Drilling has been awarded a contract by Edison E&P for its Maersk Discoverer drilling rig. Maersk Drilling informed through its social media channels on Tuesday that Edison E&P had signed on its Maersk Discoverer to drill an exploration well in the North […]

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Edison

Energean submits final offer for Edison’s Oil & Gas assets

Posted: June 16, 2019 at 1:30 pm   /   Oil & Gas

Greece’s Energean Bids for EDF Oil & Gas Assets. EDF has been seeking a sale to focus on nuclear projects. Some other potential suitors have dropped out of bidding. Energean Oil & Gas Plc, the Greek energy producer that sold shares in London last year, is bidding for the oil and gas business of Electricite […]

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Edison

Edison has four offers for the sale of its upstream division

Posted: March 10, 2019 at 12:11 am   /   Oil & Gas

Four offers are on the table for the upstream oil and gas assets of Edison from Cairn Energy, Energean, Neptune Energy and the group that will be formed from the merger of DEA and Wintershall, Il Sole 24 Ore said. (Source: Reuters)

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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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Edison

Edison says it has not given up exploration rights in Egypt

Posted: December 20, 2018 at 1:28 pm   /   Oil & Gas

Italy’s Edison says it has not given up oil and gas exploration rights in Egypt: Edison, the Italian oil company that is part of France’s EDF, has denied reports in the domestic press (as noted yesterday) that it has forfeited its right to explore for natural gas in the northeastern Hapi and Theqa concessions. “Edison […]

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Edison

Edison relinquishes its gas exploration rights in two Mediterranean concessions

Posted: December 19, 2018 at 1:57 pm   /   Oil & Gas

Italy’s Edison has forfeited its natural gas exploration rights in North East concessions Hapi and Theqa, local news reported. A new international tender for the concessions will be launched next year, an Oil Ministry source said, without specifying a time frame. Edison signed a USD 86 mn agreement with EGAS in January 2017 for E&P […]

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