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Tag: Eni
Faramid

EGAS agrees to purchase gas from Eni’s Faramid at $2.6/MMBtu

Posted: October 18, 2018 at 12:42 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) reportedly agreed to purchase natural gas produced from Eni’s Faramid South asset at USD 2.6/MMBtu, sources from EGAS said. The well, which is in Eni’s East Obayed concession in the Western Desert, has been closed pending Eni reaching an agreement with Royal Dutch Shell over the terms of […]

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Zohr

Zohr gas production expected to reach 2.7 bcf/d target by July 2019

Posted: September 26, 2018 at 6:42 pm   /   Oil & Gas

The Oil Ministry and Italy’s Eni agreed to expedite their timeline for the development of the Zohr gas field, aiming to bring the field’s production to 2.7 bcf/d by July 2019, rather than end-2019, a source from the Egyptian Natural Gas Holding Company told the local press. Production had broken the 2 bcf/d mark in […]

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egypt-offshore-eni-blocks-sep18

Eni, Tharwa to drill first exploratory well at offshore Noor field

Posted: September 20, 2018 at 1:36 pm   /   Oil & Gas

Italy’s Eni and Egypt’s Tharwa company will drill the first exploratory oil well in Northern Sinai’s offshore Noor field next week, an official at Egypt’s gas company EGAS said on Thursday. Egypt’s cabinet approved in March an agreement to explore the North Sinai region of the Mediterranean Sea. Under the deal, Eni and Tharwa will […]

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eni station

Eni, Gastec sign agreement for fuel stations in Egypt

Posted: September 18, 2018 at 1:16 pm   /   Oil & Gas

Gastec Corporation and Italian oil and gas company Eni signed an agreement to establish auto service and gas and natural gas fuel stations in various areas across the country, particularly in Upper Egypt, to serve owners of natural gas-operated vehicles. A statement released by the Ministry of Petroleum on Monday said the ministry seeks to […]

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Zohr

Zohr field boosts Egypt’s natural gas production six-fold

Posted: September 15, 2018 at 8:11 pm   /   Oil & Gas

The huge Zohr gas field offshore Egypt has increased its production six-fold since it started production in January this year, Egypt’s Petroleum Minister Tarek el-Molla said on Thursday. Production at Zohr in the Mediterranean has increased to 2 billion cubic feet per day (bcfd) from 350 million bcfd when it began commercial production in January […]

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SEGAS LNG

Union Fenosa Gas reportedly in talks to resume Egypt LNG exports

Posted: September 13, 2018 at 1:29 pm   /   Oil & Gas

Union Fenosa Gas (UFG) is reportedly in talks to restart the Damietta liquefied natural gas (LNG) export plant in Egypt following the $2.01 billion arbitration award last week. To remind, a World Bank arbitration body ordered Egypt to pay the award to UFG because of a lack of gas supply to the Damietta plant, in which the […]

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Zohr

Eni: Zohr gas field reached 2 bcf/d production target

Posted: September 8, 2018 at 8:10 pm   /   Oil & Gas

Zohr Ramp-up: Eni reaches 2 bcfd production target. Zohr is now producing 2 bcfd only a few months after the first gas in December 2017 and 1 year before the schedule of the PoD. Eni announces that Zohr field is now producing 2 bcfd, equivalent to approximately 365,000 boed. This outstanding result has been achieved […]

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Damietta LNG

Egypt to pay Union Fenosa $2 billion in Damietta LNG dispute

Posted: September 4, 2018 at 11:47 am   /   Oil & Gas

Spanish LNG operator Naturgy, previously Gas Natural Fenosa, said that Union Fenosa Gas has won an award from the International Center for Settlement of International Disputes in regard to a gas supply dispute in Egypt. Union Fenosa Gas is a 50/50 joint venture between Naturgy and Italy’s Eni. The company, through its 80 percent holding in its subsidiary SEGAS, […]

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Faramid

Eni announces new gas discovery in Egypt’s Western Desert

Posted: August 31, 2018 at 2:20 pm   /   Oil & Gas

Eni announces a gas discovery in the Egyptian Obayed concession located in the Egyptian Western Desert. Eni has started the studies to develop these relevant gas reserves that, together with the gas potential of the Melehia Concession, can contribute to increase the country gas production. The discovery well has been drilled on the Faramid South […]

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Shell Obaiyed

Eni in talks to link Western Desert well with Shell’s Obaiyed gas plant

Posted: August 29, 2018 at 2:37 pm   /   Oil & Gas

Eni said to be in talks with Shell to connect Western Desert well with processing plant in Obaiyed Italian oil and gas giant Eni is reportedly in talks with Royal Dutch Shell to begin pumping a daily 23 million cubic feet of gas a well in its Western Desert concession to the company’s processing plant […]

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