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Tag: Eni
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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PM Eni

Egypt’s PM, Eni’s CEO discuss future of oil & gas discoveries

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

PM Mostafa Madbouly and Eni CEO Claudio Descalzi discuss future of oil and gas discoveries in the country. Prime Minister Mostafa Madbouly held a meeting on Tuesday with Eni CEO Claudio Descalzi on the future of oil and gas discoveries in Egypt, state agency MENA reported. During the meeting, Madbouly expressed his appreciation for the […]

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Eni

Eni signs lease extension for key assets in Egypt’s Nile Delta, Western Desert

Posted: August 14, 2018 at 9:33 pm   /   Oil & Gas

A new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi West Development Lease, where the Nooros field is located, and a five-year extension of the Ras Qattara Concession Agreement approved. Eni announces that Egyptian Authorities have authorized a new Nile Delta Concession Agreement allowing a ten-year extension of the Abu Madi […]

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Eni

Eni signs new exploration license for Noor area offshore Egypt

Posted: August 14, 2018 at 9:29 pm   /   Oil & Gas

Eni granted new exploration license named “Nour” located in the prolific East Nile Delta Basin of the Mediterranean Sea in Egypt. Eni announces that a new Concession Agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities. The exploration license, […]

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MOP-Eni-BP

Egypt signs 3 Oil & Gas exploration agreements worth $139.2 million

Posted: August 14, 2018 at 9:13 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources Tarek el-Molla signed three new oil agreements for the exploration of oil and natural gas in the Mediterranean, Western Desert and Nile Delta regions with investments of $139.2 million. The minister also signed grants of $55 million for drilling 15 new wells, an official statement revealed. The first agreement […]

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Zohr Ramp Up

Egypt’s Zohr gas production to reach 2 bcf/d by September – Eni

Posted: July 29, 2018 at 12:17 pm   /   Oil & Gas

Eni raised $58 million as an advance on future gas supplies to Egyptian state-owned partners to finance Zohr. Italian oil company Eni said on Friday that the production capacity of Egypt’s giant Mediterranean Zohr gas field stood at 1.6 billion cubic feet and would reach 2 billion by September. Eni raised 50 million euros ($58 […]

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