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Tag: IEOC
Rosneft

Rosneft will export gas from Egypt's Zohr project to Middle East and Europe — source

Posted: June 26, 2017 at 7:43 pm   /   Oil & Gas

Rosneft is buying a 30% stake in the project to develop the Shorouk block in Egypt’s offshore zone. Russian top oil producer Rosneft, which is buying a 30% stake in the project to develop the Shorouk block in Egypt’s offshore zone, where the Zohr gas field was discovered, will export gas from it to the […]

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MOP - Zohr

El Molla: Zohr project 71% complete, production 1 bcf/d by end of year

Posted: June 18, 2017 at 3:04 pm   /   Oil & Gas

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Petrobel, Italy’s Eni, and BP to follow up on the development of the Zohr field project. EGAS Chairman , EGPC Chairman, Petrobel’s Chairman, Enppi’s Chairman, […]

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Total, Eni, BP start exploration program in North El Hammad offshore Egypt

Posted: June 8, 2017 at 6:52 pm   /   Oil & Gas

Total, Eni’s Egyptian subsidiary IEOC, and BP have commenced a gas and oil exploration program in the North El Hammad block, located in the conventional offshore of the Mediterranean Sea. The program aims to explore more fields in the area in order to increase Egypt’s oil and natural gas domestic. Natural gas and oil exploration […]

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Petrojet Zohr

Petrojet completes Zohr offshore platform ahead of schedule

Posted: June 4, 2017 at 5:20 pm   /   Oil & Gas

Petrojet company managed to complete manufacturing the offshore platform of Zohr gas field four months before the due date, Petrojet said in a Saturday statement. Chairman and Managing Director of Petrojet Salah Ismail inaugurated the platform, which weighs about 6,000 tons and was manufactured at Petrojet’s marine manufacturing yard in Alexandria. Zohr gas field is […]

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El Molla inspects progress of Zohr field project development

Posted: March 21, 2017 at 4:22 pm   /   Oil & Gas

The Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, inspected the development of the Zohr gas field project, and met with the project’s Higher Committee to follow up on the progress of the project development. Eng. El Molla said that the Zohr gas field will produce almost 1 billion cubic feet per day […]

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Eni and BP complete sale of 10% of Shorouk concession offshore Egypt

Posted: February 14, 2017 at 8:25 pm   /   Oil & Gas

Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt. The signing took place in Cairo in the presence of the Prime Minister Sherif Ismail. Eni and BP first […]

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El Molla chairs Petro Shorouk's General Assembly, follows up on Zohr development plan

Posted: January 29, 2017 at 1:13 pm   /   Oil & Gas

Minister of Petroleum, Eng. Tarek El Molla, chaired the General Assembly for Petro Shorouk Company to review the company’s budget for the fiscal year 2017/2018. The General Assemby was held in the attendance of First Undersecretaries of the Ministry of Petroleum, CEO of the Egyptian Natural Gas Holding Company (EGAS) and Executive President of the […]

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Petrobel to invest $630 million in FY 2017-18

Posted: January 17, 2017 at 7:59 pm   /   Oil & Gas

Minster of Petroleum Eng. Tarek El Molla, chaired the General Assembly for Belayim Petroleum Company (Petrobel) to review the companies’ budgets for fiscal year 2017/2018. The general assemblies were held in the attendance of First Undersecretaries of the Ministry of Petroleum, CEOs of the Egyptian Natural Gas Holding Company (EGAS), and Executive President of the […]

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Eni’s CEO meets Egyptian President, confirms Zohr production expected before end of 2017

Posted: January 5, 2017 at 7:57 pm   /   Oil & Gas

The President of the Republic of Egypt, Abdel Fattah el-Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi reviewed the extensive activity performed by Eni in Egypt with particular attention to the ongoing development activities of the Zohr field and with specific mention to the Nooros development which will produce about 25 MSCM/d (172,000 boepd) by […]

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Egypt signs oil and gas deals worth $220 million with Eni, BP & Total

Posted: December 29, 2016 at 1:23 pm   /   Oil & Gas

Egyptian Oil Minister Tarek El Molla has signed three offshore oil and gas exploration and production deals worth a total of at least $220 million with France’s Total, Britain’s BP, and Italian oil major ENI’s Egyptian subsidiary IEOC, the ministry said on Wednesday. The deals include drilling for six wells and a signing bonus of […]

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