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Tag: Mediterranean
MedTSO

Med-TSO’s Technical Committees for Planning and Exchange met in Rome

Posted: December 6, 2019 at 6:45 pm   /   Electricity & Power

On November 27th and 28th, the Technical Committees of Planning and International Electricity Exchange met in Rome to implement Med-TSO’s ongoing Mediterranean Project 2, with the objective to promote the progressive integration and interconnection of Power Systems and the enhancement of cross-border electricity exchanges for the TSOs across the 19 Mediterranean countries that are members […]

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MedTSO

Med-TSO holds 18th General Assembly, Egypt joins discussions

Posted: November 9, 2019 at 12:41 pm   /   Electricity & Power

On 6-7 November 2019, Med-TSO, the Association of Mediterranean Transmission System Operators (TSO) for electricity, held its 18th General Assembly in Istanbul, welcoming 22 representatives from 13 TSOs in 12 countries. For the first time after some time, Egypt, a key player for the near future, joined the discussions.  The event was dedicated to reviewing […]

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Ecomondo

Italian Exhibition Group open Ecomondo & Key Energy in Rimini, Italy

Posted: November 6, 2019 at 4:14 pm   /   Renewables

Italian Minister for the Environment Costa: “Ecomondo is the most important Green Ecology Show in the World”. Also representing the Government, Riccardo Fraccaro, Undersecretary to the Presidency of the Council of Ministers, and Antonio Misiani, Undersecretary for Economy and Finance; Message from Stefano Patuanelli, Minister for Economic Development. From new models of circular economy development to […]

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Energean

Energean announces successful appraisal of Karish North discovery

Posted: November 4, 2019 at 11:08 am   /   Oil & Gas

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce the successful appraisal of the Karish North Discovery, confirming best estimate recoverable resources of 0.9 Tcf (25 BCM) plus 34 million barrels of light oil / condensate2 (combined c.190 mmboe) significantly enhancing Energean’s discovered resource volumes across […]

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Eni Egypt

Eni highlights 2019 exploration track record with six offshore discoveries

Posted: October 29, 2019 at 12:37 am   /   Oil & Gas

Eni delivered six offshore discoveries as operator during the first nine months of the year. According to the company’s latest results statement, three of the finds were in block 15/06 off Angola, bringing the number of new fields proven since exploration resumed on the block last year to five. Eni estimates the cumulative resources at […]

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Ecomondo

Italy: Green Business in North Africa and the Middle East at Ecomondo

Posted: October 29, 2019 at 12:34 am   /   Renewables

The countdown has begun for Ecomondo 2019, the Euro Mediterranean area’s number one green and circular economy show that runs alongside Key Energy, the renewable energy show. Over 500 buyers on their way to Italy for Ecomondo registered on the platform to fix their business appointments in their agendas with a net growth of those […]

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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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MOC

Heads of global oil giants applaud Egypt’s blooming oil & gas sector

Posted: October 19, 2019 at 4:08 pm   /   Oil & Gas

Heads of global oil companies stressed on Tuesday that the Egyptian oil sector has become a friendly-investment environment thanks to the government’s legislative reforms and recent oil discoveries in Egypt. Their remarks came during the Mediterranean Offshore Conference (MOC), held in Egypt’s Alexandria, Egyptian state-run MENA news agency reported. Executive VP Upstream JVs at the […]

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Shell

Shell aims to start operating Egypt concessions in second half of 2020

Posted: October 19, 2019 at 4:04 pm   /   Oil & Gas

Royal Dutch Shell is aiming to start operating in its concession areas in Egypt in the second half of 2020, a senior executive said. Shell won three oil and two gas concessions in Egypt in February. Eni, BP and Exxon Mobil also won some of a total of 12 tenders as Egypt looks to sustain […]

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Eni MOC

Zohr field’s natural gas production to exceed 3 bcf/d this month – IEOC Chief

Posted: October 16, 2019 at 3:44 pm   /   Oil & Gas

Production from the 13 wells at the giant Zohr natural gas field is expected to surpass 3 bcf/d by the end of October, up from 2.7 bcf/d in August, Eni IEOC JV boss Luca De Caro said on the sidelines of the Mediterranean Offshore Conference in Alexandria, the Oil Ministry said in a statement. Eni […]

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