Newsletter subscribe
Tag: Mediterranean
bp

bp awarded King Mariout Offshore exploration block in Egypt’s West Mediterranean

Posted: June 28, 2022 at 3:15 pm   /   Oil & Gas

bp has been awarded an exploration block offshore Egypt following its successful participation in the limited bid round organised by the Egyptian Natural Gas Holding Company in 2021. The King Mariout Offshore area, with 100% bp working interest, is located approximately 20 kilometres west of the Raven field in the Mediterranean Sea. The block covers […]

No Comments read more

Shell subsidiary BG Egypt acquires 100% stake in ExxonMobil’s North East El Amriya offshore block

Posted: May 18, 2022 at 7:42 pm   /   Oil & Gas

SHELL STRENGTHENS ITS OFFSHORE POSITION IN EGYPT’S NILE DELTA – ACQUIRES OFFSHORE BLOCK 3 BG International Limited., a subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with ExxonMobil Egypt (Upstream) Limited to acquire a 100% stake in the ExxonMobil-operated North East El-Amriya Offshore Area, Mediterranean Sea – also known as Block 3. On […]

No Comments read more

Egypt, Greece TSO chiefs meet to discuss EuroAfrica Interconnector

Posted: April 20, 2022 at 1:06 pm   /   Electricity & Power

Chiefs of the Greek and Egyptian transmission system operators (TSOs) have come together to discuss the EuroAfrica Interconnector that will connect the two countries. Manos Manousakis, chairman and CEO of Greece’s Independent Power Transmission Operator (IPTO), and Sabah Mashaly, chairman of the Egyptian Electricity Transmission Company (EETC), held a working meeting at IPTO headquarters on […]

No Comments read more
North Marakia

ExxonMobil, QatarEnergy sign farm out for North Marakia block offshore Egypt

Posted: March 30, 2022 at 7:41 pm   /   Oil & Gas

ExxonMobil signed an agreement to farm out working interest in the North Marakia exploration block offshore Egypt to QatarEnergy. Subject to customary approvals by the government of Egypt, QatarEnergy will hold a 40% working interest in the North Marakia Offshore Block in the Mediterranean Sea, An ExxonMobil affiliate will remain operator with 60% interest. The […]

No Comments read more
Snam

Snam joining Eni in Mediterranean gas trunkline system

Posted: March 16, 2022 at 10:27 pm   /   Oil & Gas

Eni has agreed to sell Snam a 49.9% stake in companies operating two pipeline systems taking gas from Algeria to Italy. These comprise the offshore gas pipelines from the Tunisian coast to Italy and the onshore gas pipelines from the Algeria and Tunisia borders to the Tunisia coast. Under the agreement, Eni will transfer its […]

No Comments read more
Bid Round Result

Egypt announces Results of 2021 International Digital O&G Bid Round: Seven companies awarded eight concessions

Posted: January 3, 2022 at 8:31 pm   /   Oil & Gas

Seven international companies were awarded exploration and production licenses for eight oil and gas concessions in the Mediterranean, the Western desert, and the Gulf of Suez, with a minimum investment value of c.USD 250 mn, the Oil Ministry said today. The licenses were awarded to Eni, BP, Apex International, Energean, United Energy, INA Naftaplin, and […]

No Comments read more
Energean

Energean to increase natgas production through new Mediterranean wells

Posted: December 15, 2021 at 7:26 pm   /   Oil & Gas

Energean expects to increase natgas production through new Mediterranean wells: The Greek energy firm sees new discoveries in its North Idku and North Amriya concessions adding 150 mn cubic feet of gas per day, according to a cabinet statement. The news came as Energean CEO Mathios Rigas discussed the company’s recent exploration activities in Egypt with Oil Minister Tarek El […]

No Comments read more
Previati IEG

Interview with Christian Previati, Key Energy Exhibition Manager – IEG

Posted: October 1, 2021 at 8:14 pm   /   Renewables

Christian Previati, you’re the Exhibition Manager of Key Energy, the leading expo for renewable energies in the Euro-Mediterranean basin organized by Italian Exhibition Group. What are the strong points and contents of this year’s edition?“Key Energy will be held in Rimini from 26th to 29th October with important new features compared to the previous editions. […]

No Comments read more
EuroAfrica-Interconnector-route

Egypt, Greece discuss EuroAfrica electricity grids interconnector

Posted: June 24, 2021 at 2:08 pm   /   Electricity & Power

Greece and Egypt to connect electricity grids: The plans for a Greek-Egyptian electricity interconnection were discussed during meetings held by Environment and Energy Minister Kostas Skrekas in Cairo with his Egyptian counterparts. Specifically, Skrekas met with Egyptian Minister of Environment, Yasmine Fouad, the Minister of Electricity and RES, Mohamed Shaker, and the Minister of Petroleum […]

No Comments read more
PGS

PGS, ION complete 3D survey for Shell in Egypt’s Mediterranean

Posted: June 2, 2021 at 2:34 pm   /   Oil & Gas

PGS and ION successfully complete Shell Egypt survey with ELO survey design and Gemini source technology PGS and ION Geophysical have announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with an innovative Extended Long Offset (ELO) design in combination with ION’s Gemini™ source technology. This is the last in […]

No Comments read more