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Tag: Mediterranean
Energean

Energean announces the acquisition of Edison E&P for up to $850 million

Posted: July 4, 2019 at 12:24 pm   /   Oil & Gas

Acquisition of Edison E&P and $265 MM Equity Placing.Proposed Acquisition of Edison E&P and Placing of New Ordinary Shares to raise up to US$265 million. Highlights Acquisition of Edison E&P for US$750 million initial consideration and US$100 million contingent consideration Creates one of the largest independent E&P companies on the London and the Tel Aviv Stock […]

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Maersk Discoverer

Maersk Drilling awarded contract by Edison for Discoverer semi-sub rig

Posted: July 3, 2019 at 11:47 am   /   Oil & Gas

New job in Egypt for Maersk semi-sub rig: Danish offshore drilling contractor Maersk Drilling has been awarded a contract by Edison E&P for its Maersk Discoverer drilling rig. Maersk Drilling informed through its social media channels on Tuesday that Edison E&P had signed on its Maersk Discoverer to drill an exploration well in the North […]

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WND

BP to link 250 mmcf/d of gas from Giza, Fayoum fields to production this week

Posted: June 27, 2019 at 8:00 pm   /   Oil & Gas

BP will link this week 250 mmcf/d to the production from North Alexandria’s Giza and Fayoum fields, an EGAS source told the local press. The two fields’ total production capacity this month is about 680 mmcf/d, its highest level since it began producing in February. The two fields consist of eight wells in the Mediterranean. […]

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egypt-offshore-eni-blocks-sep18

Eni announces new gas discovery in Nour prospect offshore Egypt

Posted: March 14, 2019 at 10:31 pm   /   Oil & Gas

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in Eastern Egyptian Mediterranean. Feasibility studies in order to accelerate the exploitation of these new resources leveraging the synergies with existing facilities will start after finalizing the discovery evaluation. Eni announces a new gas discovery under evaluation in the Nour exploration […]

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Vantage

ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt

Posted: March 10, 2019 at 9:14 am   /   Oil & Gas

ADES International Holding has entered a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian sector of the Mediterranean Sea. Vantage’s Tungsten Explorer drillship will drill one firm well under the contract, with an option to drill a further three wells. The initial program is set to take 77 days to […]

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Ben Pomford

The Maersk Discoverer – Q&A with Ben Pomford, Head of Drilling Solutions

Posted: February 25, 2019 at 11:48 am   /   Oil & Gas

Ben Pomford, Head of Drilling Solutions at Maersk Drilling, spoke to Energy Egypt about the Maersk Discoverer’s operations in Egyptian waters. Q: The Maersk Discoverer is a semi-submersible, deep water, dynamically positioned, dual activity rig. How does this differentiate it from other types of offshore rigs?A: There are three common styles of offshore drilling rigs; […]

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BR-Result

EGAS, EGPC 2018 Bid Rounds results announced with 12 blocks awarded

Posted: February 13, 2019 at 3:10 am   /   Oil & Gas

Shell wins big in Egypt: Supermajor lands five blocks in latest bid round, while ExxonMobil makes debut. Royal Dutch Shell, Eni, BP and Exxon Mobil were among the winners in one of Egypt’s largest ever oil and gas exploration tenders on Tuesday, as the country looks to sustain an investment upswing spurred by major discoveries. […]

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DEA WND

DEA: First Gas from Giza, Fayoum WND fields offshore Egypt

Posted: February 12, 2019 at 9:48 am   /   Oil & Gas

Next milestone at DEA’s West Nile Delta project: First Gas from the Giza and Fayoum fields offshore Egypt. Production start from additional two gas fields in time and below budget. West Nile Delta contributes to DEA’s continuous growth. Maximum rate from Giza and Fayoum of approximately 700 mmscfd expected. DEA and operator BP commenced production […]

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Rosneft

Zohr gas field offshore Egypt building to peak capacity – Rosneft

Posted: February 5, 2019 at 1:30 am   /   Oil & Gas

Gas produced from the deepwater Zohr field in the Egyptian sector of the Mediterranean Sea totaled 12.2 bcm last year, according to partner Rosneft. During the second half of the year, output increased almost fourfold compared with H1, when production amounted to 3.1 bcm. Over the course of 2018, the treatment capacity was increased in […]

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jan-de-nul

Jan de Nul completes umbilical installation project offshore Egypt

Posted: January 9, 2019 at 4:12 pm   /   Oil & Gas

Jan De Nul Group has completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, located in the North Alexandria region. Specifically for this project, Jan De Nul Group reconfigured its multi-purpose vessel Willem de Vlamingh for umbilical installation. The two […]

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