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Tag: Mediterranean
El Molla MED

El Molla at Rome MED 18: Italy is Europe’s energy gateway

Posted: November 25, 2018 at 7:15 pm   /   Oil & Gas

Egyptian Petroleum Minister Tarek El Molla said on Friday at Med Dialogues in Rome that Italy is a country that Egypt wants to approach because it is “Europe’s energy gateway”. “At the start of this year we signed a memorandum of understanding on energy with the European Union that will make Egypt a considerable energy […]

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El Molla

US firms interested in Egypt’s offshore oil & gas exploration tenders

Posted: November 25, 2018 at 7:11 pm   /   Oil & Gas

Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in two bidding rounds due before year-end, Petroleum Minister Tarek El Molla said. Egypt has emerged as an attractive destination for foreign energy firms following a string of major discoveries in recent years […]

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Eni

Eni completes drilling ninth well at Zohr gas field

Posted: November 21, 2018 at 2:14 pm   /   Oil & Gas

Italy’s Eni has completed drilling work on Zohr’s ninth deepwater well at a cost of USD 300 million, according to an industry source. Early tests put initial production levels at 150 mcf/d. The well was closed after the company finished drilling due lack of capacity at the treatment plant, but will enter production by the […]

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Zohr

Eni sets new Zohr production target of 3.2 bcf/d by end of 2019

Posted: October 28, 2018 at 3:06 pm   /   Oil & Gas

In a conference call with analysts, Eni’s finance chief Massimo Mondazzi said that the company is ramping up production at its Zohr field offshore Egypt, where it is now targeting 3.2 billion cubic feet (bcf) of gas per day by the end of 2019 from a previous 2.7 bcf. The company has one of the strongest […]

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Zohr Ramp Up

Eni starts drilling two new wells at Zohr natural gas field

Posted: October 23, 2018 at 12:47 pm   /   Oil & Gas

Italy’s Eni started drilling two additional wells at the offshore Zohr natural gas field as it prepares to raise output to its 2.7 bcf/d plateau next year, an unnamed source from EGAS tells Al Shorouk. The addition brings the total number of wells in the project to 13. Sources said that work on them should […]

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WDDM

Production from first well of Shell’s WDDM Phase 9B begins at 20 mmcf/d

Posted: October 21, 2018 at 1:42 pm   /   Oil & Gas

Shell-EGPC JV Rashid Petroleum Company (Rashpetco) has begun production from its natural gas well at the West Delta Deep Marine field Phase 9B, Chairman Sabry El Sharkawy said. The well’s initial output is estimated at 20 mmcf/d and the entire project is set to come online by 2H2019, producing up to 400 mmcf/d according to […]

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Shearwater awarded 3D survey contracts in Mediterranean, South East Asia

Posted: October 11, 2018 at 3:11 pm   /   Oil & Gas

Shearwater GeoServices awarded two contracts, adding 7 vessel months. Shearwater GeoServices (Shearwater) has been awarded 3D surveys in the Mediterranean and South East Asia, adding 7 vessel months to the current backlog. The surveys will be starting in the first half of Q4 2018. The Mediterranean survey will take approximately two months, and the South […]

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Egypt-Bulgaria

Bulgaria interested in joining Egypt-Cyprus-Greece gas project

Posted: September 26, 2018 at 5:32 pm   /   Oil & Gas

At a meeting in New York with Egyptian President Abdel Fattah al-Sisi, the Bulgarian Prime Minister Boyko Borissov said that Egypt is Bulgaria’s most important economic partner among the Middle East countries and Africa. Bulgaria accepts Egypt as a potential supplier of natural gas and would benefit from joining its gas project with Greece and Cyprus. […]

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West Nile Delta

Phase 2 of West Nile Delta gas fields to start production in December

Posted: September 26, 2018 at 2:12 pm   /   Oil & Gas

The second phase of gas production at North Alexandria and West Nile Delta fields will start next December, according to Minister of Petroleum Tarek el-Molla. Molla clarified that production will reach 400 million cubic feet of gas daily at Giza and Fayoum fields, to gradually hit 700 million cubic feet/day. This came during Molla’s periodic […]

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egypt-offshore-eni-blocks-sep18

Eni, Tharwa to drill first exploratory well at offshore Noor field

Posted: September 20, 2018 at 1:36 pm   /   Oil & Gas

Italy’s Eni and Egypt’s Tharwa company will drill the first exploratory oil well in Northern Sinai’s offshore Noor field next week, an official at Egypt’s gas company EGAS said on Thursday. Egypt’s cabinet approved in March an agreement to explore the North Sinai region of the Mediterranean Sea. Under the deal, Eni and Tharwa will […]

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