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Tag: Mediterranean

Wintershall Dea announces North West Abu Qir exploration block award offshore Egypt

Posted: November 28, 2022 at 6:49 pm   /   Oil & Gas

Wintershall Dea and operator bp have been awarded a new offshore exploration block in Egypt. The North West Abu Qir Offshore block (Wintershall Dea, 17.25%, bp, operator, 82.75%) is located north of the Raven field, where Wintershall Dea is a long-standing partner to bp. Dawn Summers, Chief Operating Officer and Board member responsible for the […]

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bp awarded new exploration blocks in Egypt’s Offshore Nile Delta

Posted: November 28, 2022 at 11:55 am   /   Oil & Gas

bp has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company.  The Northwest Abu Qir Offshore Area – in which bp, the operator, holds 82.75% and Wintershall-Dea holds 17.25% – is located west of the recently awarded North King Mariout block (bp 100%) and north of […]

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Bechtel

Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition

Posted: September 12, 2022 at 1:11 pm   /   Oil & Gas

Decarbonizing Egypt’s facilities for a net-zero future Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean […]

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ecomondo 2022

COP27, Ecomondo Partner of the First Mediterranean Pavilion

Posted: September 12, 2022 at 12:57 pm   /   Renewables

Twenty-seventh Conference of Parties in Sharm el-Sheikh, Egypt from 6th to 18th November. Focus on good practices to tackle the climate crisis in the area. •The Italian Exhibition Group event dedicated to the circular economy and environmental sustainability, in Rimini from 8th to 11th November, will promote networking and business opportunities. https://en.ecomondo.com Ecomondo, the international […]

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petronas

Petronas Exploring $3 Billion African Upstream Asset Sale

Posted: August 24, 2022 at 1:09 pm   /   Oil & Gas

Petronas could sell its Egyptian upstream assets as it looks to offload part of its African portfolio: Malaysian oil firm Petroliam Nasional Berhad (Petronas) is inviting bids for its upstream assets in Africa — including its local concessions — in a transaction that could be worth up to USD 3 bn, Bloomberg reports, citing sources it says has knowledge of the […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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