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Tag: Mediterranean
Subsea 7

Subsea 7 installs spools and flying leads for West Nile Delta Phase Two project offshore Egypt

Posted: August 14, 2019 at 2:29 pm   /   Oil & Gas

Subsea 7 benefiting from offshore project pick-up. Subsea 7 has issued progress reports on its current offshore construction programs. For the West Nile Delta Phase Two project offshore Egypt, the company has installed spools and flying leads using the flex-lay vessels Seven Seas and Simar Esperança. Work continues on Mad Dog 2 in the Gulf […]

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exxonmobil

ExxonMobil considers logistics support center in Damietta Port

Posted: August 7, 2019 at 3:18 pm   /   Oil & Gas

ExxonMobil Probes Potentials for Oil & Gas Services in Damietta Port. Damietta Port Authority (DPA) Chairman, Cpt. Tarek Shahin met with ExxonMobil delegation to discuss their interest in exploring the possibility to establish a logistic support center in Damietta Port for servicing oil and gas fields. Both sides looked over port capabilities particularly its unique […]

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BP_West_Nile_Delta

BP to start third development phase of North Alexandria concession by year-end

Posted: July 30, 2019 at 11:53 am   /   Oil & Gas

BP is planning to begin the third development phase of its North Alexandria concession by the end of the year to bring the field’s production to 1.5 bcf/d by early 2020, a source from the Egyptian Natural Gas Holding Company told the local press. The third and final phase will see an early 350 mmcf/d […]

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Dana Gas

UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets

Posted: July 29, 2019 at 3:38 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources familiar with the matter said, as the company shifts its focus to its Kurdistan operations. The Abu Dhabi-listed energy producer – whose main assets […]

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Alessandra-Astolfi-IEG’s-Group-Brand-Manager-green-and-Technology-division

Q&A: Alessandra Astolfi, Brand Manager Green & Technology Division, IEG

Posted: July 23, 2019 at 11:25 pm   /   Renewables

Interview with Alessandra Astolfi, Group Brand Manager Green & Technology Division, Italian Exhibition Group (IEG). How might the event “Key Energy” be of benefit to the Egyptian Renewable Energy Industry? Key Energy is a business and training opportunity for the entire renewable energy sector: a marketplace at which to find ideas, set up contacts, increase commercial […]

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drilling

Edison to drill Ameeq deepwater prospect offshore Egypt this year

Posted: July 19, 2019 at 8:55 pm   /   Oil & Gas

Edison eyes Ameeq wildcat off Egypt this year. Italian player to drill probe on 2.8 Tcf prospect in North Thekah licence, acreage that has synergies with Edison’s adjacent Royee block off Israel Italy’s Edison E&P is set to spud a deepwater wildcat in November or December this year on a major gas prospect on its […]

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Eni Egypt

Eni to drill nine new wells in Egypt’s Zohr natural gas field until 2020

Posted: July 10, 2019 at 12:57 pm   /   Oil & Gas

Italy’s Eni is planning to drill nine new development wells in the Zohr gas field until 2020 to achieve production targets agreed upon with the Oil Ministry, an industry source told the press. Zohr’s development plan involves drilling 20 wells, 11 of which have already been drilled. The company is planning to link the 11th […]

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Ecomondo

Ecomondo will be back at Rimini Expo Center from November 5th-8th

Posted: July 8, 2019 at 12:05 pm   /   Renewables

Ecomondo, The Great Platform of the International Green Economy, will be at Rimini Expo Center from November 5th to 8th. The Italian Exhibition Group’s expo is a reference point in the Euro Mediterranean area for enterprises and institutions in the transition toward the only economy offering prospects of development. With a new edition, under the […]

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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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