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Tag: Mediterranean
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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Saipem

Saipem lands $1.2 billion Zohr EPCI contract from Petrobel

Posted: December 20, 2018 at 6:18 pm   /   Oil & Gas

Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for EPCI activities in relation to the “Ramp Up to Plateau” phase of the ‘supergiant’ Zohr field development project in the Mediterranean Sea off Egypt. The current addendum to the work includes the installation of a second 30-inch diameter gas export […]

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Edison

Edison relinquishes its gas exploration rights in two Mediterranean concessions

Posted: December 19, 2018 at 1:57 pm   /   Oil & Gas

Italy’s Edison has forfeited its natural gas exploration rights in North East concessions Hapi and Theqa, local news reported. A new international tender for the concessions will be launched next year, an Oil Ministry source said, without specifying a time frame. Edison signed a USD 86 mn agreement with EGAS in January 2017 for E&P […]

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Saipem 10000

Eni to drill tenth well in Egypt’s Zohr natural gas field next January

Posted: December 3, 2018 at 12:34 pm   /   Oil & Gas

Italy’s Eni will begin drilling its tenth well in the Zohr gas field in January 2019 at a cost of USD 300 million. The addition of the tenth well is expected to boost output production by 200 mmcf/d, and is predicted to take two months to complete. Production from the tenth well remains dependent on […]

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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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