Shell submits proposal to sell natural gas to the Egyptian local market
Shell Egypt wants to sell natgas to the local market: Shell Egypt has submitted a request to the Gas Regulatory Authority to allow it to sell gas to customers in the local market using the national grid, Shell Egypt Deputy Country Chair Moataz Darwish told Al Mal. The process could take years to complete and […]
SDX announces reserves upgrade at South Disouq onshore concession
SDX Energy, the MENA-focused oil and gas company, has announced that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaffney, Cline & Associates (GCA) has reported that gross proved plus probable reserves (‘2P reserves’), as at 30 September 2019, are 86 […]
Energean, DEPA agreement paves way for the operation of EastMed pipeline
LοI for the Sale & Purchase of 2 BCM per annum: Energean and the Public Gas Corporation of Greece (“DEPA”) have agreed to cooperate to further support the EastMed Pipeline Project. Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for […]
Zohr offshore natural gas field continues to rise for Egypt – Energy Voice
Egypt’s Zohr field is producing at around 3 billion cubic feet (85 million cubic metres) per day, the country’s Ministry of Petroleum has said. The production rate was disclosed during a visit to onshore facilities linked to the asset by Egyptian Minister of Petroleum Tarek El Molla, leading a parliamentary delegation. The statement from the […]
Production at Shell’s Burullus, Rashid gas fields rises up to 440 mmcf/d
The production of Dutch Shell’s Burullus and Rashid gas fields in the deep waters of the Mediterranean Sea increased to 440m cubic feet per day (scf/day), compared to 300m scf/day in the first quarter of this fiscal year 2019/20. A source in the Egyptian Natural Gas Holding Company (EGAS) said that linking 80m scf/day from […]
Idku LNG plant reaches full export capacity for first time in six years
The Idku liquefaction plant has reached its full export capacity of 1.1 bcf/d for the first time since 2013, a source at state gas company EGAS told the local press. Exports have surged from 300 mmcf/d in October to 1 bcf/d last month as international prices rose in response to weakening oversupply. (Source: Enterprise.press)
El Molla meets with BP’s Bernard Looney to discuss gas projects
Minister of Oil and Mineral Wealth Tarek el Molla conferred on Monday with the newly-appointed Chief Executive Officer of British Petroleum Company Bernard Looney and Chief Executive of Operations, Exploration and Research William Lane and Regional President of BP in North Africa and the Middle East Hisham Mekawy and BP Chairman in Egypt Karim Alaa. […]
SDX Energy achieves stabilised plateau production at South Disouq
SDX Energy, the MENA-focused oil and gas company, has achieved its targeted stabilised plateau production rate of 50 MMscfe/d from its operated South Disouq concession (SDX: 55% working interest) in Egypt approx. three months earlier than initially expected. Gas has been flowing through the South Disouq Central Processing Facility (‘CPF’) since 7 November 2019 with […]
The Challenges Facing Eastern Mediterranean Gas, by Amira El-Mazni
Gas has been discovered in the East Mediterranean for a decade, yet most remain undeveloped. This article reviews these discoveries and share some risks & various technical, commercial & political challenges facing their full development. Ever since the discovery of “Tamar” and “Leviathan” gas reserves within the Israeli EEZ, “Aphrodite” within the Cypriot EEZ, the […]
Egypt signs $430m natural gas deal with Noble Energy at Africa Investment Forum
Egypt signs energy accords at conference in new capital. Egypt said it had signed several energy accords at a conference in its partially built new capital on Saturday, including a $430-million deal for Texas-based Noble Energy to pump natural gas through the East Mediterranean Gas Co’s pipeline. Under the agreement, with financing from the U.S. […]
