Rosneft: Zohr natural gas output increases 3 times to 11.3 bcm in H1 2019
Rosneft says gas output at Zohr in Egypt surges to 11.3 bcm in H1: Natural gas production at Zohr, the largest gas field in the Mediterranean Sea, more than tripled in the first half this year to reach 11.3 billion cubic metres (bcm), Russian energy giant Rosneft said on Wednesday. The field is an important […]
NS Energy: Will the LNG market in Egypt realise its potential in 2019?
After recently becoming a net exporter of LNG, Egypt is looking to take its natural gas market to new heights following a series of key discoveries. The LNG market in Egypt has been mired in uncertainty for much of this millennium but over the course of 2019, it has gradually started gaining traction. A plethora […]
BP targets 500 mmcf/d output from Baltim SW gas field by mid 2020
BP aims to increase natural gas production to 500 mmcf/d by the middle of 2020 when it completes the development of its Baltim South West field, a source from EGAS told the press. Work is still ongoing to develop the field and link it to the national gas grid. Eni estimated the field to hold […]
BP to start third development phase of North Alexandria concession by year-end
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 […]
UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets
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 […]
Egypt reportedly considering new LNG facility in Sinai for Asian exports
Egyptian and Israeli authorities are reportedly considering building a USD 15 bn natural gas liquefaction facility on the Red Sea coast in Sinai to drive liquefied natural gas (LNG) exports into Asia from both countries, sources told Israeli business news publication Globes. The facility would eliminate the need for LNG vessels taking off from either […]
East Med states reiterate need for cooperation during EMGF gas forum
East Mediterranean states agree they need to step up on developing the regional gas market and incentivize the private sector: Energy ministers from Eastern Mediterranean states vowed to increase cooperation over developing the region’s gas reserves following talks in Cairo last week. Ministers from Egypt, Israel, Cyprus, Greece, Italy, Jordan and the Palestinian Authority met […]
Egypt’s gas exports through Idku LNG plant increase to 750 mmcf/d
The quantities of gas exported through Idku have increased after linking 250 mmcf/day of the Giza and Fayoum fields to the local production: source. The Egyptian Natural Gas Holding Company (EGAS) estimated the quantities of natural gas exported through Dutch Shell’s Idku gas liquefaction plant at 750 million cubic feet per day (mmcf/day) compared to […]
Edison to drill Ameeq deepwater prospect offshore Egypt this year
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 […]
EKH’s NSCO begins gas production from offshore North Sinai well
Egypt Kuwait Holding’s (EKH) NSCO Investments Limited started production from its first North Sinai natural gas well on 13 July with a capacity of 25 mmcf/d, the company said in a stock exchange filing (pdf). EKH completed the drilling of its first North Sinai gas well at a cost of USD 15 million, and expects […]
