Eni announces New Gas Discovery in Eastern Mediterranean Sea, offshore Egypt
Eni announces a significant new gas discovery at the Nargis-1 exploration well located in Nargis Offshore Area Concession, in the Eastern Mediterranean Sea, offshore Egypt. The Nargis-1 well has encountered approximately 200 net feet (61 m) of Miocene and Oligocene gas bearing sandstones and was drilled in 1,014 feet (309 m) of water by the […]
Wintershall Dea makes new Natural Gas Discovery in East Damanhour Block
Wintershall Dea announced that it, along with its partners, has made a new natural gas discovery in the East Damanhour exploration block in the onshore Nile Delta. It said that the licensees, operator Wintershall Dea (40%) and partners Cheiron Energy (40%) and INA (20%), as well as the Egyptian Gas Holding Company (EGAS) will assess […]
Chevron finds 3.5 tcf of gas in Egypt’s offshore Mediterranean
A big gas find in the EastMed: Chevron has discovered an offshore gas field in the Mediterranean estimated to hold 3.5 tn cubic feet of gas, a source tells MEES. The US energy giant made the finding drilling its first ever offshore well in Egypt at its Narges block off the coast of North Sinai, in which […]
Special Media Call and Q3 Results: Wintershall Dea strengthens international portfolio; CEO Mehren: “Security of supply requires security of demand”
In a media call today, Wintershall Dea CEO Mario Mehren calls for more investment in the expansion of the energy industry. That includes more investment in global gas and oil production, as fossil fuels will continue to be needed in the longer term. “Importers need to be able to conclude long-term supply contracts again. This […]
Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition
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 […]
Eni looks to establish 10 GW of solar & wind projects in Egypt, boost gas exports to Europe
Eni to go big on Egypt’s renewable energy sector? Eni could establish 10 GW of renewable energy projects in Egypt “in the forthcoming years,” the Italian energy giant said in a statement. The company’s CEO, Claudio Descalzi, “agreed on the opportunity to implement” the solar and wind projects during a meeting with President Abdel Fattah El Sisi […]
Lafarge Egypt works with Ostool to convert its fleet trucks to operate on natural gas
Lafarge Egypt, a member of Holcim Group works with its esteemed partner Ostool for Land Transportation, a subsidiary of Raya Holding for Financial Investments (RAYA) to convert all fleet trucks serving Lafarge to operate on natural gas, reducing carbon footprint and promoting sustainable development. Jimmy Khan, Chief Executive Officer, Lafarge Egypt, “We are part of […]
EGAS, KANFER Shipping & LETH facilitating LNG bunkering in Suez Canal, Egypt
Egyptian Natural Gas Holding Company (EGAS), Kanfer Shipping (KANFER) and Leth Suez Transit (LETH) are facilitating for a strategic and competitive LNG bunkering hub in the Suez Canal. EGAS, KANFER and LETH signed an MoU on the 3rd of February 2022 with the purpose of establishing LNG bunkering services in Egypt Mediterranean, the Suez Canal and […]
Wintershall Dea and EGAS sign MoU for Carbon Management and Hydrogen Solution
Wintershall Dea reinforces its ambition to grow globally in low-carbon energy solutions. In light of this, the company has signed a Memorandum of Understanding (MoU) with its Egyptian partner, the Egyptian Natural Gas Holding Company (EGAS), to explore opportunities in the areas of carbon capture and storage (CCS) and hydrogen. Chief Operating Officer Dawn Summers, […]
bp awarded King Mariout Offshore exploration block in Egypt’s West Mediterranean
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 […]
