Egypt’s natural gas exports, renewables more than doubled in 2019 – BP
Egypt had a good year in 2019 for natural gas exports and renewables, according to BP: Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019, up from 2 bn cbm in 2018, BP said in its annual Statistical Review of World Energy. The report said that 1.7 bn cbm were exported […]
EGAS, TAQA Arabia sign agreement to deliver natgas to El Wadi El Gedid
The Egyptan Natural Gas Holding Company (EGAS) signed yesterday a cooperation protocol with Qalaa Holdings’ TAQA Arabia to connect homes in El Wadi El Gedid to the natural gas grid by using compressed natural gas (CNG), according to an Oil Ministry statement. The agreement will see 14k homes in the governorate connected to the grid […]
Eni: Bashrush discovery offshore Egypt tested with success
Eni: Bashrush discovery, in North El Hammad concession in Mediterranean Sea of Egypt, tested with success. Eni (as the Operator of the Block), bp and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the conventional Egyptian waters of the Nile Delta. […]
MEES: Chevron arrows in on East Med with $5bn Noble Energy takeover
US major Chevron is expanding in the “prolific Eastern Med” with the $5bn acquisition of compatriot Noble Energy. The highlight of the deal is a 40% operator’s stake in the region’s largest gas field, Israel’s 23tcf Leviathan. Just six months after dipping its toe into the East Mediterranean with its first Egypt block, US major […]
Chevron agrees to acquire Noble Energy in $13 billion deal
Chevron has entered an agreement to acquire Noble Energy under an all-stock transaction valued at $13 billion. Noble will add low-cost, proved reserves and attractive undeveloped resources to the group’s upstream portfolio, including low-capital, cash-generating assets offshore Israel, strengthening Chevron’s position in the Eastern Mediterranean. Offshore West Africa, Noble has producing interests in Equatorial Guinea […]
Nile Delta’s Bashrush gas well reserves estimated to be 250 bn cubic feet
(Photo Courtesy of MEES) Reserves at the Bashrush exploration well in the Nile Delta have been estimated to be around 250 bn cubic feet of natural gas, Masrawy reports, citing an unnamed official at the Egyptian Natural Gas Holding Company (EGAS). Italy’s Eni began production tests at the well earlier this month with partners BP […]
WEPCO to link 2 new wells to production line for $12 mn
WEPCO to add 2 new drilling wells to production line for USD 12 mn The Western Desert Operating Petroleum Co. (WEPCO) will add two new drilling wells to its production line which includes the Badr-1 and EDC 9 natural gas wells at a cost of USD 12 mn, Chairman Ibrahim Masoud announced during a tour […]
TAQA Arabia inaugurates its first natgas fueling station in New Cairo
TAQA Arabia inaugurates its first natgas fueling station as part of EGP 650 mn plan to build out 50 stations with National Company for Roads: Qalaa Holdings subsidiary TAQA Arabia and the National Company for Roads inaugurated yesterday the first natural gas fueling station under their three-year, EGP 650 mn plan to set up 50 […]
Egypt pushes compressed natural gas in clean car drive
President Abdel Fattah el-Sisi says all new cars sold in Egypt will have to run on compressed natural gas before they are issued a license. Egypt’s President Abdel Fattah el Sisi has said all new cars sold in the country will have to run on compressed natural gas (CNG) before they are issued a licence […]
Eni makes new gas discovery in Mediterranean Sea offshore Egypt
Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called “Great Nooros Area”. Eni (as […]
