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Tag: Nile Delta

Egypt to offer 27 concessions in 2 bid rounds for oil & gas exploration

Posted: May 21, 2018 at 2:14 pm   /   Oil & Gas

Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement on Monday. One bid round will cover 16 concession areas, mostly in the Mediterranean Sea, under state buyer EGAS, in its largest ever bid round. The other auction will cover 11 concession areas under […]

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WoodMackenzie Egypt Gas

Wood Mackenzie: Egypt’s astonishing gas renaissance

Posted: April 30, 2018 at 5:52 pm   /   Oil & Gas

Lessons in attracting upstream investment capital. By Simon Flowers – Chairman and Chief Analyst. Not long ago, Egypt’s gas industry was in crisis. Production fell by a third in the three years to 2015. A top ten LNG exporter in the prior decade, the country had, by then, become a top ten importer. Nearly all […]

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SDX makes second gas discovery in South Disouq, Egypt

Posted: April 12, 2018 at 12:35 pm   /   Oil & Gas

SDX Energy announces gas discovery at Ibn Yunus-1X well in Egypt: SDX Energy has announced that a gas discovery has been made at its Ibn Yunus-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator). The Ibn Yunus-1X well was drilled to a total depth of 9068 feet and encountered 100.8 feet […]

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Eni sets new record with production from Nooros field offshore Egypt

Posted: March 16, 2018 at 3:42 pm   /   Oil & Gas

Eni strengthens record production from Nooros field offshore Egypt. The Nooros field represents to date Eni’s main gas producing field in its Egyptian asset portfolio as well as an example of the success of the company’s integrated model. Eni has strengthened its record production from the Nooros gas field, offshore Egypt, which reached a production […]

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SDX Energy pursues Egypt development in 2018

Posted: February 23, 2018 at 3:38 pm   /   Oil & Gas

SDX Energy Inc. anticipates spudding the Ibn Yunus-1X exploration well at South Disouq, Egypt, in mid-March. The operator signed a contract with Sino-Tharwa Drilling Co. for the ST-6 rig, which includes agreement for four additional firm wells. The rig is on location in Egypt’s Western Desert completing drilling for a separate operator and is expected […]

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EGAS to issue natural gas exploration tender in 11 blocks before June

Posted: February 6, 2018 at 6:39 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) is planning on issuing natural gas exploration tenders in 11 offshore and onshore blocks before June, an unnamed EGAS source tells Al Shorouk. EGAS Chairman Osama El Bakly had previously announced the company’s plans to have a bid round for oil and gas exploration in East Mediterranean and […]

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EGAS to launch bid round in 1H2018 for East Mediterranean, onshore Nile Delta blocks

Posted: January 24, 2018 at 1:03 pm   /   Oil & Gas

EGAS is planning on issuing a bid round for oil and gas exploration in east Mediterranean and onshore Nile Delta blocks in 1H2018, Chairman Osama El Bakly said, according to Al Masry Al Youm. EGAS will also move ahead with its seismic mapping of blocks in west Mediterranean before setting them up for a bid […]

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Petroleum Economist: Door still open for East Med-Egypt gas

Posted: November 26, 2017 at 5:13 pm   /   Oil & Gas

Despite the country’s natural gas sector booming, it could eventually need to import the fuel again. On 14 November, Egypt’s oil minister Tarek El-Molla, told Bloomberg that “Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas”. This statement appeared to signal an end to the prospect of Eastern Mediterranean gas […]

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BP expects production from Egypt's Nile Delta to increase six-fold by 2020

Posted: October 25, 2017 at 11:46 am   /   Oil & Gas

BP expects to increase net production from Egypt’s Nile Delta to increase six-fold to more than 300 million barrels of oil equivalent a day by 2020, from 50 mboed in 2016, its vice president for African exploration said on Tuesday. Jasper Peijs said the increase would be underpinned by three major projects, including Atoll phase […]

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Dana Gas and BP to drill exploration wells in the Nile Delta next month

Posted: September 25, 2017 at 11:24 am   /   Oil & Gas

Dana Gas and BP hope to begin drilling exploration wells in their Nile Delta concessions next month, an unnamed EGAS source tell Al Shorouk. The source added that Dana Gas has yet to release new funds to begin operations in the Nile Delta, and is awaiting approval from the board to release the funds before […]

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