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Tag: Nooros

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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Nooros natural gas field production reaches 1.1 bcf/d, exceeds target

Posted: October 29, 2017 at 1:28 pm   /   Oil & Gas

The Nooros natural gas field daily production capacity reached 1.1 bcf/d, exceeding the targeted 350-400 mmcf/d, Oil Minister Tarek El Molla said in a TV interview yesterday, Al Shorouk reports. The cost of investment in the gas field, which Italy’s Eni signed the concession for at the 2015 Economic Development Conference, also rounded off to […]

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El Molla: $27.3 billion to be invested in gas fields next year

Posted: October 25, 2017 at 11:39 am   /   Oil & Gas

$15.5 billion worth of exploration agreements to be signed next year. Some 230 new wells will be drilled at a cost of USD 2 bn in 2018, while approximately USD 27.3 bn will be invested in the Zohr, North Alexandria, and Nooros fields, Oil Minister Tarek El Molla said yesterday, Al Shorouk reports. El Molla […]

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El Molla: 4 refining projects to be completed in 4 years with a cost of $8.3 billion

Posted: September 26, 2017 at 1:01 pm   /   Oil & Gas

Minister of Petroleum Tarek El Molla: Ministry targets implementing 8 projects to develop gas fields worth $17.5 billion. Minister of Petroleum and Mineral Resources Tarek El Molla told Daily News Egypt that the Ministry of Petroleum is seeking to implement 12 projects to develop gas fields at a cost of $17.5 billion, next to completing […]

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Giza, Fayoum gas fields to produce 500-700 mmcfd by end of 2018

Posted: September 24, 2017 at 6:57 pm   /   Oil & Gas

Egypt’s Minister of Petroleum Tarek El-Molla announced on Friday that natural gas production from Giza and Fayoum fields will reach 500-700 million cubic feet per day (mmcfd) by end of 2018. El-Molla’s statement came during the seventh regular meeting of the committee responsible for the progress of the second phase of the West Nile Delta […]

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President Sisi meets with Eni’s CEO to follow up on Zohr development work

Posted: August 28, 2017 at 2:49 pm   /   Oil & Gas

President Abdel Fattah El Sisi also sat down with Eni CEO Claudio Descalzi to follow up on work at the giant Zohr gas field, where production is on track to begin before year-end. The first phase of the Nooros field has also been completed, Descalzi told the president. President Abdel-Fatah el-Sisi stressed on the importance […]

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Natural Gas

Egypt’s natural gas output expected to rise 50% in 2018 and double by 2020

Posted: July 18, 2017 at 12:03 pm   /   Oil & Gas

Three recently discovered major gas fields are expected to raise Egypt’s natural gas output by 50% in 2018 and 100% in 2020, the petroleum ministry said. “The fields of Zohr, North Alexandria and Nooros are among the most important projects that will increase natural gas production … and will contribute to (Egypt’s) natural gas self-sufficiency […]

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Hesham Mekawi

Interview with Hesham Mekawi – Regional President, North Africa, BP, Egypt

Posted: May 24, 2017 at 11:11 pm   /   Oil & Gas

Hesham Mekawi, Regional President, North Africa for BP, discusses the company’s extraordinary investment in Egypt, with one in three upstream dollars globally spent on Egypt, making the Country currently the highest receiver of investment within the group. He also highlights the track record of successful partnership BP has had with Egypt and the total alignment […]

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Egypt's Nooros gas field production exceeds one bcf/d

Posted: May 17, 2017 at 6:07 pm   /   Oil & Gas

Production from Egypt’s Nooros field has exceeded one billion cubic feet (bcf) of gas per day, Egypt’s state news agency MENA reported on Tuesday. Italian oil major Eni, which began production at the Nile Delta offshore field in September 2015, had said last year it plans to raise production to more than 1 bcf per […]

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Petrobel

Petrobel completes drilling of Nidoco West-4 well, production reaches 1 bcf/d

Posted: May 17, 2017 at 5:55 pm   /   Oil & Gas

Minister of Petroleum Eng. Tarek El Molla received a report from Belayim Petroleum Company (Petrobel)’s CEO, Eng. Atef Hassan, regarding the work at Nidoco gas field. The report showed that the output of the Nile Delta field of Nooros will reach for the first time 1.066 billion cubic feet of gas per day after finalizing […]

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