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Tag: North Sinai
ONS

EKH’s NSCO starts production from second offshore North Sinai gas well

Posted: September 2, 2019 at 1:10 pm   /   Oil & Gas

Egypt Kuwait Holding’s (EKH) NSCO Investments started production from its second North Sinai natural gas well on 29 August with an output of 20 mmcf/d, the company said in a press release. The new well brings the company’s total production to 75 mmcf/d, a 200% increase compared to the first six months of 2019. The […]

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ONS

EKH’s NSCO begins gas production from offshore North Sinai well

Posted: July 18, 2019 at 2:47 pm   /   Oil & Gas

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 […]

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Eni announces new gas discovery in Nour prospect offshore Egypt

Posted: March 14, 2019 at 10:31 pm   /   Oil & Gas

Eni announces a new gas discovery under evaluation in the Nour exploration prospect located in Eastern Egyptian Mediterranean. Feasibility studies in order to accelerate the exploitation of these new resources leveraging the synergies with existing facilities will start after finalizing the discovery evaluation. Eni announces a new gas discovery under evaluation in the Nour exploration […]

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ONS

Seismic reveals Offshore N Sinai has 2.3 bcf potential gas reserves – EKH

Posted: March 3, 2019 at 11:53 am   /   Oil & Gas

Egyptian Kuwaiti Holding Subsidiary Offshore North Sinai Reveals Potential Natural Gas Reserves of 2,352 bcf. Analysis conducted by WesterGeco of the concession’s 3D seismic survey identifies several geological layers containing potential gas and condensate reserves at various depths, including 821 bcf in shallow- layer reserves and 1,531 bcf in deep-layer estimates. Egypt Kuwait Holding Company, […]

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BP buys 25% stake in Eni’s Nour concession offshore Egypt

Posted: December 10, 2018 at 2:01 pm   /   Oil & Gas

BP buys 25% stake in Eni’s Nour concession: BP has acquired a 25% stake in the Nour concession from Eni, according to a statement from Eni. Industry watchers hope the offshore North Sinai concession could be a Zohr-scale discovery. The “transaction is part of a wider business alignment with BP internationally and further strengthens the […]

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Eni Mubadala

Eni sells 20% stake in Noor offshore concession to Mubadala Petroleum

Posted: November 13, 2018 at 4:43 pm   /   Oil & Gas

Eni sells to Mubadala Petroleum a 20% stake in the Nour North Sinai Offshore concession in Egypt. Eni further strengthens its ties with Mubadala Petroleum, building on the successful partnership in the Shorouk concession. The Chief Executive Officer of Petroleum & Petrochemicals, Mubadala Investment Company, and Chairman of Mubadala Petroleum, Musabbeh Al Kaabi, and the […]

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Eni, Tharwa to drill first exploratory well at offshore Noor field

Posted: September 20, 2018 at 1:36 pm   /   Oil & Gas

Italy’s Eni and Egypt’s Tharwa company will drill the first exploratory oil well in Northern Sinai’s offshore Noor field next week, an official at Egypt’s gas company EGAS said on Thursday. Egypt’s cabinet approved in March an agreement to explore the North Sinai region of the Mediterranean Sea. Under the deal, Eni and Tharwa will […]

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Claudio Descalzi Eni

Eni denies talk of major new gas discovery offshore Egypt

Posted: July 3, 2018 at 10:24 pm   /   Oil & Gas

Italian oil and gas group Eni has denied media reports that it has made a major new discovery in Egypt. “There are prospects and new (geological) structures in Egypt but we still haven’t discovered anything…,” Chief Executive Claudio Descalzi told reporters on Monday. He was commenting on the recent reports, including one in the Arab […]

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Eni

Is Eni about to announce another major gas discovery in Egypt?

Posted: June 27, 2018 at 1:43 pm   /   Oil & Gas

Former Minister’s comments hint at another big find. Eni announced Zohr find in 2015. A former Egyptian petroleum minister has caused a stir by suggesting that Italian energy giant Eni is about to announce another massive gas find – three times as big as its existing offshore field. Eni revealed almost three years ago that […]

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Tharwa Petroleum prepares to drill in North Sinai’s Noor offshore concession

Posted: May 25, 2018 at 2:23 pm   /   Oil & Gas

Tharwa Petroleum is waiting for final gas exploration approvals to begin drilling in the Noor concession in North Sinai, a company source says. The number of wells to be drilled will be determined once the contracts are signed, they added. The Cabinet had approved earlier this month a USD 105 million exploration agreement with Eni […]

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