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Tag: North Thekah
Edison

Edison says it has not given up exploration rights in Egypt

Posted: December 20, 2018 at 1:28 pm   /   Oil & Gas

Italy’s Edison says it has not given up oil and gas exploration rights in Egypt: Edison, the Italian oil company that is part of France’s EDF, has denied reports in the domestic press (as noted yesterday) that it has forfeited its right to explore for natural gas in the northeastern Hapi and Theqa concessions. “Edison […]

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Edison

Edison relinquishes its gas exploration rights in two Mediterranean concessions

Posted: December 19, 2018 at 1:57 pm   /   Oil & Gas

Italy’s Edison has forfeited its natural gas exploration rights in North East concessions Hapi and Theqa, local news reported. A new international tender for the concessions will be launched next year, an Oil Ministry source said, without specifying a time frame. Edison signed a USD 86 mn agreement with EGAS in January 2017 for E&P […]

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Edison

Edison to drill at its Mediterranean concessions in 2H2019

Posted: July 29, 2018 at 12:39 pm   /   Oil & Gas

Edison to begin drilling exploratory wells in Mediterranean concessions in 2H2019 Italy’s Edison will begin drilling exploratory wells at its North East Hapy and Thekah concessions in 2H2019, Oil Minister Tarek El Molla said. The company’s studies of the concessions show geological structures that indicate there is a “good chance” the areas hold natural gas […]

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Edison delays deep-water drilling campaign in Egypt as it seeks partner

Posted: September 20, 2017 at 1:08 pm   /   Oil & Gas

Edison stalls on Egypt deep-water wells: Italian operator delays drilling of probes on two separate blocks where it has been hunting a partner. Italy’s Edison has put off a deep-water drilling campaign off Egypt by about a year. The company was planning to drill two wells on its wholly-owned North Thekah and North Port Fouad […]

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Edison's Executive VP: Egypt has 16th largest gas reserves

Posted: May 10, 2016 at 7:03 pm   /   Oil & Gas

Egypt has the potential to become a regional center in the Mediterranean due to its strategic location, infrastructure and qualified ports for the export and import of oil and gas”, says Nicola Monti, Executive Vice President – Exploration & Production, Edison. Egypt has the 16th largest gas reserves and is the 15th largest producer of […]

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Petroceltic completes sale of Egyptian exploration interests to Edison

Posted: February 18, 2016 at 2:38 pm   /   Oil & Gas

Petroceltic International  plc, the oil and gas exploration, development and production company with licences in North Africa, the Mediterranean and Black Sea regions, today announces the completion of the  sale of  certain exploration licences in Egypt to its joint venture partner Edison International S.p.A. On 23 December, the Company announced that it had reached an […]

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Petroceltic to sell stakes in North Thekah, North Port Fouad & South Idku to Edison

Posted: December 25, 2015 at 6:07 pm   /   Oil & Gas

The Board of Petroceltic International plc, the oil and gas exploration, development and production company focused on the North Africa and the Mediterranean region, provided an operating and financial update, and announces that it has initiated a formal strategic review of the Company’s business and assets with a view to considering all options to maximise […]

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Petroceltic set to drill close to Eni's Zohr discovery

Posted: September 22, 2015 at 2:40 pm   /   Oil & Gas

Irish exploration firm, Petroceltic is expected to begin drilling next year at one of its prospects located close to the recent giant Zohr gas discovery by Eni off the coast of Egypt. The find has also widened interest in Petroceltic, which holds two licences, one awarded in 2013 and the other late last year, around […]

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