
Eni prepare to drill new Mediterranean exploration well at North East Hap’y concession
Eni is preparing to start drilling an exploration well at its Mediterranean North East Hap’y concession in September, Al Mal reports, citing anonymous industry sources. One of the company’s operating companies in Egypt, the Belayim Petroleum Company (Petrobel),will handle the drilling of the Orion X1 well, which is expected to cost USD 130 mn, the newspaper’s sources say. Eni […]

Saipem completes all Zohr planning and development phases
Saipem oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea pipelines transporting gas to ground handling facilities in Port Said. The Saipem project team oversaw the development of all phases of the Zohr project, from basic design to the installation of all necessary subsea […]

Saipem awarded contracts offshore Egypt, Guyana worth $1.2 billion
Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters. The contract […]

Petrobel hires LOC to provide marine warranty services for its assets
Marine engineering consultancy LOC, part of AqualisBraemar LOC Group, has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets. Under the terms of the contract, LOC will act as marine warranty surveyor on Petrobel’s upcoming marine projects over the next two years, including supporting Petrobel’s marine activities on the […]

Shelf Drilling secures jack-up rig contract extension from Petrobel
Offshore drilling contractor Shelf Drilling has secured a contract extension for one of its jack-up drilling rigs for operations in Egypt. Shelf Drilling said on Thursday that the two-year contract extension for the Trident 16 jack-up rig is in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf […]

Shelf Drilling receives early termination of jack-up contract offshore Egypt
Shelf Drilling hit by another early termination of jack-up contract: Shelf Drilling has received an early termination of a drilling contract for a jack-up rig operating offshore Egypt. Shelf Drilling said on Friday it has received a notification from a customer on early termination of the Trident 16 contract. As a result, the contract end […]

Shelf Drilling secures jack-up rig contract extension offshore Egypt
Shelf Drilling has secured a one-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (‘Petrobel’) for operations in the Gulf of Suez offshore Egypt. The Trident 16 has been working with Petrobel in Belayim fields since 2015, and following this extension, the expected availability […]

Eni announces a new oil discovery in the Gulf of Suez offshore Egypt
New resources discovered in the Gulf of Suez offshore Egypt: New resources discovered in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where an appraisal well of the discovery of Sidri South, announced last July, was drilled. A rapid development plan for the new discovery with a “fast-track” approach, leveraging on existing […]

Eni starts production from Western Desert, announces new discoveries onshore Egypt
Eni starts output onshore Egypt: Italian player kicks off production from the Western Desert. Italian player Eni has started production from its fields in the Western Desert, onshore Egypt. The company said on Tuesday that production from South West Meleiha development lease kicked off with some 5000 barrels of oil. Eni announces new production from […]

Petrobel announces new oil discovery in Abu Rudeis Concession, South Sinai
Egypt’s Petroleum Ministry announced on Thursday a new oil discovery in Abu Rudeis-Sidri area in South Sinai by Belayim Petroleum Company (PETROBEL). In a statement on Thursday, the ministry said Petroleum Minister Tarek El-Molla received a report from PETROBEL Chairman Atef Hassan that his company discovered a layer of crude oil, with vertical thickness of […]