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Tag: Petrobel

BP, Eni announce significant new gas discovery in Egypt’s East Nile Delta

Posted: June 9, 2016 at 5:39 pm   /   Oil & Gas

BP Egypt announced today another important gas discovery in the Baltim South Development Lease in the East Nile Delta, in the Eastern Mediterranean offshore. The Baltim SW-1 exploration well, drilled in water depth of 25 metres by operator IEOC (Eni), reached a total depth of 3750 metres depth and penetrated approximately 62 metres of net […]

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Aker Solutions wins order for Zohr offshore gas field umbilicals

Posted: June 6, 2016 at 2:02 pm   /   Oil & Gas

Aker Solutions won a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea. The agreement with Petrobel in Egypt is worth more than NOK 1 billion and will be booked in the second quarter. It stipulates the delivery of 180 kilometers of steel […]

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Eni completes drilling third well in Zohr field

Posted: April 17, 2016 at 11:32 am   /   Oil & Gas

Company to complete establishing natural gas processing plant with 1bn cubic feet per day by December 2017. Italian company Eni completed the drilling of the third gas well at its giant offshore Zohr gas field in Egypt. The initial estimations of the third deepwater well are larger than the first and the second, with estimated […]

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Petrobel extends duty for KS Medstar-1 Jackup Rig in a new $6 million contract

Posted: March 4, 2016 at 7:37 pm   /   Oil & Gas

KS Energy Group’s Jack-Up Rig “KS Medstar-1” continues to drill in Egypt under a new contract valued at US$6 million. KS Energy Limited announced that a subsidiary of KS Drilling Pte Ltd has secured a new contract with Belayim Petroleum Company (Petrobel) for the KS Medstar 1 (300′ ILC), a 300-feet cantilever jack-up drilling rig […]

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El-Molla announces completion of administrative procedures for Zohr development

Posted: February 21, 2016 at 8:56 pm   /   Oil & Gas

The Minister of Petroleum and Mineral Resources, Eng. Tarek El-Molla, announced that the administrative procedures have been completed for the development of Zohr, the super-giant gas field in the Shorouk concession in Egypt’s Mediterranean Sea economic waters, pointing out that the field’s development lease to Eni’s wholly-owned company Ieoc has been ratified. Eng. El-Molla explained […]

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Eni and EGPC establish JV for Zohr ‘super giant’ gas field

Posted: February 6, 2016 at 3:05 pm   /   Oil & Gas

Eni and Egyptian General Petroleum Corporation (EGPC) have announced to enter into a joint venture to create Petro Shorouk. Petro Shorouk will be a subsidiary of Petrobel and will be tasked to complete the first stage of development of the Zohr gas field by the end of 2017, according to Daily News Egypt reports. The […]

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Production in Zohr fields to begin before end of 2017

Posted: January 6, 2016 at 7:15 pm   /   Oil & Gas

EGPC Chairman: Procedures of establishing Petro Shorouk will begin to manage and develop Zohr field. Petrobel is nearing the official formation of Petro Shorouk, the company’s subsidiary that will be tasked with completing the first developmental phase of the Zohr natural gas field before the end of 2017. The Italian Eni discovered Zohr field in […]

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The Saipem 10000 drillship arrives at Zohr-2 well location

Posted: December 31, 2015 at 3:02 pm   /   Oil & Gas

The giant drilling vessel Saipem 10000 arrived at the site of Zohr-2 well to start drilling operations, announced Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources. Eng. El-Molla made his announcement as he chaired Petrobel’s General Assembly Meeting. The Saipem 10000 is a 5th generation ultra deepwater drillship, designed and built by Samsung Heavy […]

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Eni starts new production from "near field" discoveries in the Nile Delta and the Western Desert

Posted: October 30, 2015 at 3:04 pm   /   Oil & Gas

Eni announces the success of the Nidoco North West 3 well drilling in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta, which is estimated to contain about 15 billion standard cubic meters of gas. Eni announces the success of the “Nidoco North West 3” well drilling, appraisal of […]

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