Pharos Energy announces trading and operations update for July 2021
Pharos Energy has issued a trading and operations update in advance of the Company’s half-year results on 15 September 2021. The information contained herein has not been audited and may be subject to further review and amendment. Ed Story, President and Chief Executive Officer, commented: ‘I am pleased to be able to report a period […]
Eni signs agreement with EEHC, EGAS to produce hydrogen in Egypt
Eni announces that it has signed an agreement with the Egyptian Electricity Holding Company (EEHC) and the Egyptian Natural Gas Holding Company (EGAS) to assess the technical and commercial feasibility of projects for the production of hydrogen in the country. The parties will conduct a study into joint projects to produce green hydrogen, using electricity […]
Pharos Energy drills production well in Egypt’s Western Desert
Pharos Energy PLC drilled a production well in the El Fayum concession in Egypt’s Western Desert. The Batran-1X commitment exploration well was drilled on a fault-bounded and three-way-closed dip prospect 4 km west of the Main Tersa-1X well. The well reached total depth on June 4 and encountered 52 ft (15.85m) of net oil pay […]
United O&G announces approval of award of Abu Sennan development lease over ASD-1X discovery
AIM-listed United Oil & Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has provided an update on the Abu Sennan Licence, onshore Egypt. United holds a 22% non-operating interest in Abu Sennan, which is operated by Kuwait Energy Egypt. Highlights Approval from the Minister of Petroleum of […]
Wintershall Dea announces gas production from WND’s Raven field offshore Egypt
Major milestone achieved with start-up of third phase of West Nile Delta project The fifth field in the offshore project, Raven will significantly boost production of WND Wintershall Dea and operator bp produce gas from Raven, the fifth field of the offshore West Nile Delta project. Currently, Raven’s gross production is approximately 600 million standard […]
Damietta LNG plant restarts production, first cargo lifted – Eni
The first LNG cargo from the Damietta liquefaction plant in Egypt was successfully produced and lifted. This is the first LNG cargo produced by the terminal after it was shut down in 2012. Such event represents an important milestone in the process to complete the agreement reached on December 1st 2020 aimed at settling all […]
Eni scales back Egypt daily oil & gas production after demand shock
Eni’s daily production of oil and gas from its Egypt-based assets fell 18% in 2020, as global energy markets reckoned with one of the biggest demand shocks in history thanks to the pandemic. Figures in the company’s full-year earnings statement show that oil and gas production slumped to 291k barrels of oil equivalent per day […]
Energean, EGPC JV partners award NEA/NI iEPCI contract to TechnipFMC
Energean plc, the gas producer focused on the Mediterranean, announced that AbuQir Petroleum, a Joint Venture between Energean and EGPC, has signed an integrated EPCI iEPCI contract to global offshore services provider TechnipFMC for a subsea tie-back located offshore Egypt. The contract covers the Engineering, Procurement, Construction, and Installation of four subsea wells as well […]
Kuwait Energy Egypt completes Abu Sennan ASH-3 development well
Kuwait Energy Egypt finished drilling the ASH-3 development well in ASH field in the Abu Sennan concession, onshore Egypt, said partner United Oil & Gas PLC in a Feb. 15 release. ASH-3 spudded on Jan. 4 and reached 4,087 m MD TD (3,918m TVDSS) on Feb. 8, 5 days ahead of schedule and under budget. […]
Egypt to reopen LNG plant in push to be major European supplier – Bloomberg
LNG capacity will be 12.5 million tons a year, says minister. Nation looking to become a major supplier of LNG to Europe. Egypt is set to boost exports of liquefied natural gas by restarting one of its two production plants. The Damietta facility, which has been idled for eight years, will reopen by the end […]
