TransGlobe Energy announces its Egypt operations update
TransGlobe Energy has announced an update on its operations in Egypt and Canada. All dollar values are expressed in US dollars unless otherwise stated. OVERVIEW Production averaged 12.1 MBoepd in Q2, 2022 to 11 June; Drilled and cased four Egypt Eastern Desert development wells in Q2, 2022 to date; and The Company sold a ~451 Mbbl […]
SDX Energy completes drilling of MSD-24 well at West Gharib Concession, Egypt
AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-24 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX WI: 50%). MSD-24 encountered the primary top Asl Formation reservoir at 4,089ft MD (3,276ft TVDSS) and reached a TD of 4,625 feet MD on 5 June 2022. The well […]
Energean FPSO crossing marks ‘first-of-its-kind’ in Suez Canal history
Crossing of Energean Power FPSO marks ‘first-of-its-kind in history of Suez Canal’ Offshore Energy reported in early May that the Energean Power FPSO had left Sembcorp Marine’s Admiralty Yard in Singapore, heading to Israel. With this milestone achieved, Energean remained on track to deliver the first gas from the Karish project in 3Q 2022. In a social media update on […]
Total Eren, Enara Capital to build green ammonia facility in Egypt’s SCZone
Egypt inked a memorandum of understanding with an alliance that includes Total Eren and Africa-focused SME investor Enara Capital to build a green ammonia plant in the Suez Canal Economic Zone (SCZone), according to a cabinet statement. The facility will initially produce 300k tons of ammonia each year and this will increase to 1.5 mn at […]
EDF Renewables, ZeroWaste sign agreement for $3bn green ammonia production in Egypt
Egypt’s Suez Canal Economic Zone (SCZONE) has signed a memorandum of understanding (MoU) with a consortium of EDF Renewables and ZeroWaste for the production of 350,000 tonnes of green fuel annually in the Ain Sokhna region to supply ships. The project involves USD 3 billion (EUR 2.77bn) of investments and will be implemented in several […]
Egypt to maximise gas production, LNG exports to Europe following Eni deal
Italian oil and gas company Eni and Egypt’s EGAS have agreed for the latter to increase the production and supply of gas to Europe. The Chairman of EGAS, Magdy Galal, and the COO Natural Resources of Eni, Guido Brusco, in Cairo on Wednesday signed a framework agreement that will allow maximising gas production and LNG exports. The […]
Maersk inks new deals in Egypt to speed up green fuel production
Danish shipping giant Maersk and Egyptian authorities have signed a partnership agreement to jointly explore the establishment of large-scale green fuel production in the country in the pursuit of net-zero shipping. Following the recent fuel sourcing deals, Maersk signed a Memorandum of Understanding (MoU) with the authorities’ representative in the presence of the Egyptian Prime Minister […]
EDF Renewables among six consortiums eyeing $1 bn SCZone green ammonia plant
France’s EDF Renewables and Egypt’s ZeroWaste are together one of six international consortiums currently in talks with the Suez Canal Economic Zone (SCZone) to establish a USD 1 bn green ammonia plant that would produce green fuel for ships, SCZone head Yehia Zaki told Enterprise, confirming a report from Al Borsa. Zaki declined to name the other companies […]
Will Italian oil giant Eni help boost Egyptian LNG exports to Europe?
Eni to work with Egypt + others to find alternative gas for Europe: Eni pledged to bring more than 14 trn cubic feet of additional gas to the global market and mitigate Europe’s energy crisis by “leveraging established alliances with producing countries,” including Egypt, the Italian energy giant announced in a press release outlining its 2022-2025 strategy. This […]
SDX Energy commences oil production at MSD-25 well, West Gharib concession
AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of oil production at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25, which encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached 4,385ft TD on 22 February 2022, after drilling through […]
