Dana Gas receivables in Egypt reach $283 million in Q1 2017
Dana Gas said Thursday that total receivables in Egypt increased in the first quarter of fiscal year 2017 to $283 million, compared to $265 million in Q1-2016. The company has collected $13 million during Q1-2017, about 42% of total dues, according to a statement. “Dana Gas Egypt’s production was solid in Q1-2017. The onshore gas […]
Video: The West Nile Delta Story (BP)
Watch the story behind the West Nile Delta project in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all nine wells of the development’s first two fields and ramp up to stable operations […]
Egypt to cut down on LNG imports as production output surges
Rising domestic natural gas production prompted Egypt to start talks with its LNG suppliers to cut down on contracted cargo deliveries. The Egyptian Natural Gas Holding Company (EGAS) is looking to defer a number of cargoes scheduled for delivery through 2017, Reuters reports citing analysts. In addition to deferring 2017 cargoes, the company is looking […]
Infographic: West Nile Delta – Taurus / Libra, Egypt (BP)
The WND development consists of five gas fields across two BP-operated offshore concession blocks, North Alexandria and West Mediterranean Deepwater. Production from the five fields is expected to reach up to 1.3 billion cubic feet a day (bcf/d), equivalent to about 30 per cent of Egypt’s current gas production. All the produced gas will be […]
BP starts production from West Nile Delta eight months ahead of schedule, production 20% above plan
BP today announced that it has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March 2017 and the commissioning of all […]
First gas from West Nile Delta contributes to DEA’s growth
• Production from the West Nile Delta (WND) project commenced. • First gas ahead of schedule and production above plan. Production from the offshore WND gas fields commenced on 24 March 2017 from the first two fields, Taurus and Libra. Nine wells have now been commissioned and the fields are currently producing at a flow […]
AMOC to buy condensates from Dana Gas
Alexandria Mineral Oils Company (AMOC) has reached an agreement to buy condensates produced by Dana Gas, according to Al Shorouk. The agreement will be signed within a week, AMOC’s head said. AMOC aims to refine 1,500 boe a day of Dana Gas’ condensates in its refineries for two months, increasing the amount to 4,000 boe […]
El Molla: Nooros gas field to produce 1.2 bcf/d before end of August
Production from Eni’s Nooros gas field will reach 1.2 bcf/d before the end of August, up from a current 920-970 mmcf/d, Oil Minister Tarek El Molla tells Youm7. According to El Molla, the company is in the final phases of drilling to expand production from the field. (Source: Enterprise.press)
Infinity Solar granted 25-year energy production license
The Egyptian Electric Utility and Consumer Protection Agency’s (Egyptera) board of directors approved granting Infinity Solar a 25-year energy production license, Al Borsa reports. The board also approved granting five unnamed solar power companies temporary one-year licenses for energy production under the feed-in tariff program. The companies will be granted permanent licenses once they secure […]
Subsea 7: West Nile Delta flows first gas offshore Egypt
Gas production has started ahead of schedule at BP’s West Nile Delta Phase One project offshore Egypt, according to Subsea 7. The contractor, which provided SURF services for the project, continues to work on the West Nile Delta platform extension and tie-in and BP’s Atoll project in the same area. “Offshore Egypt, the West Nile […]