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Tag: Salamat
Hesham Mekawi

Interview with Hesham Mekawi – Regional President, North Africa, BP, Egypt

Posted: May 24, 2017 at 11:11 pm   /   Oil & Gas

Hesham Mekawi, Regional President, North Africa for BP, discusses the company’s extraordinary investment in Egypt, with one in three upstream dollars globally spent on Egypt, making the Country currently the highest receiver of investment within the group. He also highlights the track record of successful partnership BP has had with Egypt and the total alignment […]

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East Mediterranean gas will improve energy security in Western Europe

Posted: April 20, 2017 at 9:24 pm   /   Oil & Gas

Quite suddenly, there is remarkable oil industry news to come out of the East Mediterranean region. If the plan is executed, in the space of seven years the balance of energy security in Western Europe will be radically changed. In geopolitical terms, this will be immense; when the planned Israel-Cyprus-Greece-Italy gas pipeline is built, European […]

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BP expects gas production in Egypt to begin in 2 years

Posted: January 28, 2017 at 12:43 pm   /   Oil & Gas

Investments in Egypt make up 20% of BP’s total investments worldwide. British Petroleum (BP) is expected to start gas production in Egypt sometime in 2017 and 2018, which will boost production and provide the domestic market with its needs, said the company’s CEO on Wednesday. In a meeting with Egyptian petroleum minister Tarek El-Molla, BP’s […]

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lng

Interfax: All quiet on Egypt’s LNG export front until after 2020

Posted: July 17, 2016 at 8:17 pm   /   Oil & Gas

Industry sources from inside and outside Egypt are confident the country can resume exporting LNG by the end of the decade. However, they have warned that the number of cargoes shipped from Idku will not rise out of single digits per year before then. A source from Egypt’s Ministry of Energy, who wished to remain […]

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BP to invest $229 million with Eni and Total in three offshore blocks

Posted: October 22, 2015 at 3:50 pm   /   Oil & Gas

BP Plc said it had been awarded three new offshore exploration blocks in Egypt and that it and its partners had committed to investment of $229 million. BP said it would have 100 percent equity and operate the North El Tabya block, located in deep waters north of its recent Salamat and Atoll discoveries. The […]

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BP makes second significant gas discovery in Egypt’s East Mediterranean Sea

Posted: March 13, 2015 at 8:04 pm   /   Oil & Gas

BP Egypt announced another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta. The “Atoll-1” deepwater exploration well, currently being drilled using the 6th generation semi-submersible rig “Maersk Discoverer,” has reached 6,400 meters depth and penetrated approximately 50 meters of gas pay in high quality Oligocene sandstones. Expected to be […]

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