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Tag: Shorouk Concession
Eni Mubadala

Eni sells 20% stake in Noor offshore concession to Mubadala Petroleum

Posted: November 13, 2018 at 4:43 pm   /   Oil & Gas

Eni sells to Mubadala Petroleum a 20% stake in the Nour North Sinai Offshore concession in Egypt. Eni further strengthens its ties with Mubadala Petroleum, building on the successful partnership in the Shorouk concession. The Chief Executive Officer of Petroleum & Petrochemicals, Mubadala Investment Company, and Chairman of Mubadala Petroleum, Musabbeh Al Kaabi, and the […]

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Mubadala Pet

Eni completes sale of 10% stake in Shorouk concession to Mubadala Petroleum

Posted: June 20, 2018 at 10:52 pm   /   Oil & Gas

Eni has finalized a 10% stake sale in the Shorouk concession to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company. The Shorouk concession is offshore Egypt, where the supergiant Zohr gas field is located. Eni, through its subsidiary IEOC, now holds a 50% stake of the Contractor’s Share, while Rosneft holds 30%, BP 10% […]

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Eni boosts Zohr gas output with third production unit start-up

Posted: May 10, 2018 at 12:29 pm   /   Oil & Gas

Zohr Ramp-up: Eni starts up the third production unit. Zohr will produce 1.2 bcfd of gas only a few months after the field’s start-up in December 2017. After a record start-up in less than two and a half years from discovery, production is continuing to ramp up, reaching plateau in 2019. Eni announces the start-up of […]

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Eni ramps up Zohr gas output with start-up of second production unit

Posted: April 26, 2018 at 9:02 pm   /   Oil & Gas

Zohr Ramp-Up: Eni start-up the second production unit. The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s wish to cease LNG imports in 2018. After a record start-up in less than two and a half years from discovery, production […]

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Zohr: Egypt’s megaproject holds a lot of promise

Posted: April 14, 2018 at 6:12 pm   /   Oil & Gas

Offshore Technology Focus: Zohr gas field – Egypt’s megaproject holds a lot of promise. Eni’s Zohr natural gas field began production at the end of 2017, taking advantage of a huge reserve in the Mediterranean Sea. Molly Lempriere asks, could this supergiant turn things around for Egypt’s struggling gas sector and bring the country closer […]

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Eni sells 10% stake in Zohr to UAE's Mubadala for $934 million

Posted: March 12, 2018 at 10:57 am   /   Oil & Gas

Eni sells 10 percent of Egypt’s Shorouk concession to Mubadala Petroleum. Italian oil company Eni said on Sunday it would sell a 10 percent stake in the Shorouk concession in Egypt’s Zohr gas field to Mubadala Petroleum of the United Arab Emirates for $934 million. Eni currently holds through its subsidiary IEOC a 60 percent stake […]

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Egypt's President Sisi inaugurates giant Zohr gas field

Posted: February 1, 2018 at 3:57 pm   /   Oil & Gas

Egypt’s President Abdel-Fattah El-Sisi inaugurated on Wednesday the first stage of production at the super-giant Zohr gas field, which the country predicts will help achieve its goal of self-sufficiency in the supply of liquefied natural gas (LNG). El-Sisi praised the collaborative effort between several Egyptian companies, including Belayim Petroleum Company (Petrobel), a joint venture between […]

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New seismic surveys in Shorouk concession to uncover further reserves

Posted: January 28, 2018 at 1:12 pm   /   Oil & Gas

New seismic surveys are underway in the Shorouk concession in the Mediterranean Sea, Oil Minister Tarek El Molla said last week, Al Shorouk reports. The surveys are meant to uncover further reserves in the Zohr gasfield, which is in the concession. GANOPE has also completed seismic mapping for 4,200 km in the Red Sea in […]

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Video: The Story of Zohr – Eni

Posted: December 20, 2017 at 5:21 pm   /   Oil & Gas

Like all great exploration discoveries also the Zohr discovery is full of surprises, the unexpected, intuitions, mistakes, skill in which the human element is as crucial as the technology. We’ve started production in less than two and a half years from the discovery: Zohr is a clear example of the way we explore and fast-track […]

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Egypt’s super-giant Zohr gas field begins production, completing BP’s 2017 major project start-ups

Posted: December 20, 2017 at 4:45 pm   /   Oil & Gas

BP today confirmed that production has started from the super-giant Zohr gas field, offshore Egypt. The field is operated by Eni, through its joint venture with The Egyptian General Petroleum Corporation (EGPC), and is the largest natural gas discovery yet to be made in the Mediterranean Sea. Delivery of first gas from Zohr completes BP’s […]

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