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Tag: Shorouk Concession

Minister of Petroleum to meet with Rosneft Chief Executive Igor Sechin

Posted: December 12, 2016 at 4:43 pm   /   Oil & Gas

Rosneft Chief Executive Igor Sechin arrived yesterday in Cairo to meet today tith Minister of Petroleum and Mineral Resources Tarek El Molla, to discuss existing and potential opportunities in Egypt’s oil and gas exploration. The board of Russia’s Rosneft plans to discuss buying a stake of up to 35 percent in the Shorouk concession, offshore […]

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Russia's Rosneft considers buying 35% stake in Eni's Egyptian Zohr field

Posted: December 6, 2016 at 3:22 pm   /   Oil & Gas

Board to consider buying 35 percent stake in Eni’s project in Egypt. Russian oil firm Rosneft said it was interested in an offshore concession in Egypt. Rosneft said in a separate statement that its board plans to discuss buying a stake of up to 35 percent in Egypt’s offshore Shorouk concession, on Wednesday. It did […]

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Russia’s Rosneft Board to meet on potential acquisition of up to 35% of Shorouk offshore concession from Eni

Posted: December 6, 2016 at 3:08 pm   /   Oil & Gas

The board of Russia’s Rosneft will meet tomorrow (7 December) to discuss the potential acquisition of up to 35% of the Shorouk offshore concession from Eni, Al Masry Al Youm reported. Eni had sold a 10% interest of the concession, which contains Zohr natural gas field, to BP in November and plans to lower its […]

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BP builds position in one of Egypt's biggest gas fields

Posted: November 29, 2016 at 12:04 pm   /   Oil & Gas

BP buys into what one company said could be one of the largest gas fields in the world. British energy company BP said it was strengthening its position in the Egyptian oil and gas market by buying a minority stake in an offshore natural gas field. Subject to approval from the Egyptian government, BP said […]

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BP buys 10% stake in Eni’s super-giant Zohr gas field offshore Egypt

Posted: November 26, 2016 at 12:26 pm   /   Oil & Gas

BP has agreed to buy 10 percent of Eni’s Shorouk concession offshore Egypt, which includes the giant Zohr gas field, for $375 million, joining other oil majors in increasing bets on the growing gas market. The deal gives Eni much-needed cash as part of its 5 billion euro divestment plan to continue investing and paying […]

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Eni completes drilling of 6th Zohr deepwater well

Posted: October 19, 2016 at 11:21 am   /   Oil & Gas

Production tests confirmed reserves increase to more than 30tn cubic feet of gas, says source. The Italian company Eni completed drilling operations in the sixth well in Zohr gas field in the deepwater offshore of the Mediterranean Sea as production tests on its fifth well confirmed that reserves increased to 30tn cubic feet of gas. […]

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Dutch firm Frames awarded supply of filter coalesces and heat exchangers for Zohr Development Project

Posted: August 16, 2016 at 1:24 pm   /   Oil & Gas

Frames, a supplier of oil and gas systems and solutions is awarded by ENPPI and Belayim Petroleum Company (Petrobel) for the design and supply of eight sour gas filter coalescers and eight shell and tube heat exchangers. The filter coalescers and heat exchangers will be installed at the El-Gamil Plant in Egypt. The El-Gamil Plant […]

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Zohr's second well indicators revealed larger gas reserves – EGAS source

Posted: July 11, 2016 at 9:46 pm   /   Oil & Gas

The primary indicators of Zohr field’s second well, developed by Italian company Eni, show an increase in gas reserves owing to the discovery of a gas-carrying layer that is larger than that found in the first well. These results indicate an increase in production to 250m cubic feet per day compared to the initial test […]

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OneSubsea lands Zohr subsea production systems contract

Posted: June 21, 2016 at 4:16 pm   /   Oil & Gas

FasTrac program for strategic gas development in Mediterranean region. OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession, offshore Egypt. […]

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Eni's Chief Exploration Officer: New wells tested in the Noras field

Posted: May 10, 2016 at 7:11 pm   /   Oil & Gas

Data from west of Abo Madi revealed that there may be a presence of gas in the area. The Italian company Eni has carried out two exploration expeditions of natural gas in 2015. The explorations were conducted in the Noras field in the shallow waters of the Nile Delta, and the Zohr field in the […]

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