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Eni to implement renewable energy projects in Egypt

Posted: September 30, 2016 at 2:48 pm   /   Renewables

The implementation of renewable energy projects in the country will allow for a reduction in the use of natural gas in electricity generation. Eni and the Egyptian Authorities have agreed on a common strategy to implement a series of renewable energy projects in order to promote the development of a more sustainable energy mix in […]

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Ganope launches International Bid Round for oil and gas exploration in Western Desert and Gulf of Suez

Posted: August 1, 2016 at 1:57 pm   /   Oil & Gas

Egypt’s state-owned Ganoub El-Wadi Petroleum Holding Company (Ganope) issued a new international tender for oil and gas drilling and exploration in 10 sectors in the southern areas of the Western Desert and Gulf of Suez. Egyptian oil minister Tarek El-Molla stated Sunday that the bid includes five areas notably in West Gabal El Zeit, South […]

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Rockhopper Exploration acquires non-operated production and exploration assets in Egypt from Beach Energy

Posted: April 18, 2016 at 8:20 pm   /   Oil & Gas

Rockhopper Exploration plc, the oil and gas exploration and production company with interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to announce amended terms for the acquisition of a portfolio of non-operated production and exploration interests in Egypt from Beach Energy Limited. The Company originally announced that it had agreed […]

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SacOil completes Phase 2 of Lagia Oil Field Development Programme

Posted: March 2, 2016 at 8:22 pm   /   Oil & Gas

SacOil Holdings Limited, on behalf of its subsidiary, Mena International Petroleum Company Limited (“Mena”), is pleased to announce the successful completion of Phase 2 of the development programme and the achievement of the production target of 1,000 bbl/d at its 100% owned Lagia oil field in Sinai, onshore Egypt. As reported previously, Phase 2 of […]

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SacOil releases positive results of drilling program at Lagia oil field

Posted: December 15, 2015 at 8:10 pm   /   Oil & Gas

SacOil Holdings Limited, on behalf of its subsidiary, Mena International Petroleum Company Limited (“Mena”), is pleased to announce an update on the drilling of the Lagia 11, Lagia 15 and Lagia 16 wells, which forms part of the Phase 2 field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt. As […]

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SacOil commences drilling operations at Lagia oil field

Posted: November 16, 2015 at 6:42 pm   /   Oil & Gas

COMMENCEMENT OF DRILLING OPERATIONS AND PROGRESS OF STEAM INJECTION – LAGIA OIL FIELD SacOil, through its subsidiary Mena International Petroleum Company Limited (“Mena”), is pleased to announce it commenced the drilling of the Lagia 11 well on 13 November 2015, at its 100% owned Lagia oil field in Sinai, onshore Egypt.  This forms part of […]

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SacOil commences second phase of development at Lagia oil field

Posted: September 18, 2015 at 7:08 pm   /   Oil & Gas

Installation of steam facilities and the drilling of up to five additional wells – Lagia Oil Field SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited (“Mena”), is pleased to announce the commencement of phase 2 of the field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt. This […]

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Egypt signs exploration deal with Italy's Eni worth $2 billion

Posted: June 2, 2015 at 2:14 pm   /   Oil & Gas

Egypt’s Petroleum Ministry said on Monday it had signed an energy exploration deal with Italy’s Eni worth $2 billion following an MOU signed in March during the Egyptian Economic Development Conference (EEDC). The deal paves the way for the modification of some previous deals between the ministry and Eni that include gas price adjustments, the […]

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