Gas in the Eastern Mediterranean: "pragmatism" is the watchword (ABO.net)
By Nicoló Sartori. While it is clear to many that gas in the Eastern Mediterranean is an opportunity for the entire region, it is equally clear that concrete initiatives on the industrial plan must be launched in adequate times and manner. In recent years, the development of gas reserves in the Eastern Mediterranean has fueled […]
El Molla at ADIPEC 2016: Egypt will focus on deepwater gas finds
Egypt plans to focus on more costly deepwater gas exploration, offering new terms to incentivise companies as it seeks to move from an importer of the fuel to an exporter after five years. “Deepwater gas exploration is the future,” said Tarek El Molla, Egypt’s oil minister. The country is turning its attention to this area, […]
Eni begins drilling seventh and last Zohr well in accelerated phase
Eni has begun drilling the seventh and final well in the Zohr field accelerated development project. Eni plans to have the field producing around 1 bcf/d by the end of 2017 and to increase to 2.7 bcf/d by the end of 2019 when the development phase is completed, Ahram Gate reported. (Source: Enterprise.press)
Dresser-Rand to supply turbine-generator sets for Zohr gas field
• Three SGT-400 gas turbine-generator sets destined for largest natural gas field in the Mediterranean Sea. • Approximately 20 percent more efficient than competing offers. The Dresser-Rand business received an order from Egypt-based Belayim Petroleum Company (Petrobel) for three model SGT-400 industrial gas turbines, including associated electrical generators. The total order value is in the […]
Egypt chases own energy sources as government struggle to meet demand
Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in consumption, Oil Minister Tarek El Molla said. Once an energy exporter, Egypt has turned into a […]
“Zohr discovery” (from Eniday.com)
The exciting discovery and development of the Zohr gas field in Egyptian offshore… Download the Eniday podcast “Zohr Discovery” in partnership with Cast4 by main digital audiostore: ITUNES SOUNDCLOUD YOUTUBE (Source: Eniday.com)
The East Mediterranean gas revolution (ABO.net)
By Nicoló Sartori. The recent discoveries give the region an unprecedented opportunity to foster cooperation on energy and its exports, as well as to reach for diplomatic ways to handle the region’s conflicts. The gas discoveries in the East Mediterranean have generated an outburst of enthusiasm, fostering an image of the region as a global […]
How Eni bet big and won big on Natural Gas off Egypt
A drilling ship working about 120 miles off the Egyptian coast for Eni, the Italian oil company based here, bored into a giant trove of natural gas in July 2015 that turned out to be the largest discovery ever in the Mediterranean Sea and by far the largest by the global petroleum industry that year. […]
Eni completes drilling of 6th Zohr deepwater well
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. […]
Low prices trump Greece-Egypt-Cyprus political energy deal hopes
Greek Prime Minister Alexis Tsipras plans to visit Cairo on October 11 to take part in trilateral talks with Cyprus President Nicos Anastasiades and Egypt’s President Abdel Fattah Al Sisi. “I see these trilateral meetings very useful politically. In the longer term I hope these will lead to wider cooperation in the East Med,” Cyprus […]