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Tag: Zohr
Zohr

Production from Zohr natural gas field expected to reach 3 bcf/d this year

Posted: January 3, 2019 at 2:18 pm   /   Oil & Gas

Output from the Zohr natural gas field is expected to reach 3 bcf/d this year, Oil Ministry spokesman Hamdy Abdel Aziz told Al Hayah Al Youm’s Lobna Assal. The development of Zohr and several other fields, including the Nooros and Atoll, helped Egypt achieve natural gas self-sufficiency and halt LNG imports last year, Abdel Aziz […]

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Saipem

Saipem lands $1.2 billion Zohr EPCI contract from Petrobel

Posted: December 20, 2018 at 6:18 pm   /   Oil & Gas

Saipem and Petrobel have negotiated an offshore contract addendum worth more than $1.2 billion for EPCI activities in relation to the “Ramp Up to Plateau” phase of the ‘supergiant’ Zohr field development project in the Mediterranean Sea off Egypt. The current addendum to the work includes the installation of a second 30-inch diameter gas export […]

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Saipem 10000

Eni to drill tenth well in Egypt’s Zohr natural gas field next January

Posted: December 3, 2018 at 12:34 pm   /   Oil & Gas

Italy’s Eni will begin drilling its tenth well in the Zohr gas field in January 2019 at a cost of USD 300 million. The addition of the tenth well is expected to boost output production by 200 mmcf/d, and is predicted to take two months to complete. Production from the tenth well remains dependent on […]

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Eni

Eni completes drilling ninth well at Zohr gas field

Posted: November 21, 2018 at 2:14 pm   /   Oil & Gas

Italy’s Eni has completed drilling work on Zohr’s ninth deepwater well at a cost of USD 300 million, according to an industry source. Early tests put initial production levels at 150 mcf/d. The well was closed after the company finished drilling due lack of capacity at the treatment plant, but will enter production by the […]

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Zohr Plant

Eni estimates investment in Zohr gas processing plant at $5 billion

Posted: November 3, 2018 at 1:47 pm   /   Oil & Gas

Italian Eni has estimated the cost of implementing the Zohr gas treatment plant to be $5bn, with a capacity of 3.2bn cubic feet of gas daily, in order to connect the production of the project that is estimated to be 2.9bn cubic feet. A source at the oil sector told Daily News Egypt that implementing […]

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Zohr

Eni sets new Zohr production target of 3.2 bcf/d by end of 2019

Posted: October 28, 2018 at 3:06 pm   /   Oil & Gas

In a conference call with analysts, Eni’s finance chief Massimo Mondazzi said that the company is ramping up production at its Zohr field offshore Egypt, where it is now targeting 3.2 billion cubic feet (bcf) of gas per day by the end of 2019 from a previous 2.7 bcf. The company has one of the strongest […]

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BP

BP looking to grow in Egypt, will not increase stake in Zohr field

Posted: October 28, 2018 at 2:51 pm   /   Oil & Gas

BP CEO Bob Dudley told Reuters on Thursday that BP was looking to grow in Egypt where it is developing the West Nile Delta project. BP had pledged USD 2 billion in new investments in 2019. That said, BP will not raise its stake in Zohr for “capital employment reasons,” Dudley said. The option for […]

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Zohr Ramp Up

Eni starts drilling two new wells at Zohr natural gas field

Posted: October 23, 2018 at 12:47 pm   /   Oil & Gas

Italy’s Eni started drilling two additional wells at the offshore Zohr natural gas field as it prepares to raise output to its 2.7 bcf/d plateau next year, an unnamed source from EGAS tells Al Shorouk. The addition brings the total number of wells in the project to 13. Sources said that work on them should […]

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Egypt

MEED: Egypt’s supergiant Zohr gas field heralds changes

Posted: October 9, 2018 at 3:02 pm   /   Oil & Gas

Egypt country profile: While the Zohr field has lead a revival in the North African country’s gas output, old problems persist. Since the discovery of the supergiant Zohr gas field, Cairo has been hopeful it can replicate the success with other giant offshore gas projects that have the potential to change the country’s energy landscape. […]

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Zohr

Zohr gas production expected to reach 2.7 bcf/d target by July 2019

Posted: September 26, 2018 at 6:42 pm   /   Oil & Gas

The Oil Ministry and Italy’s Eni agreed to expedite their timeline for the development of the Zohr gas field, aiming to bring the field’s production to 2.7 bcf/d by July 2019, rather than end-2019, a source from the Egyptian Natural Gas Holding Company told the local press. Production had broken the 2 bcf/d mark in […]

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