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Tag: Zohr
Zohr

Eni: Zohr gas field reached 2 bcf/d production target

Posted: September 8, 2018 at 8:10 pm   /   Oil & Gas

Zohr Ramp-up: Eni reaches 2 bcfd production target. Zohr is now producing 2 bcfd only a few months after the first gas in December 2017 and 1 year before the schedule of the PoD. Eni announces that Zohr field is now producing 2 bcfd, equivalent to approximately 365,000 boed. This outstanding result has been achieved […]

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Egypt Flag

AOW: Egypt riding the natural gas wave to self sufficiency

Posted: September 8, 2018 at 8:04 pm   /   Oil & Gas

Late in June newspapers heralded the discovery of a significant gas field off the coast of North Sinai. Noor is said to be the largest in the region, three times that of the massive Zohr field, discovered in 2015. According to sources, the Noor field reserves are expected to reach over 90 trillion cubic feet, […]

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PM Eni

Egypt’s PM, Eni’s CEO discuss future of oil & gas discoveries

Posted: August 29, 2018 at 2:29 pm   /   Oil & Gas

PM Mostafa Madbouly and Eni CEO Claudio Descalzi discuss future of oil and gas discoveries in the country. Prime Minister Mostafa Madbouly held a meeting on Tuesday with Eni CEO Claudio Descalzi on the future of oil and gas discoveries in Egypt, state agency MENA reported. During the meeting, Madbouly expressed his appreciation for the […]

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Rosneft

Rosneft: Gas production still ramping up at Zohr offshore Egypt

Posted: August 23, 2018 at 4:47 pm   /   Oil & Gas

Rosneft has issued a progress report on the deepwater Zohr gas development in the Egyptian sector of the Mediterranean Sea, where production started at the end of last year. Currently six development wells have been commissioned, raising gas output to 31.5 MMcm/d. Four lines of the gas treatment facility (GTF) are in operation, the last […]

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Zohr Lab

Egypt starts trial operations of Zohr gas analysis laboratory

Posted: August 14, 2018 at 9:05 pm   /   Oil & Gas

The trial operation of Egypt’s largest and most modern natural gas lab has started with the aim of analyzing natural gas, water, condensates and sulfur produced by Zohr field, the Ministry of Petroleum and Mineral Resources said in a statement Saturday. During an inspection visit to the lab, Minister of Petroleum Tarek el Molla said […]

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Zohr Ramp Up

Egypt’s Zohr gas production to reach 2 bcf/d by September – Eni

Posted: July 29, 2018 at 12:17 pm   /   Oil & Gas

Eni raised $58 million as an advance on future gas supplies to Egyptian state-owned partners to finance Zohr. Italian oil company Eni said on Friday that the production capacity of Egypt’s giant Mediterranean Zohr gas field stood at 1.6 billion cubic feet and would reach 2 billion by September. Eni raised 50 million euros ($58 […]

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Saipem Zohr

Saipem, PMS secure Zohr gas field operational life contract

Posted: July 3, 2018 at 10:18 pm   /   Oil & Gas

Saipem, in consortium with Petroleum Marine Services (PMS), has secured a contract for life of field operations in the framework of Petrobel’s Zohr deepwater field development located in the Mediterranean Sea, off Egypt. Petrobel, jointly held by Eni and the Egyptian General Petroleum Corporation (EGPC), is in charge of Zohr development, on behalf of Petroshorouk, […]

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LNG

Bloomberg: Egypt may have issued its last LNG tender

Posted: June 25, 2018 at 11:41 am   /   Oil & Gas

Minister says imports probably not needed in fourth quarter. Talks started to compensate operators of LNG export terminals. Egypt may have just issued its last LNG tender, setting the stage to resume exports next year. Imports of liquefied natural gas may stop in the fourth quarter, allowing for exports to start early next year as […]

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Eni

Eni to make $3 billion new investment in Egypt’s Zohr, Nooros gas fields

Posted: June 22, 2018 at 2:03 pm   /   Oil & Gas

Egypt seeks to speed up production from recently discovered gas fields, with the aim of halting gas imports by 2019 and achieving self-sufficiency. Italian energy company Eni has so far invested $8.4 billion in Egypt’s offshore Nooros and Zohr gas fields and is planning to make a $3 billion new investment in the near future, […]

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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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