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Tag: Zohr

Production from Zohr gas field to reach 1.8 bcf/d in September

Posted: April 3, 2018 at 3:51 pm   /   Oil & Gas

Egypt plans to boost production from its giant offshore Zohr gas field to 700 million cubic feet a day (cfd) in May and to 1.8 billion cfd in September, an official source in the petroleum sector said Sunday. He said that pre-operation tests have been initiated for the field’s first and second production lines and […]

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East Mediterranean natural gas discoveries redefine LNG playing field

Posted: April 3, 2018 at 2:16 pm   /   Oil & Gas

By Mike Corkhill The Eastern Mediterranean is fast becoming a gas hub, with numerous LNG projects, plentiful recent gas finds and likely further discoveries. Newly discovered offshore gas deposits in the exclusive economic zones (EEZs) of Egypt, Israel and Cyprus, coming on top of similar major finds in recent years, are poised to alter the […]

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Eni to drill three additional wells in Zohr phase one development

Posted: April 1, 2018 at 7:49 pm   /   Oil & Gas

Eni is planning to drill three additional wells as part of phase one development of Zohr, an EGAS source tells Al Shorouk. The addition, which would bring the total number of wells in the first phase to nine, comes as part of the company’s plan to raise output from the field to 700 mmcf/d by […]

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Petrobel begins tests on Zohr second production line

Posted: March 27, 2018 at 2:38 pm   /   Oil & Gas

Eni JV Belayim Petroleum Company (Petrobel) has begun carrying out tests ahead of operating the second production line connecting the Zohr offshore gas field, company President Atef Hassan said yesterday, Al Shorouk reports. Hassan did not announce when the company will begin operating the second line. (Source: Enterprise.press)

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Schneider Electric wins €7 million contract for Zohr control systems

Posted: March 26, 2018 at 9:03 pm   /   Oil & Gas

Schneider Electric won a €7 million contract to supply state-owned Belayim Petroleum (Petrobel) with control systems for the Zohr gas field,company sources tell Al Borsa. Schneider is expected to complete installation work by December this year and is “weeks away” from signing a €25 million contract with Petrobel that will see it supply electrical equipment […]

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Egypt: The Next Natural Gas Hotspot

Posted: March 26, 2018 at 2:54 pm   /   Oil & Gas

By Nick Cunningham of Oilprice.com. The Eastern Mediterranean is becoming a major source of natural gas production, and Egypt is at the center of this emerging gas hub. In February, Noble Energy and its partners reached an agreement with the Egyptian company Dolphinus Holdings to sell gas from offshore Israel to Egypt, a deal that […]

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EGAS, Eni planning to ramp up Zohr production ahead of schedule

Posted: March 25, 2018 at 7:30 pm   /   Oil & Gas

EGAS and Eni are planning to bring production at Zohr to maximum capacity ahead of schedule. The two companies are working hard to have the supergiant East-Mediterranean gas field pumping out its full capacity of 2.7 bcf/d ahead of its slated end-2019 deadline, sources close to the matter tell Al Shorouk, adding that output from […]

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EMGC '18: Eni sees rapid development of East Med natural gas with Zohr

Posted: March 23, 2018 at 5:15 pm   /   Oil & Gas

Opening Day 1 of Gulf Publishing Company’s fifth annual Eastern Mediterranean Gas Conference (EMGC) on March 21 was Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism for the Republic of Cyprus. The Minister welcomed attendees and shared perspectives on energy development in Cyprus and throughout the region. Lakkotrypis’ talk was followed by a keynote […]

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Sprint Finish: Egypt's Zohr Development

Posted: March 18, 2018 at 4:53 pm   /   Oil & Gas

Petroleum Economist: Full speed ahead for Egypt’s gas. Eni’s parallel-development method has enabled it to smash records at its mega-giant Zohr gas project. Petroleum Economist was given exclusive access to the onshore operations. The nearly complete control room at Eni’s Zohr onshore facility on the Mediterranean coast west of Port Said has all the appearances […]

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Eni sells 10% stake in Zohr to UAE's Mubadala for $934 million

Posted: March 12, 2018 at 10:57 am   /   Oil & Gas

Eni sells 10 percent of Egypt’s Shorouk concession to Mubadala Petroleum. Italian oil company Eni said on Sunday it would sell a 10 percent stake in the Shorouk concession in Egypt’s Zohr gas field to Mubadala Petroleum of the United Arab Emirates for $934 million. Eni currently holds through its subsidiary IEOC a 60 percent stake […]

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