Chevron Corp. and other companies helping to develop Israel’s natural gas fields will invest around $235 million in pipelines to export the fuel to Egypt. [Read more…] about Agreement with Israel Natural Gas Lines (INGL) another step towards increasing the export to Egypt
Total leads consortium to explore North Ras Kanayis Offshore block
An international consortium led by Total, as operator, and the Egyptian Natural Gas Holding Company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, off the coast of Egypt. [Read more…] about Total leads consortium to explore North Ras Kanayis Offshore block
Mohamed Mounes Shahat to join Neptune Energy as MD for Egypt
Neptune Energy announced that Mohamed Mounes Shahat will join the company in December to take on the role of Egypt Managing Director, based in Cairo. [Read more…] about Mohamed Mounes Shahat to join Neptune Energy as MD for Egypt
BP starts gas production from Qattameya field
Yesterday BP announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. [Read more…] about BP starts gas production from Qattameya field
EBRD plans to finance a 500 MW wind power project in Egypt
The European Bank for Reconstruction and Development plans to lend US$50m to fund the construction of a 500 MW wind power project in the Gulf of Suez, approximately 40 km of Ras Ghareb in Egypt. [Read more…] about EBRD plans to finance a 500 MW wind power project in Egypt
Oil majors discover significant gas field in Egyptian waters
European majors Eni, BP, and Total have successfully tested a new natural gas discovery in Egypt’s shallow waters. [Read more…] about Oil majors discover significant gas field in Egyptian waters
Neptune Energy completes seismic survey offshore Egypt
Neptune Energy today announced the successful completion of an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis. [Read more…] about Neptune Energy completes seismic survey offshore Egypt
One-well contract for Maersk Drilling offshore Egypt
Maersk Discoverer has been awarded a one-well drilling contract offshore Egypt for the semi-submersible rig Maersk Discoverer. [Read more…] about One-well contract for Maersk Drilling offshore Egypt
Egypt agrees price indexing of Mediterranean’s El-Borg concession capped at $5.88/MMBtu
The Egyptian Natural Gas Holding Company (EGAS), Shell, and BP have signed an agreement to modify gas prices at El-Borg marine concession area in the Mediterranean Sea, through a price index formula linked to the global price of crude barrel, with a maximum price of about $5.88 per million British thermal units (MMBtu). [Read more…] about Egypt agrees price indexing of Mediterranean’s El-Borg concession capped at $5.88/MMBtu
Edison spuds first exploration well in North Thekah concession offshore Egypt
Exploration and production company Edison has started drilling operations at its first exploration well in North Thekah concession located in the Egyptian Eastern Mediterranean waters. [Read more…] about Edison spuds first exploration well in North Thekah concession offshore Egypt