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Egypt News

Leviathan Platform Starts Voyage to Israel

Jul 14, 2019

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday.The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks鈥

BP Sells Egypt Assets to Dragon Oil

Jun 03, 2019

BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor鈥檚 plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal鈥

Delek to Start Exporting Gas to Egypt Soon

Jun 03, 2019

Israel's Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on Sunday.Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15鈥

Dana Gas Spuds Merak-1 云顶赌场老虎机 Egypt

May 22, 2019

Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession鈥

Sapura Bags Five Contracts

May 20, 2019

Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura鈥檚 wholly owned subsidiaries鈥

Political Risks Mar Africa's 云顶赌场老虎机 Grand March

Apr 25, 2019

Political instability, insecurity and marine boundary disputes pose some of the major challenges constraining progress of Africa's upstream offshore oil and gas exploration ambitions at a time when the continent expected to ramp up production from its deep and ultra deepwater investments鈥

ROVCO Partners with Drexel

Mar 26, 2019

Remotely operated vehicle (ROV) survey and inspection company Rovco said it has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.The deal will see the Bristol-headquartered firm鈥

Eni Finds Gas 云顶赌场老虎机 Egypt

Mar 14, 2019

Italian oil company Eni announced Thursday it has made a gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km North of the Sinai peninsula鈥

DEA Extends Concessions in Egypt

Mar 08, 2019

German oil company DEA Deutsche Erdoel AG has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. DEA鈥檚 General Manager Sameh Sabry signed the new concession agreement. The new鈥

Mediterranean Gas Galore, Challenges Aplenty

Mar 27, 2019

Gas resources abound in the Mediterranean but the challenges facing their monetization were highlighted at the opening plenary session of 云顶赌场老虎机 Mediterranean Conference (OMC) in Ravenna, Italy, this morning.On the one hand, gas exploration鈥

Shell, Eni, Exxon Win Concessions in Egypt

Feb 12, 2019

Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell鈥

Israeli Vote Will Not Affect 云顶赌场老虎机 Auction

Mar 14, 2019

Israel's offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country's upcoming general elections, Energy Minister Yuval Steinitz said in an interview.Israelis will head to the polls on April鈥

Giza and Fayoum Gas Fields Come Onstream

Feb 11, 2019

BP on Monday announced first gas production from the second stage of its West Nile Delta development offshore Egypt, marking the second start-up in a string of new upstream projects expected to be brought on line by the supermajor in 2019.The project鈥

Dana Gas to Drill off Egypt in April/May

Feb 12, 2019

Dana Gas will begin drilling this year in an area it says could become Egypt's next giant Mediterranean gas field, after seismic data pointed to reserves as large as 20 trillion cubic feet.That data will be put to the test beginning in April or May鈥

Subsea 7 Bags Yet Another Deal in Africa

Mar 07, 2019

Subsea engineering, construction and services company, Subsea 7 has added yet one more feather in its Africa offshore cap after winning an engineering studies contract with a possibility of extending it to engineering, procurement, construction鈥

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