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Egypt News

Eni signs update to Egyptian agreement

Jul 24, 2015

Representatives of Italian explorer Eni and the Egyptian government gathered in Rome to sign updated Head of Agreement terms, following a new offshore discovery made in the Nile Delta earlier this week. The update says the two will jointly鈥

Egypt, Eni sign US$2 billion deal

Jun 01, 2015

The Egyptian General Petroleum Corp. (EGPC) and Italian giant Eni entered into a US$2 billion deal for exploration and development activities offshore Egypt. Image from Egypt Ministry of Petroleum鈥

Well Flow names business development VP

Jul 02, 2015

Well Flow International named Osama M. Hasan Baiej as its vice president of business development for the Arabian Gulf and North Africa. Baiej has more than 15 years of experience in business development and strategy, oilfield services鈥

Shake up at Apache

Jun 01, 2015

Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures鈥

BP gains West Nile Delta stake

May 18, 2015

BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the鈥

OneSubsea inks BP West Nile Delta gig

Apr 23, 2015

OneSubsea is getting a piece of BP鈥檚 West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope鈥

Global FSRU demand ramps up

Apr 27, 2015

This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas鈥

UK may revoke Dea UK/LetterOne licenses

Apr 20, 2015

The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation鈥

EMG denies involvement in Tamar deal

Mar 24, 2015

East Mediterranean Gas Co. (EMG) is denying any involvement in the US$1.2 billion deal made last week between the Tamar partners and Dolphinus Holdings to export natural gas from Israel to Egypt using the EMG pipeline. Tamar map鈥

Eni in US$5 billion Egypt venture

Mar 16, 2015

Italian giant Eni is investing an estimated US$5 billion dollars for the development of oil and gas resources in Egypt, including the development of 200 MMbbl and 1.3 TCF of gas. Image from Eni.   Egyptian鈥

West Delta Deep Marine- Expansion beyond Limits

Apr 01, 2015

When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It鈥檚 now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet鈥

BP in second Egypt find

Mar 09, 2015

BP made its second gas discovery in the East Mediterranean Sea at its North Damietta 云顶赌场老虎机 concession in the East Nile Delta. Image from BP.   The discovery was made at the Atoll鈥

BP developing Egypt鈥檚 West Nile Delta

Mar 06, 2015

BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP鈥

Polarcus gets 3D seismic off Egypt

Mar 05, 2015

Polarcus won a contract from an undisclosed client for a 3D marine seismic project offshore Egypt using Polarcus' RightBAND technique for broadband data acquisition. The project will begin 1Q 2015 and is expected to run for about 50 days.

Edison growing its North Sea portfolio

Mar 26, 2015

Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region.  Taking time out鈥

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