The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production鈥
The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek. For the first three years of the seven-year contract鈥
Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni. Blocks鈥
Egypt鈥檚 bid to pay off its mountain of debt to international oil companies and improve contract terms could create a rush of activity to make up for lost time. Patrick Werr reports. Former chairman of Egypt鈥檚 state-owned gas holding company鈥
Ireland-based exploration firm Petroceltic is focusing its attention on Egypt after two offshore block awards were recently ratified. The firm said during 2014, formal award of the offshore North Thekah block was awarded and, more recently鈥
Egypt's government has signed six new agreements for oil and gas exploration in the Gulf of Suez and the Western Desert, the Oil Ministry announced 9 January. The agreements were with Shell, Italian firm ENI, BP and Canada's Trans Globe鈥
The Egyptian government has repaid a further US$350 million in outstanding debt to oil and gas firm BG Group. BG Group, one of a number of companies owed cash by the Egyptian government, says it is now owed US$920 million. In October鈥
Middle East and North Africa focused oil and gas exploration and production firm Circle Oil is the latest to announce it has received a debt repayment from the Egyptian government. The company received US$15 million, as part of the recent鈥
BG Group has confirmed it has received a US$350 million debt repayment from the Egyptian government, reducing BG Group's domestic receivables balance in Egypt to around $1.2 billion. Egypt announced Friday it had paid off $1.5 billion of its debt to foreign oil and gas companies鈥
Tamar partners and Dolphinus Holdings Ltd. signed a letter of intent for the supply of natural gas from the Tamar project located offshore Israel, to Dolphinus for use in Egypt. Map of Tamar field. From Noble鈥
Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1鈥
Eni scooped up three new exploration licenses in Egypt as a result of the 2013 Egyptian General Petroleum Corp. (EGPC) and the Egyptian Natural Gas Holding Co. (EGAS) international licensing bid rounds. Two of the three blocks are located鈥
Petroceltic International's joint venture with Edison International Spa has been awarded the North Port Fouad Block, in the Egyptian Natural Gas Holding Company 2013 International Bid Round. North Port Fouad (Block 7), is offshore the Nile Delta and lies to the north of鈥
Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months鈥
BP Egypt today (1 October) announced the start of drilling the Atoll-1 well offshore Egypt. The deepwater exploration well is the second exploration well in the North Demietta 云顶赌场老虎机 concession after the Salamat-1 significant discovery announced by BP in 2013鈥
