News / Egypt
Bapetco to Link BTE-2 Output to Gas Plant
Badr El Din Petroleum (Bapetco) is in talks with its foreign partner Royal Dutch Shell on linking production for a new discovery at North Alam El Shawish concession, BTE-2 well, to Badr-3 gas process facilities.
Shell to Boost EDCO’s LNG Exports
Royal Dutch Shell exported three liquefied natural gas (LNG) cargos through its EDCO plant, while agreeing with he Egyptian Ministry of Petroleum and Mineral Resources to start gradually increasing its LNG exports.
Eni Drilled New Well at Zohr
Italian Eni drilled new well in Zohr and obtained approval from the Egyptian government prior selling stakes of the Shorouk concession, which contains the Zohr field, to Rosneft
Apache to Drill 20 Gas Wells
US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.
BAPETCo Deployed Two New Rigs
Badr El Din Petroleum (BAPETCo) rented the services of two new 1500-horespower rigs. This brings the total number of rigs employed by Bepetco to four, in an attempt to execute the company's extensive drilling strategy.
Egypt to Set Power Line Project Lead
The Egyptian Ministry of Electricity and Renewable Energy will select between the State Grid Corporation of China and Egypt’s Elsewedy Electric to construct a transmission line from Samalut to Naga Hammadi with a capacity of 500kV.
Eni Agrees to Sell 30% of Shorouk Concession to Rosneft
Italian Eni agreed to sell 30% stake in Egypt's Shorouk Concession to Russia's Rosneft.
Shell to Stop Gas Output in Rosetta Field
Royal Dutch Shell will halt gas production from Egypt's Rosetta field in Rashid concession, in July 2017. Shell will cease investments in the development while dues owed by the Egyptian government continue to accumulate.
