Atoll Field | Egypt Oil & Gas
BP Starts Production from Atoll Field
UK’s BP announced starting production of natural gas from the first phase of Egypt’s Atoll field, located offshore Egypt, seven months before scheduled time with 33% lower than the initial estimated cost, ...
Production at Atoll Field to Begin in 2017
Natural gas production will begin at the Atoll field in the North Damietta Offshore Concession before the end of 2017, the First Undersecretary of the Ministry of Petroleum and Mineral Resources, Mohamed Taher, told A...
Sisi, Molla Reviewed Petroleum Developments
Egyptian President, Abd El Fattah El Sisi, met with Minister of Petroleum and Mineral Resources, Tarek El Molla, to review the ministry’s plan as a part of Egypt’s strategic development program. The minist...
Pharaonic Petroleum to Invest $500m in Egypt
Pharaonic Petroleum Company has announced that its board of directors estimated the new budget of fiscal year 2017/2018 to be $500m, reported The Middle East North Africa Financial Network. Pharaonic Petroleum Company...
Subsea 7 to Operate Atoll Field
The Pharaonic Petroleum Company awarded UK’s Subsea 7 with offshore contract to operate Egypt’s Atoll field, reported Maritime Herald. The contract is value at $300m, this includes engineering, procurement, and...
BP Eyes Gas Production Rise in Atoll Field
The Egyptian Minister of Petroleum, Tarek El Molla stated to Al-Borsa News that BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018. BP has invested $3.8b in the devel... BP, EGAS Sanction Atoll Field Development
BP has announced that along with its regional partner, the Egyptian Natural Gas Holding Co. (EGAS), it has sanctioned a fast-track scheme to develop the deepwater Atoll gas field Phase 1 project in Egypt, reported UPI...Page 1 of 1
