Edison | Egypt Oil & Gas - Part 2

Edison to Sell E&P Division

Italy’s Edison Company plans to sell its $2 billion exploration and production (E&P) division to focus on its retail operations.

Edison to Drill Deepwater Exploratory Well

Edison plans to drill a deepwater exploratory well in the Eastern Mediterranean.

Edison to Partner in Drilling at North East Hapy Concession

Italian Edison is seeking a partner to begin drilling the first deepwater well at its North East Hapy offshore concession.

IOCs to Step up Investments in Egypt

Major international oil companies (IOCs) said they plan to step up their investments in Egypt.

Edison Signed $86m Deal to Explore Oil, Gas in Egypt

Egypt signed an oil and gas agreement with Italy's Edison worth $86m to explore and produce oil and natural gas in the Mediterranean Sea.

RasGas Delivered LNG Cargo to Regasification Terminal

Qatar’s RasGas delivered the third commissioning cargo to the Dunkirk LNG regasification terminal in France.

Edison to Drill 3 Wells in Egypt

Edison's Commercial Manager, Tarek Shalaby, stated that the Italian firm will start drilling 3 new wells in its gas concessions in Egypt including South Edco, Abu Qir, and North West El Gendy during January 2017

Eni Plans to Sell 20% of Zohr Field

Italy's Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK's British Petroleum in order to raise around $5.5b from a ...

Egypt Approves Five New Oil, Gas Exploration Deals

Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies.

Edison, Total, BP Mull Buying 40% Stake in Zohr

Italian Edison, French Total, and British Petroleum (BP), have requested information about Zohr field as they ponder negotiations with Eni over a purchase of 40% of the company's stake in the Mediterranean Sea conces ...

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