Edison | Egypt Oil & Gas - Part 2

Bidders to Offer $2 B for Edison E&P Assets

Apex International Energy and Neptune Energy are among companies considering bids to purchase up to $2 billion of Edison’s exploration and production (E&P) assets in Egypt and Italy, sources with knowledge o...

Edison Dissipates Rumors and Confirms Commitment to Egyptian Projects in 2019

Edison announced its commitment to Egypt and its East Mediterranean concessions as it will pursue and fulfill its exploration campaign in 2019, the company said in a press release. The statement denies rumors that the...

El Molla Reviews Shell, Edison Egyptian Operations

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla has reviewed Rashid Petroleum Company’s (Rashpetco) work on the phase 9B development project in the Mediterranean, Egypt Oil & Gas reports....

Edison to Drill First Exploratory Well in North Thekah in 2019

Edison plans to drill its first exploratory well in the eastern Mediterranean North Thekah offshore concession in 2019, Egypt Oil & Gas reports. The company is further developing its 40-producing Abu Qir field, sa...

Edison to Sell E&P Division

Italy’s Edison Company plans to sell its $2-3 billion exploration and production (E&P) division to focus on its retail operations, four oil and gas sources told Reuters. The move will see the company, which is 99....

Edison to Drill Deepwater Exploratory Well

Edison plans to drill a deepwater exploratory well in the Eastern Mediterranean, Egypt Branch General Manager and Vice President of North Africa and Middle East Operations for Edison, Nicolas Katcharov, told Daily New...

Edison to Partner in Drilling at North East Hapy Concession

An Official at the Egyptian Natural Gas Holding Company (EGAS) told Al Shorouk Newspaper that 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

At Egypt Petroleum Show (EGYPS 2017), major international oil companies (IOCs) said they plan to step up their investments in Egypt, expecting to find more oil and gas now that Eni’s giant Zohr gas discovery has...

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, in addition to $1.5m signing bonus for drilling 2 new wells , reported Al...

RasGas Delivered LNG Cargo to Regasification Terminal

Qatar’s RasGas delivered the third commissioning cargo to the Dunkirk LNG regasification terminal in France, The Peninsula reported. The cargo, aboard RasGas’ Maran Gas Asclepius, was delivered to the EDF Group late N...

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