Edison | Egypt Oil & Gas - Part 3
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 $...
Egypt Approves Five New Oil, Gas Exploration Deals
Egyptian Minister of Petroleum, Tarek El Molla stated that Egypt’s government approved five oil and gas drilling and exploration agreements with foreign companies, reported Reuters. Four of the deals are gas exp...
Edison, Total, BP Mull Buying 40% Stake in Zohr
Italian Edison, French Total, and British Petroleum (BP), have requested information about Egypt’s Zohr gas field as they ponder negotiations with Eni over a purchase of 40% of the company’s stake in the M...
EGPC, Edison to Develop Abu Qir’s 2nd Phase
Egypt’s General Petroleum Corporation (EGPC) has inked a cooperation agreement with Italy’s Edison International to develop the second phase of the offshore Abu Qir gas field, wrote Star Africa. The $220m deal involve... Oil Minister, Italian Edison Discuss Development of Abu Qir Field
Tarek El Molla, Minister of Petroleum and Mineral Resources, met with Marc Benayoun, CEO of Edison International Group and President of the Board of Directors, to discuss the development of the second phase of Abu Qir...
Gazprom to Build New Gas Route to Europe via Black Sea
Russia’s gas major, Gazprom has signed a Memorandum of Understanding with Edison and DEPA on a new pipeline taking Russian gas to Europe via Greece and Italy through a pipeline under the Black Sea, Pennenergy re...
Petroceltic Completes $9.5m Sale of Deepwater Licenses in Egypt
Ireland’s Petroceltic International plc, has completed the sale of the North Thekah, North Port Fouad, and South Idku deepwater exploration licenses in Egypt to its joint venture partner, the Italian company, Ed...
Tarek El Molla in Energy Talks with Head of EDF
Egypt Oil & Gas learned that Tarek El Molla, Minister of Petroleum and Mineral Resources, held extensive talks with Jean-Bernard, CEO of France’s EDF, parent company of Italy’s Edison. EDF was part of the delegati...
