The investments will be directed to several projects during fiscal year (FY) 2019/20, most importantly two exploration projects in cooperation with the Egyptian General Petroleum Corporation (EGPC) and WesternGeco ...
The well, which will be completed and start production by the end of this month, will increase the number of producing wells in Zohr field to ten wells.
The Egyptian Ministry of Electricity started studying the feasibility of increasing the capacity of the electricity connection with Jordan to reach 1000 MegaWatt (MW), compared to the currently exchanged 450 MW.
The ministry is aiming to connect all eligible households located in different villages, cities and regions within these upcoming two years.
The Egyptian President Abdel Fattah El Sisi met with Eni’s CEO, Claudio Descalzi, as a regular follow up on the updates of Eni’s work in Egypt.
Natural gas output rates recorded 6.6 bcf/d during the Q4 of 2018.
The Egyptian government appreciates the cooperation with Eni, which had the greater effect in developing Egypt's natural gas resources.
Egypt started increasing exported natural gas to Jordan to around 100 million standard cubic feet per day (mmscf/d) to secure the needs of the Jordanian electricity generating plants.
The SRM-3 well is located in South Ramadan. the well reached a 15,635-feet depth, encountering around 75 feet of net conventional oil pay in its Matulla section, in addition to 20 feet of the new conventional oil ...
Egypt's petroleum trade deficit dropped by 29% year-on-year (YOY) in Q1 of fiscal year (FY) 2018/19, recording -$688.1 million, compared to -$970.4 million in same period of 2017/18.
