Egypt PM Meets Eni CEO
Prime Minister Mostafa Madbouly discussed Italian oil major Eni's Egyptian investments with company CEO Claudio Descalzi on August 28.
Eni | Egypt Oil & Gas - Part 32
Shell Discussing Pumping Gas to Eni’s Processing Plant
Royal Dutch Shell is discussing pumping 23 million cubic feet (mcf) of gas from its Faramid well in the Western Desert to Eni’s gas processing plant in Obayed.
El Molla: Petroleum Sector Attracted $10B FDI in 2017/18
Foreign direct investment (FDI) in Egypt’s oil and gas sector reached $10 billion in fiscal year (FY) 2017/18, Minister of Petroleum Tarek El Molla told Al Ahram newspaper in an interview published on August 24.
ADNOC to Sell Minority Stake in Refining Business
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to sell a minority stake in its refining business, and is in advanced negotiations with multiple potential buyers including Italy’s Eni.
Algeria Pens Gas Supply Deals with Spain, Italy
Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni.
Oil Ministry Signs Three Exploration Agreements Worth $139.2M
Oil minister Tarek El Molla has signed three new exploration contracts to drill 15 wells in the Mediterranean and the Western Desert with an investment budget of $139.2 million and a $55 million signing grant.
Zohr Gas Field Capacity to Reach 2 bcf/d by September
The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni.
Eni To Start Production from South Meleiha Within 3-6 Months
Eni will begin production from the South Meleiha concession in the Western Desert’s Faghur Basin within three to six months.
Apache to Drill Three Wells in Western Desert
Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, according to an oil ministry source.
Balteem Gas Field To Begin Production Mid-2019
Belayim Petroleum Company (Petrobel) and Eni will bring their South Balteem well online by mid-2019, helping the companies to achieve their target of pumping an extra 0.5 billion cubic feet per day of natural gas. ...
