Eni | Egypt Oil & Gas - Part 47
Egypt Approves Five New Oil, Gas Exploration Deals
Egypt's government has approved five oil and gas drilling and exploration agreements with foreign companies.
Eni to Drill Sixth Well in Egypt’s Zohr Field
An official at the Egyptian General Petroleum Corporation (EGPC) stated that the drilling of the sixth well of the Zohr gas concession is scheduled to start in January 2017.
Descalzi: Eni Is Keeping Balance by Lowering Costs
In an Interview with Bloomberg, Eni's CEO, Claudio Descalzi, stated that the company is keeping balance by lowering costs to the level of $20 per barrel.
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 ...
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.
Nigerian Militants Blast Shell Oil Pipeline
Nigerian militants blew up a crude pipeline operated by Anglo-Dutch oil giant Shell in the south region of Odimodi community, in the Delta state.
Eni, BP to Extract 350mcf/d of Gas from South Baltim Field
Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.
Six Energy Giants Interested in Cyprus’ Offshore Licenses
Cypriot Energy Ministry, Georgios Lakkotrypis, has announced the names of six of the eight companies that had sent their expressions of interest for earning licenses for offshore hydrocarbon blocks in the country.
