BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners
According to a press release by Italy's Eni, President Abdel Fattah Al Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni's activities in the country.
The Angolan state oil company Sonangol issued a statement that it is expected to award concessions and sign contracts with contractor groups in 45 days time
Eng Khalid Abd alibda, chairman of the Egyptian Natural Gas Holding Company (EGAS), told Egypt Oil & Gas that there is currently a joint working group between EGAS and the Italy's ENI, to review the development plan ...
A study by the Egyptian Center for Economic Studies (ECES) forecasts that due to recent gas discovery, Egypt will be able to double its natural gas production by 2018.
IEOC, a subsidiary of Eni, will extend a 195km pipeline from Zouhr well Block 9 to the city of Port Said, reported Egypt Oil & Gas (EOG). Work on the pipeline will begin with development operations early next year.
Development operations in the natural gas field off the country’s Mediterranean coast will start in January 2016, said Lapo Pistelli, V-P of the Italian company.
Sources at EGAS told Egypt Oil & Gas (EOG) that according to the seismic data of Eni's massive Zouhr discovery, the potential reservoir is estimated at 60 TCF, rather than 30 TCF. Accurate estimates of the full res ...