field development | Egypt Oil & Gas
Eni Signs EPC Deal for Developing Cronos Gas Field in Cyprus
Italian energy giant Eni signed on October 26 the main engineering, procurement, construction (EPC) and drilling contracts for the development of the Cronos Project located in Block 6 offshore Cyprus. This marks the s...
Algeria Grants PETROJET $1.1Bn Contract for Hassi Bir Rkaiz Field Development
The state-owned Petroleum Projects and Technical Consultations Company (PETROJET), has signed a general contractor agreement to develop Phase Two of Algeria’s Hassi Bir Rkaiz field. The contract, valued at aroun...
EGAS to Launch New bid Round in Western Mediterranean
The Egyptian Natural Gas Holding Company (EGAS) plans to launch new bid round in 2026, offering natural gas exploration licenses across several areas in the Western Mediterranean, according to Chairman and Executive M...
Egypt Partners with Global Oil Majors to Double Production in Five Years
Minister of Petroleum and Mineral Resources Karim Badawi held high-level talks with senior executives from SLB, Baker Hughes, Weatherford, Halliburton, National Energy Services Reunited Corporation (NESR), and EXPRO i...
PMS to Develop Phase Four of Kamose Gas Field Offshore North Sinai
Petroleum Marine Services (PMS) has been awarded the execution contract for the development of Phase Four of the Kamose offshore gas field in North Sinai. The scope of work includes the installation of three new offs...
Egypt Signs Four New MoUs to Enhance Oil and Gas Production and Development
Prime Minister Mostafa Madbouly witnessed the signing ceremony of four new memoranda of understanding (MoUs) with the aim of studying and researching the possibility of exploring, producing and developing oil and natu...
TotalEnergies Announces the Sanction of Ballymore Field in Gulf of Mexico
TotalEnergies announced the sanction of developing the Ballymore field, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico. TotalEnergies holds a working interest of 40% in Ballymore. While t...
South Pars Starts Drilling Operations at Phase 11
Iran began drilling operations at phase 11 of the South Pars oil field last week with aim of recovering natural gas in March 2021. The field is rich with natural resources with estimates of 14.2 trillion cubic meters...
