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.
Italy's oil and gas giant Eni has reached an agreement with US ExxonMobil to sell its multi-billion dollar stake in the planned offshore liquefied natural gas (LNG) development project in Mozambique.
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
Iran plans to raise its gas exports to 200mcm/d through pipelines to nearby countries. In addition, the achievement of liquefied natural gas (LNG) projects are also prioritized.
Long-delayed offshore gas project with Italy’s Eni could be approved within months, sparking investments with the potential to transform Mozambique, one of the world’s poorest countries, into a major energy player.
Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...
The discovery of a large gas-carrying layer at Zohr field’s second well, that was developed by Italian company Eni, has resulted in an increase of the field’s total gas reserves to 32tcf, compared to formerly estimat ...
Royal Dutch Shell has announced its new plans for the coming fiscal year (FY) 2016/2017 in Egypt. The Anglo-Dutch oil and gas giant sets its eyes on investing $342m in drilling 33 wells in its concession areas that a ...
Sound Energy revealed that the preliminary petrophysical analysis of the first Tendrara well, onshore Morocco, confirmed the presence of a number of gas bearing levels.