Karim Badawi, Minister of Petroleum and Mineral Resources, confirmed that the petroleum sector is executing an ambitious five-year plan to increase production by upgrading and expanding existing infrastructure, accord...
Italy’s energy giant, Eni, announced a significant natural gas and condensate discovery in the Temsah Concession, located offshore in Egypt’s Eastern Mediterranean. Preliminary estimates for the Denise W 1 explo...
Italian giant, Eni, and Saudi Basic Industries corporation (Sabic) inked a joint development agreement to develop an innovative technology for natural gas conversion, Trade Arabia reported. The agreement was signed by...
Egyptian Minister of Petroleum Tarek El Molla has been given the green light to contract several Egyptian companies to participate in exploration and production (E&P) activities, Egypt Oil & Gas reports. The E...
Italian Eni’s CEO, Claudio Descalzi, stated that the company is currently in talks with various parties in order to cut its stake in Egypt’s Zohr field to 50% operating interest instead of owning the entir...