Eni CEO Dismisses Noor Field Rumors
Eni has denied media reports that the company has discovered a new gas field in the eastern Mediterranean.
Natural Gas | Egypt Oil & Gas - Part 63
Egypt Produces 25 Million Tons of Natural Gas in First Four Months of 2018
Egypt produced around 24.6 million tons of natural gas during the first four months of 2018.
El Molla: Egypt to Start Exporting Gas Early 2019
Egypt may stop importing liquefied natural gas (LNG) by Q4 2018 and start exporting it at the beginning of 2019.
Eni to Invest Additional $3B in Egypt
ENi CEO Claudio Descalzi said that the company is investing a further $3 billion into the sector on top of the $8.4 billion it is already investing.
Mubadala Petroleum Buys 10% Shorouk Stake for $1B
Eni has sold a 10% stake in Egypt's Shorouk offshore concession to Mubadala Petroleum for more than $1 billion.
Gas Natural Fenosa Extends Sonatrach Gas Deal to 2030
Spain’s Gas Natural Fenosa has signed an agreement with Algeria’s Sonatrach that will extend their gas purchase contracts until 2030.
Third Zohr Gas Processing Unit Begins Operations
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.
Delek to Decide on Egypt Pipeline Investment in July
Delek Drilling shareholders will meet on July 1 to vote on whether to approve a $200 million investment in a subsea pipeline to Egypt.
Pharaonic Petroleum Produces 600 mscf/d of Natural Gas
Pharaonic Petroleum's natural gas production has reached 600 million standard cubic feet per day (mscf/d).
El Molla Visits Zohr Field
Minister of Petroleum Tarek El Molla has visited Zohr gas field to follow up on operations and ensure that production will reach 2.7 billion cubic feet per day (bcf/d) in 2019.
