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.
Natural Gas | Egypt Oil & Gas - Part 66
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.
Iranian South Pars Gas Condensate Exports Rise by 149%
Exports of gas condensate from Iran’s South Pars gas field rose by 149% in May 2018.
Egypt’s Natural Gas Production Increases by 20.5% YoY
Egypt’s production of natural gas increased by around 20.64% year-on-year (YoY), reaching 3.437 million tons in March 2018 compared to 2.849 million tons in March 2017.
Iran: Domestic Companies Capable of Developing Farzad B Gas Field
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.
Egypt Consumes 3.3M Tons of Natural Gas in April
Egypt consumed 3.3 million tons of natural gas in April 2018, compared to 3.2 million tons in winter.
