offshore fields | Egypt Oil & Gas

Eni Participates by 30% in Morocco’s Tarfaya

Eni agreed to participate by a 30% interest in Tarfaya offshore Shallow Petroleum Agreement to an Arabian Gulf state petroleum company, Pipeline Oil and Gas Magazine reported. The agreement is to be approved by Morocc...

Aramco Closes Part of the Safaniyah Oilfield

Saudi Aramco closed part of the Safaniyah offshore oilfield two weeks ago because of a power cable cut by a vessel’s anchor, a source familiar with the matter said on February 15, Gulf Business reported. The company a...

Saipem Signs $1.3 B Offshore Contracts with Aramco

Saipem has been awarded two contracts worth $1.3 billion to develop Saudi Aramco’s offshore Berri and Marjan fields, Pipeline Oil and Gas Magazine reported. Under these two contracts, Saipem will be responsible for th...

Qatar Petroleum Acquires 35% Stake in Eni’s Mexican Offshore Oil Fields

Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company’s Mexican offshore oilfields, the company announced in a press release. The agreement covers the Amoca, Mitzon, a...

Egypt, Cyprus Sign Natural Gas Agreement

Egypt has signed a deal with Cyprus that paves the way for further negotiations on a construction of a submarine pipeline, through which the Mediterranean island would export natural gas from its offshore field Aphrod...

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