offshore | Egypt Oil & Gas - Part 12

Eni, Exxon to Jointly Develop Mozambique Offshore Gas Project

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.

Edison, Total, BP Mull Buying 40% Stake in Zohr

Italian Edison, French Total, and British Petroleum (BP), have requested information about Zohr field as they ponder negotiations with Eni over a purchase of 40% of the company's stake in the Mediterranean Sea conces ...

Six Energy Giants Interested in Cyprus’ Offshore Licenses

Cypriot Energy Ministry, Georgios Lakkotrypis, has announced the names of six of the eight companies that had sent their expressions of interest for earning licenses for offshore hydrocarbon blocks in the country.

Malaysia’s SapuraKencana Announces Gas Discoveries

SapuraKencana Petroleum , Malaysia's biggest oil and gas services company by market value, announced two natural gas discoveries offshore East Malaysia.

Norway Faces Risk of Oil Strikes

Norway's oil and gas biggest Unions are threatening with a strike –that would affect eight North Sea platforms run by Royal Dutch Shell– if the companies do not meet their expectations over wages and working conditio ...

EGPC Announced International Bid Rounds

The Egyptian General Petroleum Corporation (EGPC) announced launching a new international bid round for 2016 for oil research and exploration, according to a press release received by Egypt Oil&Gas.

Apache North Sea Awards Subsea 7 Contract Offshore UK

Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.

Investment for BP’s Atoll Gas Project in Egypt Estimated at $945m

According to a report by Global Data, Egypt's Atoll gas discovery is of national significance for the county as it is expected to reduce the country's gas deficit with a required investment of $945m estimated for the ...

Italian Referendum Fails to Restrict Offshore Drilling

Oil and gas producers in 26 areas offshore Italy will be able to drill until their fields run dry, after a referendum failed to draw enough voters to re-instate a deadline on the concessions.

Italy’s Saipem to Work on Offshore Gas Pipeline

Italy's Saipem has bagged an order to lay the subsea Trans Adriatic Pipeline (TAP) that will bring Azeri gas into Italy, the oil contractor said. The company said work on the 105-kilometer section running from Albani ...

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