Eni to Sell Faramid Gas to Petroleum Ministry
Eni has agreed to sell the natural gas produced by the Faramid well to the Egyptian Ministry of Petroleum for $2.60 per 1 million British thermal units (mbtu).
Eni has agreed to sell the natural gas produced by the Faramid well to the Egyptian Ministry of Petroleum for $2.60 per 1 million British thermal units (mbtu).
The Egyptian General Petroleum Corporation (EGPC) has signed an exploration and production (E&P) agreement with Royal Dutch Shell and Malaysia’s Petronas worth $1 billion.
Shell has increased the amount of natural gas exported from its Idku liquefaction plant to 250 million standard cubic feet per day (mmscf/d), up from 150 mmscf/d in the previous fiscal year.
Royal Dutch Shell is discussing pumping 23 million cubic feet (mcf) of gas from its Faramid well in the Western Desert to Eni’s gas processing plant in Obayed.
Cyprus is hoping to ship gas from its 4.5 trillion cubic feet Aphrodite offshore gas field to Egypt by 2022, Cyprus energy minister Giorgos Lakkotrypis has said.
Algerian state-owned firm Sonatrach has signed gas supply deals with Spain and Italy’s Eni.
Shell will start production from its two offshore wells at West Nile Delta field 9B in the first half of October 2018.
Shell has handed over its operations at the Manjoon oilfield in southern Iraq to the state-run Basra Oil Company.
Shell, Apache, and Mubadala Petroleum are considering submitting bids in the exploration and production (E&P) bid round that will be launched by the Egyptian General Petroleum Corporation (EGPC) for exploration ar ...
Royal Dutch Shell will start production at the 9B phase of the West Nile Delta (WND) project during Q3 2018.