Total | Egypt Oil & Gas - Part 16
Eni Plans to Sell 20% of Zohr Field
Italy’s Eni plans to sell at least a 20% stake in Zohr field in Egypt to different oil companies including Russian Lukoil, US ExxonMobil, French Total, and UK’s British Petroleum in order to raise around $...
Egypt Approves Five New Oil, Gas Exploration Deals
Egyptian Minister of Petroleum, Tarek El Molla stated that Egypt’s government approved five oil and gas drilling and exploration agreements with foreign companies, reported Reuters. Four of the deals are gas exp...
Sub-Saharan Africa Boosts Oil, Gas Projects
Sub-Saharan Africa is expected to start operations of 43 crude and natural gas projects in total by 2025. Tullow Oil plc, Total S.A, Chevron Corporation, and Eni SpA are interested in the regional investments, Economi...
Uganda Approves Total’s Oil Production Licenses
Uganda’s crude production plans are now in progress after the cabinet has approved the issuance of oil production licences to France’s Total, Reuters reported. The licenses cover the Ngiri, Jobi-Rii, and Gunya oil fie...
Tanzania, Uganda to Complete Oil Pipeline in 2020
Tanzania plans to complete the building of a crude oil pipeline from Uganda in 2020 at a valued cost of $3.5b, Reuters reported. The Tanzanian Ministry of Energy and Minerals stated that “the pipeline will have ...
Edison, Total, BP Mull Buying 40% Stake in Zohr
Italian Edison, French Total, and British Petroleum (BP), have requested information about Egypt’s Zohr gas field as they ponder negotiations with Eni over a purchase of 40% of the company’s stake in the M...
Nigeria’s Oil Production Drops
Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister, Ibe Kachikwu, declared, Argus Media reported. Nigerian output has improved to 1.75mb/d in July, up fr...
Six Energy Giants Interested in Cyprus’ Offshore Licenses
Cypriot Energy Ministry, Georgios Lakkotrypis, has announced that ENI, Total, Statoil, Exxon Mobil, Qatar Petroleum, and Cairn are six among the eight companies that had sent their expressions of interest for earning ...
