Russia'a Rosneft stated that gas production in Zohr field will start by the end of 2017. Zohr is considered to be the hugest natural gas field ever found in the Mediterranean Sea as it has estimated 850bcm of gas.
Sweden's Sandvik has secured a number of strategic projects offshore Egypt to provide a comprehensive scope of Sandvik oil and gas solutions for the ongoing giant gas field developments in the region.
Egypt's Minister of Petroleum and Mineral Resources, Tarek El Molla, said that Egypt may announce new discoveries of natural gas near the Zohr field by the second half of this year, which will bring country on track ...
Egyptian President, Abd El Fattah El Sisi, met with Minister of Petroleum and Mineral Resources, Tarek El Molla, to review the ministry's plan as a part of Egypt's strategic development program.
Italian Eni is currently in talks with various parties in order to cut its stake in Egypt's Zohr field to 50% operating interest instead of owning the entire stakes in the concession that includes Zohr.