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 $5.5b from a ...
The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.
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.
Eight energy companies have submitted six applications for winning exploratory drilling rights in blocks six, eight, and ten in Cyprus’ Exclusive Economic Zone (EEZ).
A source at the Ministry of Petroleum and Mineral Resources told Egypt Oil&Gas that Egypt's four key natural gas fields represent a path for helping the country resolve its energy crises by 2019.
The discovery of a large gas-carrying layer at Zohr field’s second well, that was developed by Italian company Eni, has resulted in an increase of the field’s total gas reserves to 32tcf, compared to formerly estimat ...
Belayim Petroleum Company (Petrobel) held a community consultation meeting in Port Said to discuss the evaluation of the environmental and social impact of the development of the Zohr field in Shorouk area in the Med ...
The Egyptian Natural Gas Holding Company (EGAS) Chairman, Mohamed El Masry, has announced that his company has completed drilling the fourth well in Zohr natural gas field, in the Mediterranean Sea.
Italy’s offshore contractor Saipem has won an engineering, procurement, construction, and installation (EPCI) contract in the Zohr gas field in the Mediterranean Sea. The contract, that is worth more than $1.77b, sta ...
Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, has surveyed Saipem 1000 maritime saw rig that drills into wells of Zohr field at a drilling distance of 4,100 meters, 200 km away from the coast of P ...