he Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Egypt's upcoming ambassadors to several countries to discuss their role in attracting foreign investment in the oil and gas sector.
Italian Oil Company Eni invested an amount worth $3.5b to $4b in implementing the Zohr natural gas production processing plant at a capacity of 2.7bcf/d of gas.
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.