Zohr | Egypt Oil & Gas - Part 12
El Molla Met with Egyptian Ambassadors
A press release to Egypt Oil&Gas stated that the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, met with Egypt’s upcoming ambassadors to several countries in the presence of Deputy Min...
Eni Invests $4b in Zohr Gas Processing Plant
Italian Oil Company Eni invested around $3.5b to $4b in constructing a natural gas processing plant linked to Zohr field with an overall capacity expected to reach to 2.7bcf/d of gas by 2020, reported Al Borsa News. E...
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 $...
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Oil Ministry has assured that the industry is currently stable despite the ministry’s anticipations of losing its partners due to the latest decrease in oil prices, Mohamed Taher, First Undersecreta...
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 ...
Eight Energy Firms Apply for Offshore Gas Drilling Rights in Cyprus
Eight energy companies have submitted six applications for winning exploratory drilling rights in blocks six, eight, and ten in Cyprus’ Exclusive Economic Zone (EEZ). The names of the companies are yet to be revealed,...
Egypt’s Four Gas Fields to Resolve Energy Crises by 2019
A source at the Ministry of Petroleum and Mineral Resources stated that Egypt’s four key natural gas fields represent a path for helping the country resolve its energy crises by 2019, Egypt Oil&Gas reported....
Zohr Gas Reserves Estimates Rise to 32tcf
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 a formerly estima...
