Italy's giant Eni has conducted two exploration expeditions in the Noras field in the shallow waters of the Nile Delta, and the Zohr field in the deep waters of the Mediterranean Sea, Eni's Chief Exploration Officer, ...
Tarek El-Molla, Minister of Petroleum and Mineral Resources, held the second monthly meeting with the higher committee - EGAS, EGPC, Petrobel, and ENI to follow up on the implementation phases of the Zohr field and e ...
Italy's Eni plans to invest about $22.5b in Africa over the next four years, mostly in the oil and gas industry, the company's CEO, Claudio Descalzi, said. Currently, the Italian company is involved in projects in 15 ...
Cyprus has launched a third licensing round for offshore oil and gas drilling in the Mediterranean Sea, on the island’s southern coast. Blocks 6, 8, and 10 of the country's Exclusive Economic Zone are up for grabs.
Minister of petroleum and Mineral Resources, Tarek El Molla approved the formation of the joint venture company, PetroShorouk Petroleum, for the development of the Zohr field. The joint venture is between the Egyptia ...
Israel is on the verge of new major gas finds in its territorial waters as an Israeli exploration group led by Isramco Negev and Modiin Energy cited a "best estimate" resource report for two offshore fields, Daniel E ...
Petro Shorouk, the subsidiary of Petrobel, which will be tasked to complete the first stage of development of the Zohr Field by the end of 2017, is near official formation.
Eni’s discovery of the Zohr field on Egypt’s Mediterranean coast has raised foreign companies' interest and attracted potential investments in the deep water areas nearby.