Zohr | Egypt Oil & Gas - Part 13

Egypt Seeking to Resolve Energy Crisis by 2019

The government has revealed the details of the program to completely resolve the energy crisis by the end of 2019, according to a government source.

Eni: Egypt’s Noras Field Reveals Large Gas Reserves

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, ...

Oil Minister Evaluated Zohr Operation Developments

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 ...

Eni Plans to Invest $22.5b in Africa Over Next Four Years

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 Lauches Third Offshore Bidding Round

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.

Ministry of Petroleum Announces the Launch of PetroShorouk

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 On Verge of New Offshore Gas Finds

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 ...

Petrobel to Complete Zohr First Stage by 2017

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.

Zohr Discovery Boosts Investment Interests in Mediterranean

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.

Drilling Begins at Zohr Field

ENI has begun drilling at Egypt's Mediterranean Zohr field. The company is expected to invest $12b in 20 wells to be completed over 26 months.

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