Current production from the gas field jumped to 2.7 Bcm/d
zohr
Dana Gas collections increase 16.7% to $230mn in first nine months of 2019
Its collections came from Egypt, the UAE, and its share of Pearl Petroleum Company in the Kurdistan Region of Iraq
Eni discovers new resources in the Gulf of Suez offshore Egypt
A rapid development plan is underway for the discovery with a “fast-track” approach, leveraging on existing infrastructures in the vicinity of the well and maximizing facilities
Zohr gas production reaches 2.7 bcfd as Eni starts up new pipeline
The start-up of the 2nd 30” pipeline has enabled the production to reach 2.7 bcfd and paves the way for a potential increase to plateau rate of 3.2 bcfd by the year end
Output from Egypt’s giant Zohr gas field more than tripled in H1 2019
Zohr, the largest gas field in the Mediterranean, is a concession between Italian Eni S.p.A. (50%), Rosneft (30%), British BP (10%), and Mubadala Petroleum (10%)
Egypt launches international bidding round for 10 Red Sea exploration blocks
The ministry said this falls within its strategy to “achieve optimum economic utilisation of all potentials and natural resources to contribute to the sustainable development of Egypt”
BP will reportedly invest $1.8bn in Egypt in 2019
BP CEO Bob Dudley noted that since 2017, BP has invested more in Egypt than any other country