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%)
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Dana Gas considering sale of Egypt assets
This comes as the company seeks to focus on its assets in the Kurdistan Region of Iraq, where the majority of its reserves are located
Dana Gas plugs offshore Egypt Merak-1 well failing commercial discovery
Block six contains three other independent prospects, the potential of which are “unaffected by the Merak-1 well result,” according to Dana Gas
Wintershall DEA expands presence in Egypt with $500mn investment
Investments in the company’s Egyptian oil and gas business have led to a boost in production
Eni starts production in Western Desert, makes new discoveries onshore Egypt
Production of the South West Meleiha permit started-up with some 5,000 barrels of oil per day. Two new oil discoveries in the Meleiha development permit, a gas discovery in the new onshore El Qar’a exploration lease in the Nile Delta and a new oil discovery in the Gulf of Suez in the development lease of Abu Rudeis Sidri were also made.
Dana Gas receives $48mn from Egypt operations in June
The Egyptian government has set a target of paying all overdue receivables by the end of 2019
ADES secures new contract in Egypt and extends contract in Algeria
The contracts involve both onshore and offshore rigs
BP agrees to sell Egypt GUPCO stake to Dragon Oil
Dragon Oil, the upstream arm of ENOC, will add 70,000 barrels per day of production to its portfolio through the acquisition
Dragon Oil CEO on Egypt acquisition and regional expansion
Dragon Oil CEO Ali Al Jarwan speaks out about his company’s plans to acquire an asset in Egypt to add 70,000 barrels per day of production to its portfolio, and where the company is going next in its regional expansion.
Dragon Oil CEO comments on Egypt acquisition and regional expansion
In an exclusive interview with Oil & Gas Middle East, Dragon Oil CEO Ali Al Jarwan revealed the company’s progress on its $13bn expansion plans