Italian oil major’s findings suggest Faghur Basin could provide new production area for the firm in North Africa.
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Mubadala completes acquisition of 10% stake from Italy’s Eni in Shorouk concession in Egypt
The Zohr field was discovered by Eni in August 2015 and is the largest natural gas field ever found in the Mediterranean, with a total potential of up to 30 trillion cubic feet of gas in place.
SDX Energy announces gas discovery in Egypt
The SD-4X well was drilled to a total depth of 7,806 feet and encountered 89 feet of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 24%.
Dana Gas receives $40mn from Egyptian government
UAE based natural gas producer has now received almost $90mn so far this year from the North African nation.
Mubadala buys 10% stake in Eni’s Egyptian Shorouk gas concession
Subsidiary of Mubadala Investment Company acquires stake in vast offshore gas field in Mediterranean Sea.
BHGE signs Egypt MoU
The agreement aims to attract new investment in Egypt’s oil and gas sector.
Egypt’s Zohr gas field to yield 350mcf/d by 2017-end
Production from the giant gas field off Egypt’s Mediterranean coast would increase to around 1 bcf/d by mid-2018, Reuters reported citing the country’s Petroleum Ministry
Bonatti Group wins contract for Egypt’s Zohr gas field
Bonatti’s scope of work is focussed on the onshore area of the project, and includes the supply of key services, material and equipment
Egypt signs E&P deals worth $81.4mn with Shell, Apex
The three agreements would see Shell invest $35.5mn as per the first deal, and the other two would see Apex invest a combined $45.9mn on two projects
Aramco delivers 4 oil shipments to Egypt in March
Saudi Arabia agreed in April last year to provide Egypt with 700,000 tonnes of refined oil products a month for five years, but the cargoes stopped arriving in early October