Egypt

News
November 07, 2016
Saudi Arabian Oil Co. halted shipments of oil products to Egypt indefinitely, Egyptian Oil Minister Tarek El-Molla said, forcing the Arab world’s most populous nation to buy fuels on world markets at higher cost.
News
October 20, 2016
Subsea 7 has been awarded a substantial contract by Pharaonic Petroleum Company. The contract is to be executed at Atoll field, offshore Egypt, at water depths of over 900 m.
News
September 27, 2016
BP announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.
News
September 22, 2016
Eni has upgraded the potential of Baltim South West field to 1 Tcf of gas in place following the results of the Baltim South West 2X appraisal well, which was drilled immediately after the discovery well.
News
May 18, 2016
Israel and Egypt are nearing a compromise that would sweep away a major obstacle to a multi-billion-dollar natural gas deal.
News
March 14, 2016
OneSubsea, a Cameron and Schlumberger company, has been awarded a contract from BP Exploration (Delta) Ltd., and partner DEA (Deutsche Erdoel AG), to supply subsea production systems for West Nile Delta Giza/Fayoum and Raven fields, situated offshore Egypt.
News
March 10, 2016
Eni has successfully performed the production test of Zohr 2X, the first appraisal well on the Zohr discovery, in the Shorouk block, offshore Egypt.
News
February 26, 2016
Eni successfully drilled the Nidoco North 1X well, in the exploration prospect of Nooros East, located in the Abu Madi West license, in the Nile Delta, Egypt.
News
December 06, 2015
The Egyptian Government ordered its oil and gas arms to freeze talks on importing Israeli natural gas after an international arbitration court ordered the Arab world’s most populous nation to pay a fine of almost $1.73 B to Israel.
News
October 12, 2015
MILAN, Italy -- Eni has been awarded two new exploration licenses—North El Hammad and North Ras El Esh—offshore Egypt in the Mediterranean Sea, as a result of the 2015 EGAS bid round.
News
September 08, 2015
Israel’s parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped expectations for regional exports.
News
September 01, 2015
Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to itself, heightening competition among gas producers in the Middle East and Africa.
News
August 30, 2015
Eni has discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.
News
June 02, 2015
Dana Gas has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt.
News
April 23, 2015
HOUSTON -- OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development, offshore Egypt.
News
March 16, 2015
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, has signed with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the country, while preserving the return of Eni’s investments.
Article
October 2014

Despite geopolitical turmoil, Middle Eastern and North African exploration and licensing activity levels remain strong, with the MENA region producing over one-third of the world's oil and one-fifth of global gas.

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