Egypt
News
January 01, 2018
For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king.
News
December 22, 2017
Italian energy giant Eni SpA wanted to produce gas from the Zohr field little more than two years after finding it in August 2015.
News
December 20, 2017
TGS and Schlumberger today announced a new 2D seismic project offshore Egypt.
News
December 19, 2017
A.P. Møller - Mærsk A/S [A.P. Moller - Maersk] and Egyptian General Petroleum Corporation [EGPC] has signed an agreement whereby EGPC will acquire A.P. Moller - Maersk’s 50% shareholding in Egyptian Drilling Company [EDC] for $100 million in an all-cash transaction.
News
December 18, 2017
Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its goal of energy self-sufficiency.
Article
December 2017
Two unique strategies for offshore development
News
December 10, 2017
Pilot production at Egypt’s Eni SpA-operated Zohr natural gas field will begin “in the coming few days,” the oil ministry said, as the country nears its goal of commercial output from the biggest gas discovery in the Mediterranean Sea by the end of this year.
News
November 26, 2017
Government ministers from Egypt and Israel held a call last week to discuss the potential sale of Israeli gas to Egypt, according to a person with direct knowledge of the matter.
News
November 16, 2017
ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, is pleased to announce that it has been awarded a new contract for its ADMARINE III offshore jackup rig.
News
November 15, 2017
Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this year at the giant Eni SpA-operated Zohr field off the country’s Mediterranean coast, Oil Minister Tarek El-Molla said.
News
November 15, 2017
ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES S.A.E has entered into a long-term joint venture (JV) agreement with a subsidiary of Vantage Drilling International.
News
November 13, 2017
The newly named MV Kobi Ruegg has joined Fugro’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea.
News
October 20, 2017
Egypt is paring down its requests for liquefied natural gas.
Article
October 2017
Middle East/North Africa grapples with production cut commitment, despite urge to boost output
News
October 10, 2017
Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A.
News
August 15, 2017
Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, has provided the following update concerning the Abu Sennan drilling concession, onshore Egypt.
News
August 08, 2017
Egypt is opening the door to private participation in its natural gas sector, moving to end the state’s monopoly as it pushes ahead with reforms meant to encourage investment and revive the economy.
News
July 28, 2017
Saipem and Petrobel have finalized offshore contract variations worth $900 million for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimized Ramp Up” phase of the giant Zohr field development project, situated in the Mediterranean Sea off the Egyptian coast.
News
July 21, 2017
Global energy services and technology company, AGR, has signed a SaaS (Software as a Service) contract with Dana Gas PJSC to supply the latest version of its P1 software.
News
July 17, 2017
Three recently discovered major gas fields are expected to raise Egypt's natural gas output by 50% in 2018 and 100% in 2020, the petroleum ministry said.
News
July 05, 2017
Foreign ministers from Egypt, Saudi Arabia, the United Arab Emirates and Bahrain on Thursday started a meeting in Cairo on the Qatar crisis, hours before a deadline for Doha to meet demands set by the four Arab nations, an Egyptian Foreign Ministry official told Reuters.
