Egypt News

 

Eni Finds More Gas Offshore Egypt

Sep 16, 2020

Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday said the new discovery was located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.The company made the discovery while drilling the Nidoco NW-1 exploratory well…

Egypt Launches Tender for Oil and Gas Exploration

Aug 27, 2024

Egypt's petroleum ministry on Tuesday announced an international tender seeking bids for natural gas and crude oil exploration in the Mediterranean Sea and the Nile delta, 10 offshore blocks and two onshore blocks.The deadline for bids is Feb…

Shell to Acquire Exxon's Block 3 Offshore Egypt

May 18, 2022

A subsidiary of Shell plc, BG International, signed a farm-out agreement (FOA) with ExxonMobil Egypt to acquire a 100% stake in the Exxon Mobil-operated North East El-Amriya offshore area, Mediterranean Sea, also known as Block 3, a Shell statement said on Wednesday…

Neptune Energy Names New Managing Director for Egypt

Nov 24, 2020

Oil and gas company Neptune Energy has appointed Mohamed Mounes Shahat to the role of Egypt Managing Director, based in Cairo. Mounes, who will start in December, joins Neptune from Egypt’s Ministry of Petroleum, having most recently held the position of Minister’s Advisor for Gas Affairs…

Egypt: BP Brings Online Qattameya Offshore Gas Field

Oct 26, 2020

Oil and gas major BP has started gas production from its Qattameya gas field in the East Nile Delta offshore Egypt.The field, discovered in 2017 and located in the North Damietta offshore concession, is ‎expected to produce up to 50 million cubic feet of gas per day…

Egypt Says Turkish Seismic Survey Plans Could Encroach on Its Waters

Aug 03, 2020

Egypt said on Saturday that part of a seismic survey planned by Turkey in the eastern Mediterranean potentially encroached on waters where Cairo claims exclusive rights.An advisory issued last month by Turkey for the survey overlaps with Egypt's exclusive economic zone (EEZ)…

Eni Strikes Gas at Bashrush Well Offshore Egypt

Jul 01, 2020

Italian energy company Eni has made a gas discovery with the first exploration well in the North El Hammad license, waters of the Nile Delta, on the prospect called Bashrush.The new discovery is located in 22 meters of water depth, 11 km from…

Shelf Drilling Loses Drilling Contract in Egypt

Jun 19, 2020

Shelf Drilling has seen another offshore rig contract terminated, this time for a jack-up rig for which it had secured a one-year contract extension in March.Namely, the Dubai-based jack-up drilling contractor in March said it had won a contract extension for the Trident 16 jack-up rig…

WesternGeco Wraps OBN Survey at Neptune's Egypt Block

May 07, 2020

Schlumberger's seismic division WesternGeco has completed an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis, Neptune Energy, which prefunded the project…

Shelf Drilling Nets One-Year Rig Deal in Egypt

Mar 09, 2020

Jack-up drilling leasing company Shelf Drilling has won a contract extension for one of its offshore drilling units in Egypt.The drilling contractor said Monday it had won a one-year contract extension for the Trident 16 jack-up rig. The contract…

Maersk Drilling Scores One-Well Rig Deal in Egypt

Mar 03, 2020

Danish offshore drilling contractor Maersk Drilling has secured a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt with an unnamed client.The contract has an estimated duration of 21 days and is expected to start in March 2020…

Egypt: Vantage Drilling to Train Local Workforce

Feb 14, 2020

Vantage Drilling has signed an agreement in Egypt to train local workforce in the space of offshore drilling.A Memorandum of Understanding has been signed by Ihab Toma CEO of Vantage Drilling, Osama El Bakly, Chairman of Egyptian Natural Gas…

Neptune Energy Takes Gulf of Suez Block

Feb 12, 2020

Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…

Egypt: BP to Bring Raven Project Online by 2020 End

Feb 05, 2020

BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field…

Churchill Boasts 'Record-Breaking' Entry into Egyptian Market

Feb 04, 2020

Churchill Drilling Tools, oilfield services firm specializing in drilling equipment has entered the Egyptian offshore oil and gas market after an undisclosed operator ran five Churchill tools in its drill-string.'Egypt is just one of a number…

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