"Zohr" News

Bucking the trend

Apr 01, 2016

Chad Barnes reports that contrary to current industry norms, contracting activity in the Eastern Mediterranean and North Africa region is on the rise. The Eastern Mediterranean gas landscape and a focus on Egypt…

Sea of opportunity

Apr 01, 2016

Heather Saucier examines the geology of the Mediterranean and North African region, and assesses where more discoveries could be made. The location of four assessment units in the Nile Delta Basin Province in the Eastern Mediterranean…

Egypt’s breadbasket

Apr 01, 2016

Italian major Eni has found what could be the biggest gas deposit in the Mediterranean and the company is eager to develop it. Jerry Lee reports. Egypt Nile Delta. The Zohr discovery, in the Shorouk block…

Eni in first Zohr test success

Mar 10, 2016

The first production test at Eni’s Zohr 2X appraisal well delivered some 44 MMcf/d of gas, offshore Egypt. Eni CEO Claudio Descalzi. Image from Eni. The Zohr 2X well, Eni’s first appraisal well on its giant Zohr discovery…

Charting demand

Mar 01, 2016

35 offshore projects and 100 rig years have slipped after the oil price collapse. Oddmund Føre, Analyst, Rystad Energy, explains. The market for oilfield services is hurting and offshore drilling is no exception. The global market for…

Eni: Zohr a mega tank of natural gas

Feb 26, 2016

Italian oil major Eni has completed its first appraisal well on the giant Zohr gas discovery in the deep water Shorouk block offshore Egypt. The firm, which is now preparing for a well test, says the latest well on Zohr confirms the Zohr…

Eni: 2017 Zohr start-up goal

Feb 22, 2016

Italian explorer Eni hopes to start production from the giant Zohr gas field offshore Egypt by the end of 2017, after being approved to take over the development lease from Egypt's national Natural Gas Holding Company (EGAS). Zohr, described as Egypt's largest gas field to date…

First cut is the deepest

Jan 01, 2016

OE reached out to analysts Wood Mackenzie and IHS Energy to find out the view on the next 12-18 months. And the outlook is not so great for exploration spend. Audrey Leon and Elaine Maslin report. Wood Mackenzie Image from iStock…

Petroceltic sheds stakes, mulls sale

Dec 28, 2015

Petroceltic has opted to exit stakes in Greece and Egypt, following an announcement by the company's board that it has initiated a formal strategtic review of its business and assets due to breaching debt repayment obligations. In the 23 December announcement…

Bumper crop

Dec 01, 2015

Despite the massive cut backs the industry is facing, including cuts to exploration programs, drill bits continued to spin in 2015. Elaine Maslin reports. Atwood Achiever. Photo from Atwood Oceanics…

Eni in US$2 billion Egypt investment

Nov 12, 2015

Italian giant Eni and the Egyptian Government entered into an agreement for three amendments for the IEOC concessions, both onshore and offshore Egypt that will see the Italian giant make an additional investment of more than US$2 billion in the next four years…

Surveying Mediterranean prospects

Nov 01, 2015

Jerry Lee reports on all the exploration and production activity currently ongoing in the Mediterranean and North Africa. The Maersk Discoverer drilling in Egypt’s East Mediterranean Sea. Photos from BP…

Mediterranean gridlock

Nov 01, 2015

The Mediterranean and North African region is largely considered to be a promising frontier oil and gas area, and yet, border tensions, and internal disputes have seriously held back exploration efforts. Audrey Leon surveys the prospects…

Eni CEO meets with Israeli officials

Oct 29, 2015

Eni CEO Claudo Descalzi met with Israel’s Prime Minister Benjamin Netanyahu and Energy and Water Minister Yuval Steinitz in Jerusalem today (29 October) to discuss potential joint development of natural gas in the Eastern Mediterranean as…

IHS: Zohr holds new potential

Oct 28, 2015

New analysis is estimating that Eni’s Zohr natural gas discovery has significant technical, commercial, and strategic implications for the gas market in Egypt, according to IHS Energy. Map of Zohr…

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