Egypt News

PGS Expands Seismic Survey in Egypt’s West Mediterranean

Jan 18, 2024

Norwegian offshore seismic survey firm PGS has started acquiring data on the EGY24 Nefertiti survey using the Ramform Hyperion vessel.The 3D GeoStreamer survey is the latest in a series of PGS surveys offshore Egypt, expected to enable better…

Mideast Conflict Dims Prospect of More Egyptian LNG Exports to Europe

Nov 09, 2023

The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports from Israel, Oxford Institute of Energy Studies (OIES) said.Egypt shipped…

Shell Strikes Gas Offshore Egypt

Nov 22, 2023

Shell Egypt said Tuesday it had completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the North East El-Amriya block, in the Mediterranean Sea, discovering a gas bearing reservoir. Drilling activities…

Jan De Nul Group Could Install 1000km Subsea Power Cable Between Egypt and Europe

Nov 20, 2023

Offshore installation contractor Jan De Nul Group said Monday it had signed an agreement with the Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), to start the study for the construction of an undersea export cable between Egypt and Europe…

Israeli Gas Exports to Egypt Resume But in Small Quantities

Nov 03, 2023

Israeli natural gas exports to Egypt have resumed after a disruption last weekend but in small volumes, an official in Egypt's petroleum ministry said on Thursday, without specifying the current flow.Three people with knowledge of the matter also told Reuters on Tuesday the flow had resumed…

Egypt's Gas Imports Drop to Zero from 800 mcfd - Cabinet

Oct 30, 2023

Egypt's natural gas imports fell to zero from 800 million cubic feet (mcf) per day, leading to more power cuts, the Egyptian cabinet said in a statement.The Egyptian government has increased the duration of electricity cuts as a result of a…

LNG Tanker Diverts from Egypt Terminal as Gas Flows from Israel Ebb

Oct 19, 2023

A tanker seeking to fill up liquefied natural gas (LNG) at a terminal in Egypt left empty and diverted to another port, after an Israeli pipeline supplying gas was halted due to Israel-Hamas conflict, analysts said on Thursday.The Seapeak Catalunya…

Middle East Conflict Threatens Regional Gas Market, Could Affect Europe's LNG Supplies - Rystad

Oct 19, 2023

The ongoing conflict between Israel and Hamas, the Palestinian militant group, poses a serious threat to the regional natural gas market and could have knock-on effects on Europe’s liquefied natural gas (LNG) supply as winter approaches, Rystad Energy…

Chevron Halts Exports Through Major Subsea Pipeline Between Israel and Egypt

Oct 13, 2023

Chevron has halted natural gas exports through a major subsea pipeline between Israel and Egypt and is supplying gas via an alternative pipeline through Jordan, the company said on Tuesday.The decision to halt exports via the East Mediterranean…

QatarEnergy Expands Footprint in Egypt with East Port Said Exploration Block Win

Oct 04, 2023

QatarEnergy confirmed Wednesday it had won a new exploration block offshore Egypt as part of the 2022 EGAS International Bid Round.The results of the competitive bid process were announced by Egypt’s Ministry of Petroleum and Mineral Resources…

Israeli Energy Sites Impacted by the Gaza Conflict

Oct 16, 2023

Israel, which has become a major gas exporter in recent years, has shut down several major energy sites since Hamas militants attacked southern Israel on Oct. 7, sparking a wider conflict in the Gaza Strip.Following are the sites impacted by the conflict so far:THE TAMAR GAS FIELDIsrael on Oct…

Egypt Launches Oil and Gas Exploration Bidding Round

Sep 25, 2023

Egypt's petroleum ministry launched an international bidding round on Monday for exploration in 23 open blocks, with the offer deadline set for Feb. 25. The round includes 10 areas in Egypt's Western Desert, two in the Eastern Desert, seven in the Gulf of Suez…

Egypt Awards Oil and Gas Exploration Blocks to Eni, BP, QatarEnergy, and Zarubezhneft

Sep 26, 2023

Italy's Eni was the big winner in an Egyptian auction for oil and gas exploration rights on Tuesday, securing concessions for two of the four blocks outright, according to results from the petroleum ministry. The company also won a third block with BP and QatarEnergy in the Mediterranean Sea…

Israel Will Expand Gas Exports to Egypt

Aug 23, 2023

Israel on Wednesday said it will boost natural gas production from its offshore Tamar field and increase exports to Egypt, which is contending with rising demand and falling output.Exports to Egypt will be increased by an additional 38.7 billion cubic meters (bcm) of natural gas over 11 years…

North Africa Will be Italy's Key Gas Supplier for Years, Eni Top Exec Says

Sep 12, 2023

Algeria, Egypt, and Libya will be Italy's main gas suppliers for the next few years, Eni's head of natural resources told Reuters, adding that the energy group would invest heavily in Africa both in exploration and in new low-carbon projects…

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