Egypt News

Egypt: TGS, Schlumberger in Red Sea 3D Survey

Apr 06, 2022

Norwegian seismic data firm TGS, has announced a new 3D seismic survey in the Red Sea, offshore Egypt, in partnership with the oilfield services giant Schlumberger.This is the second phase of the new acquisition for the two companies in the region and will encompass a minimum of 5…

QatarEnergy Buys Into ExxonMobil's North Marakia Offshore Block in Egypt

Mar 29, 2022

Qatari national oil and gas company, QatarEnergy, has agreed with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.QatarEnergy will hold a 40% working interest in the contractor’s share in the North Marakia Offshore Block in the Mediterranean Sea…

Managing Director of Neptune Energy Egypt Passes Away

Feb 17, 2022

Neptune Energy Egypt Managing Director Mohamed Mounes Shahat passed away Thursday, the oil and gas company has informed.'It is with profound shock and sadness that we announce the death of Engineer Mohamed Mounes Shahat, Managing Director of Neptune Energy…

Israel OKs Gas Flow to Egypt through Jordan

Feb 16, 2022

More Israeli natural gas will flow to Egypt via a new route through Jordan by the end of February, Israel's Energy Ministry said on Wednesday.The ministry said the new route was approved because of growing demand in Egypt, which produces its…

Minister: Israel Will Not Object If Exported Gas Reaches Lebanon

Feb 15, 2022

Israel's energy minister said on Tuesday that it would not be a problem if Israeli natural gas that is exported to Egypt makes its way to Lebanon, a long-time enemy that is dealing with an energy crisis.Lebanon has already signed a deal with…

Havfram Wins SURF Deal at Zohr Field Offshore Egypt

Feb 21, 2022

Offshore installation firm Havfram has won a contract for subsea umbilicals, risers, and flowlines support work in Egypt for Saipem. The contract will see Havfram deploy a laying and construction vessel offshore Egypt to the Zohr field, the largest gas field in the Mediterranean Sea…

Wintershall DEA Exits Gulf of Suez Offshore Oil Block After 38 Years

Feb 03, 2022

After 38 years of production, German oil and gas company Wintershall DEA has transferred its stake in the Gulf of Suez Concession to the Egyptian General Petroleum Corporation.“The Gulf of Suez concession will always be a proud part of our history in Egypt…

Eni Wins Five Oil and Gas Exploration Blocks in Egpyt

Jan 10, 2022

Italian oil and gas firm Eni said Monday it had won five new exploration licenses in Egypt, granted by the Egyptian Ministry of Petroleum. The licenses, four of which as Operator, are in the Egyptian offshore and onshore, and follow the participation…

ADES to Buy Three Jack-up Rigs from Vantage Drilling for $170M

Dec 21, 2021

Offshore drilling firm Vantage Drilling has agreed to sell its subsidiary Emerald Driller Company (“EDC”) to ADES for $170,000,000 in cash subject to certain adjustments. EDC is the owner of the Emerald Driller jackup rig, which is operating in Qatar…

QatarEnergy Buys Into Shell's Offshore Blocks in Egyptian Red Sea

Dec 13, 2021

Qatari national oil and gas company QatarEnergy has agreed to buy working interests in two offshore exploration blocks on the Egyptian side of the Red Sea from Shell. QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4.Block…

Israel Looking to Boost Gas Exports to Egypt via New Onshore Pipeline

Oct 21, 2021

Israel is considering the construction of a new onshore pipeline to Egypt in order to quickly boost natural gas exports to its neighbour in the wake of the recent tightening of global supplies, the Israeli energy ministry said.The pipeline,…

Greece Teams up with Egypt on Gas Supply, Infrastructure

Nov 25, 2021

Greece and Egypt agreed on Thursday to expand their cooperation in the supply of liquefied natural gas (LNG) and examine the possibility of constructing a subsea gas pipeline between the two countries, the Greek energy ministry said.Greece, which mainly imports gas from Algeria…

Red Sea Survey for PXGEO

Nov 16, 2021

Offshore seismic data acquisition services company PXGEO has said it has won a contract for a survey in the Red Sea, offshore Egypt.PXGEO said the project would start in November 2021. The project will take about four months to complete. The company…

Egypt: TGS, Schlumberger in Red Sea Seismic Survey Project

Oct 29, 2021

Seismic data firm TGS and oilfield services giant Schlumberger have teamed up in a 3D seismic survey project in the Red Sea, Egypt.TGS said Friday the project would cover around 6,800 square kilometers and would be acquired with long offsets…

Lebanon-Israel Maritime Border Talks Need to Be Quick, U.S. Mediator Says

Oct 22, 2021

The U.S. mediator for indirect talks on border demarcation between Lebanon and Israel said on Thursday that the negotiations he was hoping to revive should be concluded in a short period if they were to succeed.Amos Hochstein, speaking to Al Hadath TV during a visit to Beirut…

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