The Egyptian General Petroleum Corp. (EGPC) and Italian giant Eni entered into a US$2 billion deal for exploration and development activities offshore Egypt. Image from Egypt Ministry of Petroleum…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
BP increased its interest in the US$12 billion West Nile Delta (WND) project in Egypt after partner DEA farmed down its stake. Map of Nile Delta. From DEA. According to DEA, the…
OneSubsea is getting a piece of BP’s West Nile Delta Taurus Libra development offshore Egypt by snagging a multi-million dollar subsea contract. Image from OneSubsea. The scope…
This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…
The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation…
East Mediterranean Gas Co. (EMG) is denying any involvement in the US$1.2 billion deal made last week between the Tamar partners and Dolphinus Holdings to export natural gas from Israel to Egypt using the EMG pipeline. Tamar map…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region. Taking time out…
The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production…
BP made its second gas discovery in the East Mediterranean Sea at its North Damietta Offshore concession in the East Nile Delta. Image from BP. The discovery was made at the Atoll…
Italian giant Eni is investing an estimated US$5 billion dollars for the development of oil and gas resources in Egypt, including the development of 200 MMbbl and 1.3 TCF of gas. Image from Eni. Egyptian…
The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek. For the first three years of the seven-year contract…
BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
Polarcus won a contract from an undisclosed client for a 3D marine seismic project offshore Egypt using Polarcus' RightBAND technique for broadband data acquisition. The project will begin 1Q 2015 and is expected to run for about 50 days.
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