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Noble Energy acquires stake in EMG gas pipeline

Noble Energy acquires stake in EMG gas pipeline

Noble Energy and its partners have acquired a 39% equity stake in the Eastern Mediterranean Gas Company (EMG), the holding company of the Eastern Mediterranean Gas pipeline (EMG gas pipeline). The US-based oil and gas company’s total acquisition cost of the EMG Pipeline is valued at $185 million while the company has gained a 10% […]

Eni discovers new resources in Sidri development lease in Gulf of Suez

Eni discovers new resources in Sidri development lease in Gulf of Suez

Italian oil and gas giant Eni has pulled off the discovery of new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, offshore Egypt. The discovery was made by the Petrobel, the operating company, which is held equally by Eni and the Egyptian General Petroleum Corporation (EGPC), through the drilling of an […]

Baltim South West gas field in Egypt brought on stream by Eni, BP

Baltim South West gas field in Egypt brought on stream by Eni, BP

Baltim South West project : Eni and BP have started production from the Baltim South West gas field in the Egyptian waters of the Mediterranean Sea. The Baltim South West gas field is located in the Baltim South development lease, located in the shallow waters of Nile Delta, and contained in 25m of water depth. […]