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Red Sea Block 4 : Mubadala Petroleum signs concession agreement with Egyptian govt

Red Sea Block 4 : Mubadala Petroleum signs concession agreement with Egyptian govt

Mubadala Petroleum, a UAE-based oil and gas company, has inked a concession agreement with the Egyptian Ministry of Petroleum and Mineral Resources to take a participating stake of 27% in the Red Sea Block 4, an oil and gas exploration block in Egyptian waters. The operator of the Red Sea Block 4 is Royal Dutch […]

NEA/NI project : Energean reaches FID on $235m offshore gas project in Egypt

NEA/NI project : Energean reaches FID on $235m offshore gas project in Egypt

Energean has reached a final investment decision (FID) on the North El Amriya and North Idku (NEA/NI project), a $235 million subsea tieback project located offshore Egypt. The North El Amriya block contains a couple of discovered and appraised gas fields, namely Yazzi and Python. The North Idku block, on the other hand, contains four […]

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

Assiut oil refinery in Egypt : TechnipFMC set to begin EPC work on new hydrocracking complex

TechnipFMC has completed the remaining conditions needed to begin work on the engineering, procurement, and construction (EPC) contract for the construction of a new hydrocracking complex for the Assiut oil refinery in Egypt. The more than $1 billion contract was awarded by Assiut National Oil Processing Company (ANOPC). Under the contract, TechnipFMC will provide EPC […]

Qattameya gas field : bp begins production from offshore Egyptian field

Qattameya gas field : bp begins production from offshore Egyptian field

Oil and gas giant bp has commenced production from the Qattameya gas field in the North Damietta offshore concession in the Nile Delta in Egypt. bp, through its joint venture – Pharaonic Petroleum Company (PhPC), has developed the shallow water gas field via a one-well subsea development and tie-back to existing infrastructure.‎ The oil and […]

Eni, BP make new gas discovery in Great Nooros Area in Egyptian waters

Eni, BP make new gas discovery in Great Nooros Area in Egyptian waters

Italian oil and gas giant and BP have made a new gas discovery in the Great Nooros Area in the Mediterranean Sea in Egypt through the drilling of the Nidoco NW-1 exploratory well in the Abu Madi West Development Lease. The new gas discovery in Egypt was made in the conventional waters of the Nile […]

Eni makes Bashrush gas discovery in Nile Delta, Mediterranean Sea

Eni makes Bashrush gas discovery in Nile Delta, Mediterranean Sea

Bashrush gas discovery : Eni, BP, and Total have made a new gas discovery in the Mediterranean Sea off the Egyptian coast following the drilling of the first wildcat well targeting the Bashrush prospect in the North El Hammad license. The new gas discovery in the Nile Delta is located in 22 meters of water […]

North West El Amal block : Neptune Energy completes OBN multiclient survey

North West El Amal block : Neptune Energy completes OBN multiclient survey

Neptune Energy has wrapped up an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block in Egyptian waters, which it says has delivered promising results for additional analysis. Prefunded by Neptune Energy, the OBN multiclient survey project was executed by WesternGeco, the seismic and geophysical data solutions unit of Schlumberger, under […]

United Oil and Gas wraps up acquisition of Rockhopper Egypt

United Oil and Gas wraps up acquisition of Rockhopper Egypt

United Oil and Gas has completed its previously announced $16 million acquisition of Rockhopper Egypt from Rockhopper Exploration to enter into the producing Abu Sennan block in Egypt. The deal, which was announced in July 2019, was closed after satisfying preceding conditions. Rockhopper Egypt holds a 22% non-operating stake in the onshore Abu Sennan concession. […]

South Disouq gas block : SDX Energy begins drilling of Salah well

South Disouq gas block : SDX Energy begins drilling of Salah well

UK-based SDX Energy has started drilling of the SD-6X well (Salah well) at the onshore South Disouq gas block in the Nile Delta in Egypt. The MENA-focused oil and gas company had a working interest of 55% in the South Disouq concession where it is partnered by US-based IPR Energy Group. Production from the South […]

EBRD offers $50m loan to upgrade SOPC oil refinery in Egypt

EBRD offers $50m loan to upgrade SOPC oil refinery in Egypt

The European Bank for Reconstruction and Development (EBRD) is providing support to Egypt’s greener oil and gas sector with a $50 million loan to upgrade the oil refinery owned by Suez Oil Processing Company (SOPC). The proceeds from the loan will be utilized for improvements of the operational efficiency of the Egyptian oil refinery which […]

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