Oil & Gas News
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Eni to Resume Zohr Gas Field Operations by January 2025
Over the past six months, 105 new oil wells have been drilled, adding 64,000 barrels per day to production, Madbouly added.
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10 fascinating facts about Egypt and Eni’s $150M LNG terminal plans
With energy demand rising and domestic production declining, the project reflects Egypt’s evolving strategy to secure its energy future.
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ExxonMobil Strikes Natural Gas in Egypt’s Mediterranean Waters
Exxon announced its entry into the North Marakia block in 2019 and sold a 40% stake to QatarEnergy in 2022.
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Egypt, Italy's Eni discuss establishing $150 mln LNG import terminal in Damietta
Egypt and Italian energy company Eni are discussing establishing a new liquefied natural gas (LNG) import terminal in Damietta on the Mediterranean.
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Petroshahd Plans $31M in Investments in 2025/26
The plan aims to increase the company’s daily production rate, which currently stands at about 10,500 barrels per day (b/d) of crude oil.
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bp Adds 2 Wells to Production, Launches Exploration Operations at Elking Offshore Egypt
In July 2024, Minister of Petroleum and Mineral Resources Karim Badawi visited Volaris DS12 to oversee the drilling activities
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Egypt become regional hub for gas
He highlighted aspects of joint cooperation between the three countries in the domain of renewable energy, adding that several renewable energy.
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Egypt to pay US$1 billion in foreign oil companies dues
According to informed sources, the Egyptian government is heading towards paying one billion dollars in dues of foreign oil companies this January.
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A drilling ship is set to arrive in Egypt this month
Eni begins work to boost production from the giant Zohr offshore gas field, according to Egypt's petroleum ministry.
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Egypt denies delay in gas production from Zohr field
The Ministry of Petroleum and Mineral Resources denied Thursday the false news circulating regarding the delay in gas production from the Zohr.
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Compressed natural gas to power 1 million cars in Egypt
Egypt is embarking on an ambitious plan to convert over 1 million vehicles to run on compressed natural gas (CNG) in 2025, what does that mean?
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Madbouly Reviews Plans to Launch Natural Gas Vehicle Conversion Initiative
The meeting was attended by Minister of Petroleum and Mineral Resources, Karim Badawi, and Minister of Finance, Ahmed Kouchouk.
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Egypt to invest $748.5M in drilling 46 new oil and gas wells
These measures aim to cut gasoline use and deliver economic and environmental benefits.
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Egypt, global partners set to begin gas production from Harmattan field by 2026
Shell and BP to launch production from the Harmattan gas field by the first quarter of 2026, with initial investments at $370mln.
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Egypt to drill 46 new oil, gas wells with $748.5M investment
Minister of Petroleum and Mineral Resources, Karim Badawi, announced that 15 agreements are currently being negotiated.
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ExxonMobil to Drill Offshore in Egypt’s Western Mediterranean
ExxonMobil will begin drilling a new offshore gas exploration well in the North Marakia Offshore Concession, Western Mediterranean this month.
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Egypt to lease second LNG floating regasification unit starting 2H 2025
It looks like the LNG regasification unit docked in Jordan may soon be heading to Ain Sokhna.
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British Petroleum to begin production from new well in Egypt by Q1 2025
BP CEO Murray Auchincloss announced that BP plans to commence production from a new well in Egypt by the first quarter of 2025.
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Egypt, Jordan Enter New Agreement to Use Egyptian LNG Infrastructure
This collaboration aims to secure supplies and achieve mutual benefits by optimizing the use of existing infrastructure.
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BP's volume of investments in Egypt during 60 years reaches $30B
Auchincloss highlighted BP’s plans to begin production from several wells, with one expected to start operations in the first quarter of next year.