Egypt talks Leviathan, Gaza Marine plans
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
Egypt
Eni nears Damietta LNG loading, eyes Qatar LNG entry
Eni intends to boost contracted LNG volumes to 14 million tonnes per year by 2024 and is in talks on entering Qatar Petroleum’s (QP) major expansion.
Oil price recovery drives E&P result for Eni
Eni reported strong results for the fourth quarter, with an adjusted operating profit of 802 million euros ($972.5mn) reported at its exploration and production unit.
Egypt launches round with Schlumberger digital platform
Egypt has launched its first bid round of 2021 and a new digital platform collaboration, with Schlumberger.
Energean awards TechnipFMC subsea work
TechnipFMC has won subsea tie-back work on the NEA/NI project offshore Egypt.
BP checks in with Egypt ahead of Raven start
A number of high-ranking BP executives have held talks with Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla amid preparations to begin the Raven project.
SCA downplays Israel-UAE pipeline competition
The Suez Canal Authority (SCA) has denied that the reopening of the Eilat-Ashkelon pipeline would have an impact on flows through the Egyptian waterway.
Geopolitics threaten to derail East Med local development plans
Despite discussion around East Mediterranean’s gas having a global impact, it is locally that will be the most important, speakers at a recent event said.
United to double spending in 2021, driven by Egypt
United Oil & Gas expects production to rise slightly in 2021, while capital expenditure will double primarily as a result of drilling two wells in Egypt.
ESG as differentiator for SDX, rather than greenwash
SDX Energy is working on the implementation of an ESG strategy, which can do good while also acting as a differentiator from its peers.
Energean hits go on NEA/NI project
Energean has taken the final investment decision (FID) on its North El Amriya and North Idkunea (NEA/NI) subsea tieback, offshore Egypt.
Apex scores second Western Desert find
Privately backed Apex International Energy has announced a second oil find in Egypt’s Western Desert, with another well still to go.
Pharos cuts better deal in Egypt, seeks farm out
Pharos Energy intends to farm out its Egyptian assets, with the company hiring Jefferies to handle the process.
SDX starts up Sobhi flow
SDX Energy has begun producing at its Sobhi well in Egypt’s South Disouq licence, six weeks ahead of schedule.
Egypt pushes car conversion to gas
Egypt has renewed its push to convert cars to run on natural gas, with Egyptian President Abdel Fattah al-Sisi lending his weight to the drive.
Abu Sennan drilling programme kicks off
Kuwait Energy Egypt has begun drilling the ASH-3 well, in Egypt’s Abu Sennan licence, with work expected to take around 60 days.
Total to explore Herodotus Basin
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
Energean completes Edison E&P deal
Energean has closed its acquisition of Edison Exploration & Production from Edison for a total of $203 million.
Drilling restarting at Abu Sennan
Kuwait Energy has signed up a drilling rig for work on the Abu Sennan concession and is making progress on the ASH-2 pipeline.
Damietta LNG restart back on the cards
A restart of the Damietta LNG plant is once again on the cards following an agreement between Eni, Naturgy and two state-owned Egyptian companies.
TechnipFMC begins work on Assiut hydrocracking unit
TechnipFMC has begun work on a new hydrocracking complex at the Assiut refinery, in Egypt.
Neptune appoints new Egypt head
Mohamed Mounes Shahat will take the role of Egypt managing director for Neptune Energy, starting in December.
Energean’s Karish project 85% complete
Energean expects its Karish gas project in Israel to reach first gas in the fourth quarter of 2021 and the Edison E&P deal to close this December.
TransGlobe output declines amid company freeze
TransGlobe Energy has hunkered down to survive the crisis but remains on the lookout for expansion opportunities.
Weak demand to limit East Med gas
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.