WorldOil Eni's giant gas field prompts Egypt to end imports in 2018 Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this year at the giant Eni SpA-operated Zohr field off the country’s Mediterranean coast, Oil Minister Tarek El-Molla said. ADES, Vantage Drilling form JV to provide deepwater drilling services in Egypt ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES S.A.E has entered into a long-term joint venture (JV) agreement with a subsidiary of Vantage Drilling International. IEA welcomes Greece's progress with energy sector reform Greece has made noticeable progress with its energy-sector reforms in recent years. The country moved forward on plans to restructure state-owned companies and liberalize electricity and gas markets, an impressive program that will lead to more competitive and financially viable energy markets offering choices and low prices to consumers, according to the International Energy Agency's latest in-depth review of Greece's energy policies. Energean signs additional sales, purchase agreements for gas supply from Karish and Tanin fields Energean Oil and Gas has announced that Energean Israel has signed three new Gas Sales and Purchase Agreements (GSPAs) with Dorad Energy Ltd., and with Ramat Negev Energy Ltd. and Ashdod Energy Ltd., both subsidiaries of the Edeltech Group, for natural gas supply from Karish and Tanin fields, offshore Israel. Egypt calls for less LNG in tender as domestic gas boost looms Egypt is paring down its requests for liquefied natural gas. Rosneft acquires stake in giant Zohr field for $1.125 billion Rosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A. Baker Hughes awarded subsea contract for Zohr gas field, offshore Egypt In a signing ceremony hosted by H.E. Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company announced a major subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas field situated in the Mediterranean Sea. Energean receives approval to develop Katakolo field in Western Greece Energean Oil and Gas has announced that it has received approval for its Field Development Plan (FDP) for the development of Kataloko field in Western Greece from Hellenic Hydrocarbons Resources Management. Energean recieves FDP approval for Karish and Tanin fields, offshore Israel Energean Oil and Gas has announced that its subsidiary, Energean Israel, a 50/50 JV between Energean and Kerogen Capital, has received approval from the Israeli Petroleum Commissioner for its Field Development Plan (FDP) for the development of the Karish and Tanin natural gas fields, offshore Israel. Ensco drillship wins contract with Noble Energy in Mediterranean Sea Ensco plc announced today that the ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea.