Egypt ///

Subsea 7 awarded contract for Egypt’s Atoll field

Subsea 7 has been awarded a substantial contract by Pharaonic Petroleum Company. The contract is to be executed at Atoll field, offshore Egypt, at water depths of over 900 m.

BP signs concession amendments in Egypt, reaches record production in Nooros field

BP announced it has signed with His Excellency the Egyptian Minister of Petroleum, Eng. Tarek El Molla, amendments for the Temsah, Ras El Barr and Nile Delta Offshore concessions in Egypt.

Eni, BP boost potential of Baltim South West to 1 Tcf

Eni has upgraded the potential of Baltim South West field to 1 Tcf of gas in place following the results of the Baltim South West 2X appraisal well, which was drilled immediately after the discovery well.

Israel, Egypt said close to accord on natural gas dispute

Israel and Egypt are nearing a compromise that would sweep away a major obstacle to a multi-billion-dollar natural gas deal.

OneSubsea awarded contract for BP's West Nile Delta fields, offshore Egypt

OneSubsea, a Cameron and Schlumberger company, has been awarded a contract from BP Exploration (Delta) Ltd., and partner DEA (Deutsche Erdoel AG), to supply subsea production systems for West Nile Delta Giza/Fayoum and Raven fields, situated offshore Egypt.

Eni successful in first production test of Zohr field

Eni has successfully performed the production test of Zohr 2X, the first appraisal well on the Zohr discovery, in the Shorouk block, offshore Egypt.

Eni completes first appraisal well of Zohr discovery in Egypt

Eni successfully drilled the Nidoco North 1X well, in the exploration prospect of Nooros East, located in the Abu Madi West license, in the Nile Delta, Egypt.

Egypt to freeze Israeli gas import talks after $1.7 billion arbitration court fine

The Egyptian Government ordered its oil and gas arms to freeze talks on importing Israeli natural gas after an international arbitration court ordered the Arab world’s most populous nation to pay a fine of almost $1.73 B to Israel.

Eni bags two licenses offshore Egypt in Mediterranean Sea

MILAN, Italy -- Eni has been awarded two new exploration licenses—North El Hammad and North Ras El Esh—offshore Egypt in the Mediterranean Sea, as a result of the 2015 EGAS bid round.

What investors need to know about Israel's natural gas market

Israel’s parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped expectations for regional exports.

Egypt to keep Eni's find for itself, stiffening gas race in the Middle East

Egypt plans to keep all the natural gas produced at a giant field Eni SpA found off its Mediterranean coast to itself, heightening competition among gas producers in the Middle East and Africa.

Eni discovers 30 Tcf gas field in Mediterranean offshore Egypt

Eni has discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.

BP and Dana Gas to conduct joint exploration offshore Egypt

Dana Gas has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt.

OneSubsea awarded contract for BP West Nile Delta Taurus Libra

HOUSTON -- OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development, offshore Egypt.

Eni signs framework agreement to develop Egypt's oil and gas resources

The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, has signed with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the country, while preserving the return of Eni’s investments.

Regional report: MENA

Todd Jensen, Lydia Moore, Petroleum Services Group, Deloitte

Despite geopolitical turmoil, Middle Eastern and North African exploration and licensing activity levels remain strong, with the MENA region producing over one-third of the world's oil and one-fifth of global gas.