WorldOil Egypt expects first Israeli gas by year-end, oil minister says Egypt expects to begin receiving natural gas from Israel by the end of 2019, the oil minister said, fulfilling a $15 billion deal that will position the North African country as an energy re-export hub on Europe’s doorstep. Schlumberger and TGS announce new 3D multiclient reimaging project in Egyptian Red Sea The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km2 that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea. Egypt, Israel amend $15 billion gas deal to avoid supply disruption The parties to a $15 billion deal to export Israeli natural gas to Egypt are changing the agreement to reduce the risk of disruptions. SDX Energy reports significant oil discovery in Egypt's West Gharib Concession SDX Energy plc, the North Africa focused oil and gas company, has announced that an oil discovery has been made at its Rabul-7 development well in the West Gharib Concession in Egypt. ADES International awarded contracts in Egypt, Algeria ADES International Holding Plc, a leading oil and gas drilling and production services provider in the Middle East and North Africa (MENA) through its subsidiaries, has announced that it has been awarded a new two-year contract for its ADMARINE IV offshore jackup rig in Egypt. BP to divest mature oil assets in Egypt to Dragon Oil BP has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas company. TransGlobe Energy Corporation announces approval of new development lease, operations update TransGlobe Energy Corporation announces an approval of a new development lease and an operations update. All dollar values are expressed in US dollars unless otherwise stated. Companies in the news LUKOIL has commenced drilling new production wells at West Qurna-2 field as part of the second development phase. Rovco, Drexel Marine Petroleum increase Egyptian projects over next five years Rovco has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt. Egypt returns to LNG exports club seeking to sell cargoes Egypt indicated it’s ready to rejoin the club of major exporters of liquefied natural gas, making its biggest offer to supply the market in at least five years.