A BP drillship in the West Nile Delta Exploration & Production

Getting its house in order pays off for Egypt

Egypt has been paying debts and lifting prices in a bid to attract explorers, and the effort is being rewarded.

By The Wildcat 20 April 2018
Exploration & Production

Nooros field output up to 32 MMcm/d

Production from the Nooros gas field offshore Egypt has reached 32 MMcm/d.

15 March 2018
Global Markets

Shell interested in buying Cypriot and Israeli gas – Lakkotrypis

Cypriot Energy Minister Yiorgos Lakkotrypis has confirmed Shell is interested in buying gas from Cyprus and Israel over the next 10 years.

14 March 2018
Exploration & Production

Ishai licence holders warn Israel about Cypriot exploitation

The licenceholders of the Ishai block have written to the Israeli authorities to warn that extraction of gas from the Aphrodite field by Cyprus will deplete Ishai’s reserves.

14 March 2018
Mike Pompeo, former CIA director and now US secretary of state. Policy & Regulation

Trump’s pick of Pompeo is a blow to IOCs eyeing Iran

The appointment of Mike Pompeo as US secretary of state has raised fresh concerns about the future of the Iran nuclear deal.

14 March 2018
The skyline of Tripoli, Lebanon Exploration & Production

Lebanon to receive onshore services proposal in March

Eni, Total and Novatek are expected to submit their plan for an onshore exploration base by the end of the month.

13 March 2018
Exploration & Production

Exxon ship sailing to Cypriot waters

One of two ships contracted by ExxonMobil is on its way from Greece to Cyprus to start carrying out exploration in Block 10.

12 March 2018
Exploration & Production

Eni sells 10% Shorouk stake to Mubadala

Eni has agreed to sell a 10% stake in the Shorouk concession offshore Egypt to Abu Dhabi’s Mubadala Petroleum for $934 million.

12 March 2018
Companies & Finance

Aramco will not decide on IPO location until H2 – Falih

Top Saudi officials have said the location of Aramco’s international listing will not be decided until H2 2018 or even early next year.

9 March 2018
Exploration & Production

Aramco to produce unconventionals from North Arabia Basin

Saudi Aramco plans to start producing unconventional gas from the kingdom’s North Arabia Basin this month.

9 March 2018
Pipelines, Storage & Power

Israel to decide on East Med pipeline by early 2019 – Steinitz

Israel expects to make a decision on whether to build a gas pipeline linking the East Mediterranean to Europe by early 2019.

9 March 2018
UK PM Theresa May greets Mohammed bin Salman in London. Companies & Finance

MBS’s UK visit shines a spotlight on Aramco IPO

The Saudi crown prince flew into the UK for a visit this week, but opinion is divided over whether Saudi Aramco should list on the London Stock Exchange.

9 March 2018
Exploration & Production

Jordan may take bids for exploration by early April

Jordan’s Ministry of Energy and Mineral Resources may invite bids to explore six areas spanning most of the country in March or early April.

8 March 2018
Exploration & Production

Cyprus exploration plans ‘provocative’ – Turkish PM

Turkish Prime Minister Binali Yildirim has called Cyprus’s oil and gas exploration plans "provocative".

8 March 2018
Exploration & Production

BP to start West Nile Delta production this year

BP will begin producing gas from its West Nile Delta fields in Egypt by the end of 2018.

8 March 2018
LNG

Egypt tendering for LNG in Q3

Egypt will tender contracts for the supply of LNG in Q2 2018 for delivery in Q3.

7 March 2018
Exploration & Production

Exxon ship heading to East Med – Turkish government

An ExxonMobil ship is heading to the east Mediterranean to explore for oil and gas, a spokesman for Turkish President Recep Tayyip Erdogan said on Wednesday.

7 March 2018
Pipelines, Storage & Power

Iran and Russia to form JV to build Iran-Pakistan-India pipeline

Russia and Iran are planning to form a joint venture to build the Iran-Pakistan-India gas pipeline, Russian Energy Minister Alexander Novak has said.

7 March 2018
LNG

Oman LNG exports hit 2,400 cargoes

Oman LNG has delivered more than 2,400 cargoes to 15 countries since starting up in 2000, Chief Executive Harib al-Kitani. has said.

7 March 2018
An oil refinery in Iraq Policy & Regulation

Iraq preparing new oil and gas contracting model

The terms of Iraq’s new contracting model are crucial if the country is to keep IOCs interested.

7 March 2018
Exploration & Production

Shell gives up Gaza Marine stake

Anglo-Dutch major Shell will give up its 55% stake in the Gaza Marine field, Palestinian officials said in a statement on Monday.

6 March 2018

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