Latest news
Italian Eni to divest to Rosneft a 30% stake in Zohr field offshore Egypt
Italian energy company Eni agreed to sell a 30% stake in giant Egyptian gas field Zohr to Russian major Rosneft for $1.58 billion, as a part of the Eni’s plans to raise cash to confront low oil prices.
read more... 13/12/2016
BP acquires stake in Eni's giant Zohr gas field offshore Egypt
BP has decided to acquire 10 percent of Eni's Shorouk concession offshore Egypt, which comprises the giant Zohr gas field, for $375 million, joining other oil majors in raising bets on the developing gas market.
read more... 28/11/2016
Italy: Eni declares Egypt Nooros gas field producing 900mln cubic feet per day
Italian oil major Eni declared its Egypt Nooros field is a producing approximately 900 million cubic feet of gas per day and will top 1 billion cubic feet per day in the first quarter of 2017, as mentioned by Egypt's state news agency MENA.
read more... 23/11/2016
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 08/11/2016
Egypt defers third LNG terminal until electricity requirements determined
Egypt will postpone plans to rent a third liquefied natural gas import (LNG) terminal for one month, until the ministry of electricity determines its LNG requirements, as stated by an official at state gas purchaser EGAS on Sunday.
read more... 07/11/2016