The Italian energy major Eni has inked a deal in Cairo on February 13 to complete the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt, which includes the supergiant Zohr gas field.
read more... 14/02/2017
France's Total is preparing to drill for gas off Cyprus, near ENI's major Zohr finding off the Egyptian coast which in 2015 renewed interest among oil most important companies for exploration in the Mediterranean.
read more... 20/01/2017
Egypt's state-controlled Egypt Natural Gas Holding (EGAS) has inked a $86 million deal with Italy's Edison for natural gas and oil exploration in the Mediterranean, as stated by the Egyptian Petroleum Ministry on Thursday.
read more... 06/01/2017
Italian energy giant Eni is consolidating its position in the Mediterranean Sea by reaching two new deals in an Egyptian auction.
read more... 29/12/2016
Egypt is on the path to liberalize and deregulate its gas market, envisaging a gradual liberalization, transforming the country into a regional energy hub.
read more... 26/12/2016