Sudan’s Foreign Ministry said on Thursday it has summoned Egypt’s ambassador to Khartoum, Hossam Issa, over Egypt offering oil and gas exploration blocks “in Red Sea areas subject to Sudanese sovereignty”.
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(Bloomberg) — 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.
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The Nour-1 New Field Wildcat (NFW), which has led to the discovery, was drilled by the Scarabeo-9 semi-sub in a water depth of 295 meters and reached a total depth of 5,914 meters, Eni said on Thursday.
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In a statement on Sunday, Ganope, entity of the ministry charged with managing and stewardship of all aspects related to petroleum activities of the Red Sea said the blocks are being offered “ for the first time, within the context of the Ministry of Petroleum’s strategy to achieve the optimum economic utilization of all potentials and natural resources to contribute to the sustainable development of Egypt.“
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Dana Gas has awarded a short-term exploration contract for deepwater drilling services in the Egyptian Mediterranean basin to a joint venture (JV) between a unit of ADES International Holding PLC and Vantage Drilling International, ADES reported Friday.
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Egypt’s oil and gas future looks very bright. The large scale concessions awarded during the EGYPS2019 conference in Cairo, 11-13 February, shows the appetite of IOCs, such as Shell, BP and ENI in this emerging energy hotspot.
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Eni has been granted by Egyptian Authorities two exploration blocks onshore Egypt.
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The Hague-based LNG giant Shell is looking to up exports of liquefied natural gas from Egypt’s Idku facility as production ramps up from the West Delta field.
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Egypt held a tender for oil and gas exploration, and Royal Dutch Shell (NYSE: RDS.A) won the most (three for oil and two for gas). ExxonMobil (NYSE: XOM) made its debut in Egypt.
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BP announced Monday first gas production from the second stage of its West Nile Delta development offshore Egypt.
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