BP backs away from frontier exploration
Despite challenges thrown up by the coronavirus outbreak, BP’s production in Africa was largely unchanged, although exploration and development has been pushed back.
Egypt
Trouble on the Nile: Ethiopia denies GERD fill
Ethiopia has been forced to deny that it has begun filling the Grand Ethiopian Renaissance Dam (GERD) as a dispute with its Nile neighbours Sudan and Egypt simmers on.
Egypt pipeline fire extinguished
A fire on the Shokeir-Mostorod pipeline has been extinguished, although 17 people have been reported as being injured.
Lining up corporates to power Africa
African states trying to secure domestic energy infrastructure have tended to struggle with creditworthiness, which makes project financing more difficult.
Pharos warns of Egyptian decline
Pharos Energy has put on hold all development work in Egypt, which will lead production to decline.
TechnipFMC wins Egyptian hydrocracking work
TechnipFMC has won work to build a new hydrocracking complex for the Assiut refinery, in Egypt.
Eni extends Nooros area with Egypt find
Eni has found gas offshore Egypt, in the Nile Delta’s North El Hammad licence.
Missing diplomatic bag not enough to save Egypt
Egypt has lost its bid seeking more time in its dispute with Union Fenosa Gas (UFG), over a failure to supply gas to a liquefaction plant at Damietta.
UOG triples production in Egypt
United Oil & Gas (UOG) has increased its net production from Egypt’s Abu Sennan concession by 69%, while also reporting a reserve boost.
Cheiron starts up Gulf of Suez production
Cheiron has begun producing crude from a new field in Egypt’s southern Gulf of Suez, following the GNN oil discovery.
Egypt work terminated for Shelf Drilling
Belayim Petroleum (Petrobel) has terminated the contract for Shelf Drilling’s Trident 16, only three months after extending it.
United celebrates infill success at Abu Sennan
Testing of Egypt’s El Salmiyah-5 has seen the well flow at rates of around 8,700 barrels of oil equivalent per day, United Oil & Gas has reported.
Turkey issues warning to Haftar in Libya
Turkey’s Ministry of Foreign Affairs has warned that any attempts by General Khalifa Haftar to target its interests in Libya would have “severe consequences”.
SDX production booms in first quarter
SDX Energy reported a strong first quarter based largely on its fixed price gas business.
Zohr production drops in Q1
Egypt’s Zohr field produced 5.1 billion cubic metres of gas in the first quarter, according to Russia’s Rosneft.
Neptune completes Egypt OBN work
Neptune Energy has completed its acquisition of an ocean bottom nodes (OBN) multi-client survey on Egypt’s offshore North West El Amal block.
Ithaca’s Delek under pressure to refinance loans
Delek Group’s reliance on restructuring its debt and selling its assets in order to cover its liabilities has led it to note some concerns that it would able to continue as a going concern in its annual report.
Builders sought for EastMed pipe
IGI Poseidon has invited companies to submit plans for the offshore parts of the proposed EastMed gas pipeline, which will run from the southeast Mediterranean into Europe via Greece and Cyprus.
Egyptian deal falls apart for Eni, Naturgy
A deal that would have seen Eni increase its stake in Egypt’s LNG sector, and Naturgy bow out, has come apart as coronavirus has interfered.
Dana considers demerger, sukuk payment
Dana Gas has taken a step towards splitting its upstream and midstream businesses off from each other, following approval for the plan from its shareholders at an AGM vote.
Eni bumps up Mediterranean gas production
Eni has begun producing at two new wells in the Mediterranean Sea, Egypt’s Ministry of Petroleum has announced.
Spear phishing picks up Egyptian opportunity
Two cyber campaigns have been identified that have been highly focused on particular parts of the oil and gas industry, using the same spyware Trojan, by security company Bitdefender.
SDX celebrates Sobhi find
SDX Energy has made a commercial discovery at the SD-12X well, in Egypt.
SDX’s serendipitous capex timing
SDX Energy’s capital expenditure will fall to $24.7 million this year, while production is expected to be 66-72% higher than 2019.
Abu Sennan gas line starts up, as infill drilling slows
A pipeline has been completed at the Al Jahraa field, in Egypt, allowing gas sales to begin and eliminating flaring, United Oil & Gas has reported.