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’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 Energy reported a strong first quarter based largely on its fixed price gas business.
Egypt’s Zohr field produced 5.1 billion cubic metres of gas in the first quarter, according to Russia’s Rosneft.
Neptune Energy has completed its acquisition of an ocean bottom nodes (OBN) multi-client survey on Egypt’s offshore North West El Amal block.
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.
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.
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 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 has begun producing at two new wells in the Mediterranean Sea, Egypt’s Ministry of Petroleum has announced.
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 Energy has made a commercial discovery at the SD-12X well, in Egypt.
SDX Energy’s capital expenditure will fall to $24.7 million this year, while production is expected to be 66-72% higher than 2019.
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.
Coronavirus has begun to spread in Africa, triggering governments to impose lockdowns and take steps to tackle the pandemic.
The purchase of Edison E&P will provide Energean with insulation from oil price volatility, although the company has trimmed its capital expenditure plans in 2020.
Pharos Energy has set out plans to spend around $45 million in 2020 but has suspended production guidance from Egypt in response to the oil price pressures.
TransGlobe Energy has responded to the oil market’s recent plunge by slashing planned spending in 2020, from $37.1 million to $7.1mn.
SDX Energy has made a heavy oil discovery at its Rabul-3 well in Egypt, with plans to bring this into production later this month.
SDX Energy has extended its gas discoveries in Morocco, through the play-opening BMK-1 well, although a well in Egypt has disappointed.
Maersk Drilling has secured a £3million contact off Egypt.
Lekela has launched a 158.7 MW wind farm in Senegal and broken ground in Egypt at a 250 MW wind plant.
Neptune Energy has signed a licence with the Egyptian General Petroleum Corp. (EGPC) on the North West El Amal Offshore concession.
Dana Gas has received a number of bids for its Egyptian portfolio and will come to a decision by the end of March.
A pipeline in Egypt’s Sinai has been bombed, according to reports on February 2, but imports from Israel have continued unabated.