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BP Egypt said it has made another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta.
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On the 23rd of June, first gas from the $334 million Seth development commenced approximately 18 months from project sanction, which is 15 weeks ahead of schedule. Seth field is located 60km offshore in the Ras El Bar concession in the East Nile Delta Mediterranean, close to existing producing Ha’py and Denise fields. Seth is […]
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On the 23rd of June, first gas from the $334 million Seth development commenced approximately 18 months from project sanction, which is 15 weeks ahead of schedule. Seth field is located 60km offshore in the Ras El Bar concession in the East Nile Delta Mediterranean, close to existing producing Ha’py and Denise fields. Seth is […]
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BP today announced that it has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet (tcf) of gas resources and 55 million barrels (mmbbls) of condensates with an estimated investment of around $12 billion by BP and its partner. Production from WND is expected to reach up to […]
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Exploration & Production, Project & Tenders
British oil major BP has made a final investment decision for the development of its Atoll discovery in Egypt. The company has sanctioned a ‘fast-track’ development of the gas discovery located in the Mediterranean Sea. The project, which is an early production scheme, will bring up to 300 million cubic feet a day (mmscfd) gross […]
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On May 5, 2015, the rig Maersk Discoverer completed what is claimed to be the deepest well ever drilled in Egypt and the longest ever drilled in the Mediterranean Sea. The Maersk Discoverer is a sixth generation semi-submersible rig owned and operated by Maersk Drilling. Atoll-1 was drilled in 923m water depth around 80km north of […]
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Business & Finance, Operations & Maintenance
BP has started gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate, according to BP. The project is now producing 350 million cubic feet of gas a day […]
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Subsea World News has put together a recap of the most interesting articles from the previous week (October 12– October 18). Saipem has been awarded two new E&C offshore contracts cumulatively valued at more than EUR 600 million (USD 680 million). The first EPCI contract, awarded by Saudi Aramco, involves the engineering, procurement, transportation and installation […]
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UK oil and gas giant BP has started producing gas from its Atoll Phase One project, offshore Egypt.
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Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders
Oil major BP has started gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession.
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Italian oil company Eni has sold to UAE-based Mubadala Petroleum a 20% stake in the Nour North Sinai offshore concession in Egypt.
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UK-based energy giant and LNG player BP has started gas production from the Atoll Phase One project, offshore Egypt. This project adds to the growing gas production in Egypt from new fields, resulting in substantial reduction in LNG imports as the country is looking to stop imports of the chilled fuel completely. The project, in the North Damietta […]
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BP has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet (tcf) of gas resources and 55 million barrels (mmbbls) of condensates with an estimated investment of around $12 billion by BP and its partner. Production from WND is expected to reach up to 1.2 billion cubic feet […]
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UK oil and gas major BP has signed a Heads of Agreement (HoA) with the Egyptian Ministry of Petroleum, regarding the acceleration of the development of the recent Atoll gas discovery in the East Nile Delta, offshore Egypt. The Atoll discovery in the North Damietta Offshore Concession was announced in March 2015. Atoll-1 was drilled with Maersk […]
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Italian oil company Eni has made a new gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km North of the Sinai peninsula.
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of October marked announcements from some of the major subsea players including Subsea 7, Technip and Saipem. The trio managed to secure new contracts in the third quarter in Africa, Gulf of Mexico and […]
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BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that it […]
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Business & Finance, Operations & Maintenance
BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that it […]
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BP today announced its financial results for the third quarter of 2013. Underlying replacement cost profit for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive and sustainable dividend policy, BP also announced that […]
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Business & Finance, Equipment, Technology
Yesterday, Deltares started building the new Delta flume at their premises on Rotterdamseweg in Delft. This research facility will replace the present one in the Dutch North-East Polder and will be much more advanced. The new facility is unique as far as size and test features are concerned. Deltares uses the Delta flume to perform […]
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Business & Finance, Research & Development
The first test to be conducted in the new Delta Flume, a unique research facility in Delft that can generate the highest artificial waves in the world, was completed successfully last week. Approximately 5000 Basalton blocks (scale 1:1.6) were positioned on the 11-meter-high dike that was built in the new Delta Flume. Last month, Deltares […]
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Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has announced that its annual production rate for 2010 from its Nile Delta Concessions in Egypt is an estimated 42,000 barrels of oil equivalent per day, an increase of 20% on 2009, with production commencing from seven new fields. In […]
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UK-based energy giant and LNG player BP started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt.
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British oil and gas company BP has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. The company on Wednesday said the project was delivered eight months ahead of start-up schedule and under budget. First gas was exported to Egypt’s national grid on 24 March […]
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Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has confirmed that its operations were not affected during the recent turmoil in Egypt, with production and output levels sustained during the turbulence. Dana Gas’ operations are located in the Nile Delta and Southern Egypt far from the urban […]
