Egypt
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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block. -
Leveraging its existing natural gas interests, plus renewables potential in Egypt and Mauritania, BP is now factoring in Africa to realize its global ambitions as a hydrogen producer.
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Boosting gas production from Israel’s Tamar offshore gas field, combined with gas from the neighboring Leviathan field, will further the ambitions of both Israel and Egypt in the Eastern Mediterranean.
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Egypt bags its newest wind project with UAE to feed future electrical flows regionally and eventually to Europe.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
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The award follows BP’s participation in a limited bid round held in 2021.
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The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
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The Cronos-1 well gets underway after 2-plus years of pandemic-related delays.
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New discoveries in the Meleiha concession add 8,500 BOE to production.
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QatarEnergy is farming into ExxonMobil’s North Marakia deepwater exploration project offshore Egypt as it further grows its position in the East Med and a share of possible future gas sales to Europe.
