Egypt

East Med gas production, leveraged by Egypt’s position at the mouth of the Suez Canal, is redefining geopolitical relations as North Africa, Europe, and the Middle East strive to create a new distribution hub for energy, legacy, and renewables.

The consortium partners are focused on revitalizing mature fields.

Chevron is having to drill a fifth production well at Israel’s Leviathan natural gas and gas-condensate field to keep production ahead of rising demand, driven by exports to Egypt’s growing LNG hub.

The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.

Disputes that closed the plant 8 years ago are now resolved, said Italy’s Eni.

The country expects the digitalization project to promote Egypt’s exploration and production potential worldwide.

Six international and Egyptian companies will search for oil and gas in the Mediterranean and Red Sea with the drilling of 17 new exploration wells.

BP started gas production from its Qattameya gasfield development ‎offshore Egypt in the North Damietta offshore concession.

The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.

Egypt Upstream Gateway, a national project for digitizing subsurface information and delivering a digital subsurface platform, will build on Schlumberger’s GAIA digital subsurface platform.