Egypt
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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.
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Disputes that closed the plant 8 years ago are now resolved, said Italy’s Eni.
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The country expects the digitalization project to promote Egypt’s exploration and production potential worldwide.
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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.
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BP started gas production from its Qattameya gasfield development offshore Egypt in the North Damietta offshore concession.
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The Damietta LNG plant is expected online by June 2020. The plant will be owned by ENI, EGAS and EGPC.
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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.
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Landmark deal called most significant since 1979 peace treaty.
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The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.
