304 results found for 'the East Nile Delta'

304 results found for 'the East Nile Delta'
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  • 29 June 2012

    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 […]

  • 6 July 2015
    Exploration & Production

    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 […]

  • 6 March 2015
    Project & Tenders

    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 […]

  • 20 June 2016
    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 […]

  • 12 February 2018
    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 […]

  • 12 November 2018
    Business & Finance

    Italian oil company Eni has sold to UAE-based Mubadala Petroleum a 20% stake in the Nour North Sinai offshore concession in Egypt. 

  • 5 November 2015
    Exploration & Production

    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 […]

  • 8 December 2022
    Authorities & Government, Business Developments & Projects, Collaboration

    BP, a multinational oil and gas company, and the Government of Egypt have signed a memorandum of understanding (MoU) for the exploration of the potential for establishing a new green hydrogen production facility in the country. The MoU was signed by BP, Egypt’s New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), […]

  • 12 February 2018
    Project & Tenders

    UK oil and gas giant BP has started producing gas from its Atoll Phase One project, offshore Egypt.

  • 18 October 2015
    Business & Finance

    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 […]

  • 26 October 2020
    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.

  • 6 March 2015
    Operations & Maintenance

    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 […]

  • 12 February 2018

    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 […]

  • 14 March 2019

    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.

  • 3 November 2015
    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 […]

  • 29 October 2013

    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 […]

  • 29 October 2013

    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 […]

  • 29 October 2013
    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 […]

  • 2 February 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Project & Tenders, Transition

    ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.

  • 23 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    W&T Offshore has completed the acquisition of six shallow water fields in the Gulf of Mexico (GOM) for a final purchase price of $72 million.

  • 13 September 2012
    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 […]

  • 23 July 2015
    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 […]

  • 3 January 2011

    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 […]

  • 11 May 2017

    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.

  • 10 May 2017

    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 […]