Eni, Italian oil company, 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.
Neptune Energy was presented with an oil exploration license in the North West El Amal Offshore Concession in Egypt by the Egyptian General Petroleum Corporation. The concession covers 365 square kilometres and is placed in the central part of Gulf of Suez. The block is 42 kilometres far from Ras Gharib and 105 kilometers north to Hurghada.
Oil and gas company BP started its first gas production from the second stage of its West Nile Delta development offshore Egypt. The project that produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant. Therefore, BP reported that the start-up highlights the second in a string of new upstream major projects expected to be brought online in 2019 for BP.
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