Oil Egypt accountACCOUNT King Tut

Edison Is Committed to Explore East Mediterranean in 2019

Source: www.gulfoilandgas.com 12/20/2018, Location: Egypt

Share |
Edison remains firmly committed to Egypt and is currently preparing important drilling campaigns for, as initially planned, 2 exploration wells in East Med, respectively in North Thekka and North East Hapy concessions, 100% owned and operated by Edison. In addition, Edison will drill in 2019 another exploration well in its Nile Delta South Idku onshore concession, 100% owned and operated.

Furthermore, Edison intends to initiate the same year a 200 million usd development in 2 off-shore concessions with proven gas reserves in the Nile Delta, North Idku and North El Amriya. The first gas is foreseen in Q1 2021 enjoying the synergy with its existing Abu Qir production facilities.

These development follow the recently completed installation of a new platform with 6 wells on its 100% owned and operated Abu Qir Concession for a total investment of 320 MUSD, doubling the gas output of the field.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Egypt >>  1/14/2019 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to provide an update on operational developments in Egypt. A full ope...
Egypt >>  1/14/2019 - The energy ministers from seven Eastern Mediterranean countries declared in Cairo the establishment of the East Mediterranean Gas Forum (EMGF), which ...

Egypt >>  1/14/2019 - Petroleum Minister Tareq el Mulla held a meeting with Jordanian Minister of energy and mineral wealth Hala Zawati to discuss the latest developments o...
Egypt >>  1/14/2019 - The National Bank of Egypt (NBE) and board directors of three major companies have signed three agreements, worth 25 million euros, to finance the Egy...

Egypt >>  1/13/2019 - The state-owned General Petroleum Company (GPC) said that its total production hit 97,400 barrels per day in the first half of the current fiscal year...
Egypt >>  1/12/2019 - The Regional Center for Renewable Energy and Energy Efficiency (RCREEE) signed a new cooperation agreement with Egypt’s housing ministry aimed at enco...

Related Categories: Artificial Lift  Cementing, Stimulation  Drilling  Drilling Engineering & Equipment Systems  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Drilling  Drilling Engineering & Equipment Systems  General  Logging, Perforating, Testing  Offshore Drilling  Workover & Well Services  Workover Rigs/Services 

More News

Oil & Gas Projects in Egypt >>

Oil & Gas Companies in Egypt >>

Related Links

Oil Egypt E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us