Egypt

Eni likely to begin natural gas production at Egypt’s Orion X1 well within 3 years

Published on : 2023-11-05

Italian energy firm Eni expects to start natural gas production at its Orion X1 well in Egypt’s Eastern Mediterranean region within three years, an official source familiar with the matter told the Arab World Press (AWP) on November 1st.

With $130 million in investments, the project’s reserve of natural gas is estimated at 10 trillion cubic feet, the source highlighted.

On a related note, the Italian company expects the possibility of exporting Egyptian liquified natural gas (LNG) this month, as Egypt’s LNG demand drops in winter, Asharq Business reported, citing Eni’s CEO Claudio Descalzi.

Egypt, Italy probe cooperation in petroleum, renewable energy fields

According to a statement on April 22nd

Shell Egypt and Partners Launch 11th Phase Development in Nile Delta Offshore Concession

Shell Egypt, along with partners EGAS, EGPC, and Petronas, have agreed to commence the 11th development phase in Egypt Nile Delta offshore West Delta Deep Marine (WDDM) concession in the Mediterranean Sea.

El Molla Reviews Methanex Plant Progress: Boosting Methanol Production and Sustainability

Minister of Petroleum and Mineral Resources Tarek El Molla recently inspected progress at the Methanex plant in Damietta, reviewing state-of-the-art facilities and production units designed for maximum safety and global sustainability