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Egypt to Enhance Production at Zohr Gas Field with New Wells

Egypt's Petroleum Company (PETROBEL) announced that in the fiscal year 2022/2023, the Zohr field produced an annual amount of 2.4 billion cubic feet of natural gas, accompanied by about 3,700 barrels per day of condensates. During the company's general assembly to discuss the annual operational results, which was attended by Petroleum Minister Tarek el-Molla, Chairman Khaled Mowafy announced that plans are underway to put well number 20 into production by the end of October 2023, in line with the increasing gas production from the Zohr field in the Mediterranean Sea.

Italian Energy Giant Eni to Invest $7.7 Billion in Egypt Over 4 Years

Italian energy conglomerate Eni has unveiled plans to invest a substantial USD 7.7 billion (EGP 237.9 billion) in Egypt over the next four years to boost the company's exploration and production activities in the country, stated Eni CEO Claudio Descalzi in a press release published by the Egyptian Presidency on 3 September. Descalzi’s pledge came

Power and Water Corp plans to buy, on-sell Beetaloo gas as Blacktip issues continue

Eni launches new sustainable mobility company | BiodieselMagazine.com

Eni has announced the incorporation of Eni Sustainable Mobility, its new company dedicated to sustainable mobility. The company will develop bio-refining, biomethane and the sale of mobility products and services in Italy and abroad.

Lebanon signs oil and gas deals with QatarEnergy