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Eni plans a further exploration well at Zohr to target deeper horizon

Eni plans a further exploration well at Zohr to target deeper horizon identified on seismic data.

Eni was awarded the Shorouk Offshore licence in January 2014 as part of the 2012 EGAS licensing round. 170 more words

Mozambique Oil & Gas: "Debt crisis will not affect LNG finance" – Omar Mitha, ENH CEO

The financing of Mozambique’s flagship 12 mtpa LNG export project will not be affected by the debt crisis engulfing the East African country, the head of its national oil company has said. 817 more words

Mozambique Oil And Gas Industry

OTC 2016: Egypt eyes free-market future as gas demand requires more development

The recent Zohr discovery in Egypt’s Mediterranean basin has given the country an impetus to further its move to an open oil economy, according Minister Tarek Elmolla of Egypt’s Petroleum and Mineral Resources Ministry. 527 more words

The Week in Review (April 18-25)

The Monitoring Team: Glenda Pavon and Zachary Waller

Doha Creates Some Gains

Oil producers saw prices soar leading up to last week’s failed production freeze talks in Doha.  1,804 more words

Apache, BP and others expand in emerging Egypt

Houston-based Apache Corp. focused on growing in U.S. shale plays and selling most of its international holdings. But now that the oil bust is in full bloom, especially in North America, Apache’s chief executive is glad the company held onto its assets in Egypt. 294 more words

El Molla speaking at OTC 2016: Egypt to offer 28 blocks, Zohr project creates 5,000 jobs

Egypt, boosted by the recent success with the offshore Zohr gas project in Shorouk concession, intended to offer 28 blocks for bidding by foreign oil and gas companies soon, Tarek El Molla, the country’s Minister of Petroleum and Mineral Resources said Tuesday at the Offshore Technology Conference (OTC) 2016 in Houston. 394 more words

Global Oil & Gas Markets: Eni Makes Progress on Mozambique, Egypt Assets Sales Goal

Italy’s Eni is well on track to sell assets worth 5 billion euros in the next two years as the oil major looks for resources to fund high-profile projects in Egypt and Mozambique and offset the impact of lower oil prices. 550 more words

Mozambique Oil And Gas Industry