Egypt launches international bidding round for 10 Red Sea exploration blocks
The ministry said this falls within its strategy to "achieve optimum economic utilisation of all potentials and natural resources to .....
BP will reportedly invest $1.8bn in Egypt in 2019
BP CEO Bob Dudley noted that since 2017, BP has invested more in Egypt than any other country
Mubadala buys 10% stake in Eni’s Egyptian Shorouk gas concession
Subsidiary of Mubadala Investment Company acquires stake in vast offshore gas field in Mediterranean Sea.
Oil price to help MENA region debt sales
Firm Brent crude price should assist Middle Eastern oil producers to balance their borrowing this year.
New gas find off Cyprus coast
New gas field find provides huge boost to Cyprus’ natural gas reserves.
Rosneft acquires stake in Eni's Shorouk concession
The Russian company will pay Eni $1.13bn for an initial 30% stake in the Shorouk concession, which includes the Zohr .....
Eni to cut stake in Egypt's Zohr gas field to 50%
Eni, whose cash flow fell 19% in the third quarter, is committed to selling $5.30bn of assets in the next .....

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Oil & Gas Middle East - March 2019

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