Oil Egypt accountACCOUNT King Tut

Edison To Complete Seismic Survey of Area Around Zohr Field

Source: Reuters 11/24/2015, Location: Egypt

Share |
Edison will complete its seismic survey of the area surrounding Egypt's Zohr gas field next month, the head of Egypt's General Petroleum Corp ( EGPC ) told reporters.

"The discovery of the Zohr gas field helped accelerate the companies' research and exploration," Mohamed al-Masry said on the sidelines of a conference in Cairo. The seismic survey was previously expected to be completed after 1-1/2 years.

Al-Masry also said EGPC had met with ENI, which discovered the Zohr gas field in August, to negotiate the price of the gas that will be extracted.

"The price is linked to a price formula with a minimum of $4 per million BTU and a limit of $5.88 per million BTU, and the price will not exceed that," he said.

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

Egypt >>  10/9/2018 - GE Power announced it won the contract to deliver the turbine island equipment for El Dabaa nuclear power plant project in Egypt through AAEM its join...
Egypt >>  10/8/2018 - WorleyParsons has been awarded a four years project management consultancy (PMC) contract for the new Assiut Hydrocracking Complex (AHC Project) in Eg...

Egypt >>  10/5/2018 - Egypt has signed an agreement with three banks to manage the sale of a 24 percent stake in state oil company Engineering for Petroleum and Process Ind...
Egypt >>  9/27/2018 - Noble Energy, Inc. has executed multiple agreements to support delivery of natural gas from the Leviathan and Tamar fields, offshore Israel, into Egyp...

Egypt >>  9/24/2018 - Egyptís state oil company Engineering for Petroleum and Process Industries (ENPPI) signed a deal with the UKís Wood Group for a technical and engineer...
Egypt >>  9/25/2014 - Egypt's state-run Egyptian General Petroleum Corporation (EGPC) declared that Egypt received a share of the foreign partnerís oil and gas revenues of ...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

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