3rd well of Baltim SouthWest field added on production in January - EGYPT TODAY

Tue, Dec. 24, 2019

CAIRO – 24 December 2019: "The third well of the Baltim southwest field is planned to be added on production in January," Sources in the petroleum sector told Egypt Today Tuesday.

The Ministry of Petroleum announced in November adding the exploration wells, Baltim southwest 1 and Baltim southwest 2, in the Nile Delta region on the production map at production rates of about 190 million cubic feet of gas per day and about 1,300 barrels condensate per day.

In September, Eni announced the success of starting up production from the offshore Baltim South West gas field in Egypt after being discovered in June 2016.

The field is located in shallow waters 12 kilometers off the Mediterranean coast of Egypt in the Baltim South development lease. It lies 10km from the Nooros field, but still within the Great Nooros area.

The project is executed by Petrobel, the operating company jointly held by Eni and the Egyptian General Petroleum Corporation (EGPC) on behalf of Medgas.

Cyprus: The new energy gate of Europe - CYPRUS MAIL

November 5, 2017Charlies Ellinas

The government is giving priority to the exploration and exploitation of hydrocarbons and the development of energy
CYPRUS: The new energy gate of Europe was the title of the 5th Energy Symposium organised by IENE and Financial Media Way (FMW), held in Nicosia on November 1.

Costis Stambolis, executive director of IENE, opening the Symposium praised Cyprus on the achievements of its exploration programme. He added that Cyprus has the potential to play a key role in Europe’s energy and that energy could also be key to the solution of the Cyprus problem.

The Symposium was addressed by President Anastasiades, Demetris Syllouris, Nicos Kouyalis, Giorgos Lakkotrypis and Fidias Pilides. Greek energy minister Giorgos Stathakis also sent a message. The key highlights from these presentations were: