Thursday, October 1, 2020

Steinitz: Gas development after Israel-Lebanon talks critical for Beirut - THE JERUSALEM POST

OCTOBER 1, 2020 20:52
Lahav Harkov

The coronavirus pandemic has not stopped Energy Minister Yuval Steinitz from having a major international footprint.

In one week, Steinitz and his Egyptian counterpart established a new international organization dedicated to regional natural-gas developments, the minister spoke with two of his counterparts in the United Arab Emirates for the first time and negotiated the terms for starting maritime border talks with Lebanon, which were officially finalized on Thursday.

“In the coming period we will have negotiations directly mediated by the US, so that once and for all we can sum up the historic dispute over the maritime border between Israel and Lebanon,” Steinitz told The Jerusalem Post. It will be the first direct negotiations between the countries in 30 years.

Tuesday, September 29, 2020

Abu Sennan Production Reaches 12,347 bbloe/d during H1 - EGYPT OIL & GAS

Tuesday, 29th September 2020

United Oil and Gas (UOG) Company announced that Abu Sennan Concession gross production increased to 12,347 barrels of equivalents per day (bbloe/d) representing net production of 2,716 bbloe/d during H1 2020, according to a statement by the company.

The company added that net the production has reached to 1,709 bbloe/d in the first of March and jumped to a high of 3,142 bbloe/d in early June during the testing of El Salmiyah-5 (ES-5 ) well. Liekwise, the performance of Abu Sennan Concession have achieved exceptional results since the beginning of 2020.

UOG noted that after completion of ES-5 well’s testing program, the well was producing 2,900 barrels of oil per day (bbl/d) and 9 million standard cubic feet (mmscf/d) on a controlled rate at the end of June. Regarding ASH 2 well, its net production reached 660 bbl/d.