Showing posts with label Petrobel. Show all posts
Showing posts with label Petrobel. Show all posts

Wednesday, September 16, 2020

Eni, new gas discovery in the “Great Nooros Area”, Mediterranean Sea, Egypt - ENI

16 SEPTEMBER 2020 - 10:00 AM CEST

San Donato Milanese (Milan), 16 September 2020 – Eni (as the Operator of the Block) and bp (as contractor member) announce a new gas discovery in the so-called "Great Nooros Area", located in the Abu Madi West Development Lease, in the conventional waters of the Nile Delta, offshore Egypt.

This new discovery, achieved through the Nidoco NW-1 exploratory well, is located in 16 meters of water depth, 5 km from the coast and 4 km north from the Nooros field, discovered in July 2015.

The Nidoco NW-1 exploratory well discovered gas-bearing sands for a total thickness of 100 meters, of which 50 meters within the Pliocene sands of the Kafr-El-Sheik formations and 50 meters within the Messinian age sandstone of the Abu Madi formations, both levels with good petrophysical properties. In the Abu Madi formations a new level, which was not yet encountered in the Nooros field, has been crossed proving the high potential of the Great Nooros Area and the further extension of the gas potential to the North of the field.

Tuesday, December 24, 2019

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.

Tuesday, August 27, 2019

Egypt- First well of Baltim South West gas field to start production within days: Petrobel - MENAFN

8/27/2019 6:08:03 PM

(MENAFN - Daily News Egypt) Belayim Petroleum (Petrobel) completed the construction of 18 km-long, 26-inch-diameter offshore production line and 25 km-long, 26-inch-diameter onshore line, as well as the manufacture and installation of the offshore production platform within the development of the Baltim South West gas field, three months ahead of schedule.

Atef Hassan, chairperson of Petrobel, said the field's first well is expected to enter production in the coming days, and it is planned to complete drilling five more wells in 2019/20, bringing the total production of the field to about 500m cubic feet per day (scf/day).

The financial results of the company presented to the Minister of Petroleum and Mineral Resources, Tarek El-Mulla, showed that Petrobel succeeded in implementing an integrated action plan supported by all partners to achieve its objectives as an operating company and achieved positive performance indicators and results.

Wednesday, August 21, 2019

Eni: Zohr gas production reaches 2.7 bcfd - ENI

21/08/2019 15:15

San Donato Milanese (Milan), 21 August 2019 - Eni announces that the production from Zohr field has now reached more than 2.7 billion cubic feet per day (bcfd), about 5 months ahead of the Plan of Development (PoD).

This remarkable result has been achieved following the completion of all eight onshore treatment production units – the last one commissioned in April 2019 – and all Sulphur production units in August, the production start-up of two wells in the southern culmination of the field (in addition to the ten wells already drilled in the northern culmination) as well as the start-up on August 18th 2019 of the second 216 km long 30” pipeline connecting the offshore subsea production facilities to the onshore treatment plant.

The new pipeline, in conjunction with the completion and optimization of the plant treatment capacity, paves the way to increase, by the year end, the field potential production rate up to 3.2 bcfd against the POD’s plateau rate of 2.7 bcfd.

Thursday, July 4, 2019

Egypt Announces New Oil Discovery in Sinai - EGYPT OIL & GAS

Thursday, 4th July 2019

Belayim Petroleum Company (Petrobel) has achieved a new oil discovery in the Abu Rudeis concession area in Sinai, Egypt Oil & Gas reports.

Petrobel drilled an exploration well through which it was able to reach a 35-meter layer of sedimentary rocks and a 65-meter layer of limestone rocks, where production began using current facilities at the concession area, the Ministry of Petroleum and Mineral Resources announced.

The company has laid out a plan to drill 10 developmental wells with a crude oil production rate of around 3,000 barrels per day (b/d) and plans to enhance production using hydraulic fracturing, according to the report presented to the Minister of Petroleum, Tarek El Molla, by Petrobel Chairman Atef Hassan.

The new discovery represents a milestone for Petrobel since the Abu Rudeis field is one of the oldest in Egypt, dating back to 1957.

According to the ministry, these positive results have encouraged the foreign partner to pump more investments into various concession areas.

Thursday, December 20, 2018

Letter of intent for the award of new E&C offshore word order for the ramp up to plateau phase of the Zohr field development project, worth more than 1.2 billion USD - SAIPEM

20 December 2018

San Donato Milanese (Milan), December 20, 2018 - Saipem and Petrobel have negotiated an offshore contract addendum worth more than 1.2 billion USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Ramp Up to Plateau” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.

Petrobel is a 50-50 joint venture between EGPC (Egyptian General Petroleum Corporation) and IEOC (an Eni subsidiary in Egypt) and is in charge of the development of Zohr on behalf of PetroShorouk, a joint venture between EGAS (Egyptian Natural Gas Holding Company) and IEOC, Rosneft, BP and Mubadala Petroleum.

The current addendum to the work includes the installation of a second 30-inch diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable, as well as EPCI work for the field development in deep water (up to 1700 metres) of 10 wells.

The Ramp Up to Plateau phase is scheduled to commence in January 2019, in direct continuity with the Optimised Ramp Up phase which has been completed in an outstanding 17-month project execution period from its contract award.

Wednesday, August 15, 2018

Eni signs concession agreement to begin exploration at offshore Noor gas field - ENTERPRISE

Wednesday, 15 August 2018

Eni signs concession agreement to begin exploration at offshore Noor gas field: Eni announced yesterday signing a new concession agreement with the Egyptian government to begin exploration activities at the offshore Noor gas field in the East Mediterranean, the company said in a statement (pdf). The USD 105 mn agreement will see Eni drill two exploratory wells in the 739 sqm field during 2H2018. Eni holds an 85% stake in the concession alongside Tharwa Petroleum Company, which holds 15%. Eni had denied last month that it made a massive gas discovery at the Noor gas field, after news reports suggested that Noor could contain around 90 tcf of gas reserves, or 3x as much gas as the supergiant Zohr field. Egyptian Oil Minister Tarek El Molla had also downplayed the reports at the time, saying that seismic studies were not yet complete.

Wednesday, July 18, 2018

15th well from Nooros gas field comes online - ENTERPRISE


Wednesday, 18 July 2018

The 15th well at the Nooros gas field has come online, pumping an additional 180 mcf/d into the national grid, the Oil Ministry announced yesterday. The Nedco well allows production from the Nooros field to remain steady at 1.2 bcf/d. On a related note, Eni and EGPC JV Belayim Petroleum Company (Petrobel) — which completed work on the well in record timing of under two months — reportedly intends to pump an additional 0.5 bcf/d into the national gas grid by mid-2019, as it brings its South Balteem well online, sources tell Youm7.

Friday, June 29, 2018

Saipem/PMS to manage Zohr life of field operations - OFFSHORE MAGAZINE

JUNE/29/2018

SAN DONATO MILANESE, Italy – Saipem, in a consortium with Petroleum Marine Services (PMS), has won a contract to provide life of field operations for Petrobel’s deepwater Zohr gas field development in the Egyptian sector of the Mediterranean Sea.

Operations will be managed from PMS’ DP-2 vessel Ahmed Fadel, with Saipem subsidiary Sonsub performing subsea equipment management and servicing.

Stefano Porcari, director of operations of Saipem’s Offshore E&C division, said: “This contract confirms Saipem’s leadership position…as a provider of global offshore solutions, from concept to end-of-life of a subsea field.”

Thursday, May 10, 2018

Eni announces the start-up of third production unit at Zohr - WORLD OIL

MAY/10/2018

MILAN -- Eni announces the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 Bcfd. Zohr is now producing 1.1 Bcfd in ramp-up, equivalent to approximately 200,000 boed, of which 75,000 boed net to Eni at current working interest. This outstanding result has been achieved only a few months after the field’s start-up in December 2017.

The third unit, following just one week after the second unit’s successful power-up, confirms the programme pursued by Eni, its co-venturers and Egyptian Natural Gas Holding Company (EGAS) to pursue a production level of 2 Bcfd by end 2018, followed by a plateau of 2.7 Bcfd in 2019.

The latest achievement reinforces the exceptional development path of Zohr, one of Eni’s seven record-breaking projects, which is playing a fundamental role in supporting Egypt’s independence from LNG imports.

Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea with more than 30 Tcf of gas in place, is located within the offshore Shorouk Block (some 190 km north of Port Said). In the Shorouk Block, Eni holds a 60% stake, Rosneft 30% and BP 10% of the Contractor’s Share (where Eni, Rosneft and BP are collectively the Contractor).

Thursday, April 26, 2018

Zohr Ramp-Up: Eni start-up the second production unit - ENI

San Donato Milanese (Milan)
26 April 2018 – 11:30


Eni announces the start-up of the second production unit (T-1) of the Zohr project, which will increase installed capacity by 400 MMScfd, just 4 months after the field’s start-up. Zohr now has a capacity of 800 MMscfd, equivalent to 150,000 boe per day (46,000 boed net to Eni).

The production ramp-up is planned to continue, with the same exceptional performance, in order to reach 1.2 bcfd in May 2018, 2 bcfd by end 2018 and the production plateau (2.7 bcfd) in 2019.

The Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, is located offshore, within the Shorouk Block, some 190 km north of Port Said. Zohr was discovered in August 2015, obtained the Development Lease approval in February 2016, and started the production in December 2017 with a time-to-market of 2.3 years.

Monday, April 23, 2018

EU Energy Commissioner Visits Zohr Gas Field - EGYPT OIL & GAS

Monday, 23rd April 2018

Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla and EU Commissioner for Energy and Climate Action Miguel Arias Cañete visited the onshore gas processing facilities at Zohr natural gas field, Egypt Oil & Gas reports.

During the visit, the minister and the accompanying delegation reviewed the amount of work achieved since the discovery of the field, including the phase 2 work that is currently under development.

El Molla and Cañete listened to an explanation from Balaeim Petroleum Company (Petrobel)’s Head, Atef Hassan, on the development of the field, as well as the ongoing construction processes in the onshore station which receives and processes natural gas from Zohr field.

The tour is a part of the program for Cañete’s three-day visit, during which several meetings will be held to review ways to increase cooperation between Egypt and the EU, Egypt Oil & Gas reported.

Wednesday, March 14, 2018

Nooros field’s 13th well comes online, adding 90 mcf/d of production - ENTERPRISE


Wednesday, 14 March 2018

The 13th well of the Nooros gas field has come online, bringing an additional 90 mcf/d to the national grid. This would bring the field’s total production to 1.15 bcf/d, according to a report by Eni and EGPC JV Belayim Petroleum Company (Petrobel), Al Masry Al Youm reports. 

The field’s 14th well is underway, which is expected to raise total production capacity to 1.2 bcf/d.

Wednesday, December 20, 2017



20/DEC/2017 08:30

The field, with potential resources in excess of 30 Tcf of gas in place, started-up in less than two and a half years from the discovery: a record time for a field of this size in deep waters

Sunday, September 10, 2017

Baker Hughes seals deal for Egypt's Zohr gas field - ZAWYA

10 September, 2017

Baker Hughes, a GE company announced on Saturday the award of a subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast.

Petrobel is a joint venture between IEOC (an Eni subsidiary in Egypt) and Egyptian General Petroleum Corporation (EGPC) and is in charge of the development of Zohr Field on behalf of PetroSherouk, a joint venture between Egyptian Natural Gas Holding Company (EGAS) and IEOC.

BHGE said in a statement that it will provide project management, engineering procurement, fabrication, construction, testing and transportation of a subsea production system and will support the installation, commissioning and start-up operations.

Tuesday, August 22, 2017

Work at Zohr gas field 83.5% complete - ENTERPRISE

Tuesday, 22 August 2017

Work at Eni’s Zohr gas field is 83.5% complete as of August, with seven wells drilled and producing, the Oil Ministry said in a statement. 


USD 4 bn have been invested in the field to date, the chairman of Eni’s JV Petrobel, Atef Hassan, said. Zohr should be fully developed by end of 2018. 

Separately, FY2016-17 saw Petrobel invest USD 693 mn, drill 33 wells, and discover 868 bcf of gas reserves.

Monday, July 31, 2017

Saipem EPCI contract variations finalised for Zohr field development - WORLD PIPELINES




Monday, 31 July 2017 09:40
Stephanie Roker

Saipem and Petrobel have finalised offshore contract variations worth US$900 million for engineering, procurement, construction and installation (EPCI) activities in relation to the ‘Optimised Ramp Up’ phase of the ‘supergiant’ Zohr field development project situated in the Mediterranean Sea off the Egyptian coast.

Petrobel is a joint venture between IEOC (an Eni subsidiary in Egypt) and Egyptian General Petroleum Corporation (EGPC) and is in charge of the development of Zohr on behalf of PetroShorouk, a joint venture between Egyptian Natural Gas Holding Company (EGAS) and IEOC.

The current variations to the scope of work include the installation of a 30 in. dia. gas export pipeline and an 8 in. dia. service pipeline, as well as EPCI work for the field development in deep water (up to 1700 m) of four wells and the installation of umbilicals. Works will commence in July 2017 and are due to be completed by the end of 2018.

In order to meet the requirements set by the client, Saipem will deploy several vessels from its highly specialised fleet, including the Castorone (the latest generation ultra-deepwater pipelayer); the subsea field development ship Saipem FDS2; the Saipem 3000 (a subsea construction vessel) and, finally, the Castoro 6 and the trenching barge Castoro 10.

Thursday, July 27, 2017

SAIPEM awarded offshore contract variations worth 900 million USD for the optimised ramp up phase of the Zohr field development project - SAIPEM

July 27, 2017, San Donato Milanese (Milan)

Saipem and Petrobel have finalized offshore contract variations worth 900 million USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.

Petrobel is a joint venture between IEOC (an Eni subsidiary in Egypt) and EGPC (Egyptian General Petroleum Corporation) and is in charge of the development of Zohr on behalf of PetroShorouk, a joint venture between EGAS (Egyptian Natural Gas Holding Company) and IEOC.

Monday, July 3, 2017

ADES wins Egyptian offshore drilling contract - STOCK MARKET WIRE

3 July 2017 | 08:03am
StockMarketWire.com

ADES International Holding has been awarded a contract by ENI IEOC, the Egyptian subsidiary of Italian oil major Eni, for a new drilling campaign offshore Egypt.

The contract was awarded by Belayim Petroleum Co. (Petrobel), a joint venture between ENI IEOC and Egyptian General Petroleum Corporation (EGPC), for a three-month drilling campaign to be led by ADES's offshore jack-up drill rig, ADMARINE 88.

Sunday, May 7, 2017

Nooros gas field to produce 1.2 bcf/d before the end of August -El Molla - ENTERPRISE / YOUM7

Sunday, 7 May 2017

Production from Eni’s Nooros gas field will reach 1.2 bcf/d before the end of August, up from a current 920-970 mcf/d, Oil Minister Tarek El Molla tells Youm7. 

According to El Molla, the company is in the final phases of drilling to expand production from the field.

TEKMOR Note: In July 2016, Ieoc through Petrobel has announced the discovery of the Nooros field located in the Abu Madi West development lease in the Nile Delta which is estimated to contain about 530 bcf (approx. 15ncm or 0,5tcf) of gas in place, beside to associate condensates.