Latest news with #Saipem10000
Saba Yemen
4 hours ago
- Business
- Saba Yemen
Egypt Increases Gas Production by 60 Million Cubic Feet Daily After Successful Drilling in Zohr Field
Cairo – Saba: Egypt's Ministry of Petroleum announced on Friday the successful completion of drilling operations at Well 6 in the Zohr field, operated by Italy's Eni, boosting production by 60 million cubic feet of gas per day. The ministry stated in a release: "Continuing the positive results of the first axis of our petroleum and mineral resources strategy aimed at increasing domestic production and meeting national energy needs, following the return of the Saipem 10000 offshore drilling rig to Zohr field in January 2025 to resume development drilling, the rig has now successfully completed sidetrack drilling operations at Zohr 6". The new production adds approximately 60 million cubic feet of natural gas daily to current output levels, significantly supporting the country's gas supply system. The ministry added: "After this successful operation, the drilling rig will proceed to its next scheduled task – commencing operations at Zohr 13, which engineering studies indicate could contribute an additional 55 million cubic feet of gas daily, further strengthening domestic production capabilities Whatsapp Telegram Email Print
Al-Ahram Weekly
9 hours ago
- Business
- Al-Ahram Weekly
Zohr gas field output increases after well redrilling - Energy
Egypt's Zohr gas field has increased its natural gas output by 60 million cubic feet per day following the successful redrilling of the Zohr-6 well, the Ministry of Petroleum and Mineral Resources announced on Friday. The redrilling was carried out using the deepwater drilling rig "Saipem 10000," after it returned to the Zohr gas field in January to resume operations per the approved development plan. Following the completion of Zohr-6, the rig carried out its scheduled tasks. It began drilling at the "Zohr-13" well, which engineering studies estimate will add 55 million cubic feet of gas per day. The drilling operations mark a significant step toward strengthening the natural gas supply system. They will further enhance domestic production levels and confirm earlier predictions by the Ministry of Petroleum. Furthermore, these efforts align with the ministry's strategy to boost domestic production, ensure energy availability, and provide petroleum products to various sectors while meeting citizens' needs. In a statement, the ministry further highlighted its successful partnership with Italian company Eni, operator of the Zohr Field, resulting in the implementation of previously agreed development plans. It highlighted the Egyptian government's full support of its operations to encourage investment in the petroleum sector, maximise domestic output, and ensure energy security and resource sustainability. Follow us on: Facebook Instagram Whatsapp Short link:
Egypt Today
20-04-2025
- Business
- Egypt Today
Zohr Gas Field Set for Major Boost as Phase Three Targets 1 Trillion Cubic Feet
Preliminary projections suggest that the third phase of Egypt's Zohr gas field development will add around 1 trillion cubic feet of natural gas to the field's overall reserves. The update was shared during an in-depth workshop at Eni's headquarters in Milan, Italy, attended by key stakeholders to evaluate the field's future and long-term production sustainability. A major highlight of this phase is the planned deployment of a floating processing unit, positioned 220 kilometers offshore. This facility will separate gas and condensates, with production scheduled to commence by 2028. The workshop also reviewed ongoing exploration and drilling efforts, as authorities maintain close oversight of Zohr's development to ensure timely execution. Key topics included the project's timeline, strategies for reducing carbon emissions, and enhancing safety standards—part of a wider commitment to sustainable energy development. Meanwhile, drilling operations are actively underway, led by Eni's Saipem 10000 rig, as part of the broader expansion efforts in the Zohr gas field.
Daily News Egypt
26-02-2025
- Business
- Daily News Egypt
Egypt's Petroleum Minister announces Zohr field development resumption
Karim Badr, Egypt's Minister of Petroleum and Mineral Resources, has announced the resumption of development activities at the Zohr gas field following the arrival of the Saipem 10000 drillship in Egyptian waters at the end of January. After completing essential preparations, drilling of the first well in the new phase of the field's development project began in mid-February, in collaboration with Eni, Arcius, and Mubadala Rosneft. The initiative aims to enhance natural gas production rates and counteract the natural decline in well output. The announcement was made during the general assembly meeting of Petro Shorouk and Petrobel, where the planning budget for the fiscal year 2025/2026 was approved. Minister Badr expressed satisfaction with the continued developmental drilling activities at Zohr field, emphasizing the strong teamwork involved in restoring and increasing production levels. He underscored the project's significance for Egypt and its partners, highlighting the need for a structured action plan to optimize production and address natural declines in well productivity. Francesco Gaspardi, Director of Eni in Egypt, affirmed the company's commitment to supporting medium- and short-term efforts, identifying high-potential opportunities, and implementing plans to mitigate natural well declines. He expressed optimism regarding the success of upcoming drilling operations. Salma Al-Hajri, Regional Vice President of UAE-based Mubadala Energy, extended her congratulations on the success of the EGYPS 2025 conference, a key event uniting industry stakeholders. She expressed enthusiasm about the resumption of drilling at Zohr field and optimism for positive outcomes benefiting all involved parties. Nasser Saif Al-Yafie, CEO of Arcius Energy, highlighted the critical importance of resuming drilling activities and intensifying operations due to their strategic significance for both Egypt and its partners. He noted the positive indicators for successful drilling and production maintenance and outlined future plans for increasing output. He also commended Petrobel for its operational efficiency and safety measures. Alexander Kozyrev, Head of Exploration and Production at Russian Rosneft, praised the collaborative efforts of all partners in restarting drilling operations at Zohr field and expressed anticipation for increased production in the near future. Khaled Mowafy, Chairperson of Petrobel, detailed the drilling progress, explaining that following the Saipem 10000 drillship's arrival in late January and completion of preparatory work, the ship moved to Zohr field on February 15. The drilling phase involves redirecting three wells—Zohr 13, Zohr 6, and Zohr 9—using coiled tubing technology in deep waters for the first time worldwide. Mowafy also highlighted the achievement of five and a half million safe working hours. During the Petrobel assembly, Minister Badr stressed the urgency of accelerating the development of discovered resources and integrating them into Egypt's production strategy. He emphasized the necessity of deploying additional drilling rigs to intensify operations and leveraging artificial intelligence to identify reservoirs before initiating drilling. Badr reaffirmed Eni's role as a strategic partner in Egypt's petroleum sector, highlighting its track record of successful collaborations. He noted that Eni CEO Claudio Descalzi's participation in the EGYPS 2025 conference, along with his meeting with President Abdel Fattah Al-Sisi, underscored the strength of the partnership and signaled new investment and growth opportunities in Egypt's energy sector. Francesco Gaspardi emphasized the promising potential within Petrobel's concession areas, particularly in Abu Madi. He outlined Eni's intensified activities aimed at stabilizing and increasing production through the operation of six drilling rigs and an expansion of onshore drilling operations. He also stressed the importance of advanced reservoir studies in achieving targeted production goals and ensuring sustainable output. Wael Shaheen, Regional Vice President of BP in Egypt, lauded Petrobel's commitment to safety, energy efficiency, and emissions reduction, as well as the company's ongoing efforts to lower production costs. Khaled Mowafy disclosed that $320 million has been allocated for operational activities, including $122m dedicated to well maintenance to sustain production levels. A portion of the budget will also support the necessary upkeep of production platforms across all company sites. Looking ahead, Petrobel aims to achieve a daily production rate of 144,000 barrels of oil equivalent and 434 million cubic feet of gas in the 2025/2026 fiscal year. This ambitious target requires collective efforts and an intensified focus on expanding operational activities. The company also plans to produce 58,000 barrels of crude oil, 4,730 barrels per day of condensates, and 130 tonnes per day of LPG while striving to maintain cost efficiency at optimal levels.
Zawya
25-02-2025
- Business
- Zawya
Egypt: Zohr gas field development underway as Saipem 10000 begins drilling
Arab Finance: Minister of Petroleum and Mineral Resources Karim Badawi announced the resumption of development work at the Zohr gas field following the arrival of the Saipem 10000 drilling ship in Egyptian waters at the end of January, as per a statement. Necessary preparations have been completed, and drilling began in mid-February on the first well of the new phase, in collaboration with Eni, Arcius Energy, Mubadala, and Rosneft to increase natural gas production and counter the natural decline in output. The announcement came during the general assembly meeting of PetroShorouk and Petrobel to approve the planning budget for the fiscal year (FY) 2025/2026. Badawi emphasized the importance of restoring and increasing production levels, urging a clear action plan with specific targets. He also highlighted the role of the Zohr School of Applied Technology in Port Said as an example of industry-community partnership. Petrobel Chairman Khaled Mowafi outlined the company's financial plan, with $320 million allocated for operations, including $122 million for well maintenance to sustain production. Part of the budget is also designated for maintaining production platforms across all company sites. The company aims to achieve daily production of 144,000 barrels of oil equivalent and 434 million cubic feet of gas in FY 2025/2026. The crude oil target is 58,000 barrels per day, alongside 4,730 barrels per day of condensates and 130 tons per day of butane, while maintaining cost efficiency. He also noted that Petrobel has achieved 5.5 million safe working hours during operations. Mowafi confirmed the drilling of three wells, Zohr 13, Zohr 6, and Zohr 9, using coiled tubing technology in deep water for the first time globally. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
