Tag Archives: Gas Field

Egypt is investing in a processing plant on the Red Sea that could produce some four million tonnes of petro-products a year.

Turkey strongly objects to exploratory drilling off Cyprus.

Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.

The field is operated by Mellitah Oil and Gas. a joint venture between the NOC and Eni.

The expansion will put Qatar well ahead of Australia.

OOCEP holds a 40 percent stake in the block. while Britain’s BP holds the remaining 60 percent.

Sonatrach and Total will develop the reserves of Erg Issouane. located on the TFT Sud permit in Algeria.

Egypt announced earlier in the week it has stopped importing liquefied gas.

One of the reasons behind the shift of Qatar’s gas strategy is the ongoing Saudi-led embargo.

Russia. a major oil and gas producer. pumps around 11 million barrels of crude per day.