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UAE: New Gas Field Discovered In Sharjah
January 27th, 2020 - 01:09 GMT

UAE: New Gas Field Discovered In Sharjah

The Sharjah National Oil Corporation and its Italian partner ENI have announced a successful new discovery of natural gas and condensate onshore at the Mahani field in Sharjah. The discovery of at Mahani-1 exploration well with flow rates of up to 50 million standard cubic feet per day comes within the first year of the partnership and represents the first onshore discovery of gas in the emirate since the early ...
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New exploration activity, boosted by the Zohr field, yielded 1.4 billion barrels of oil equivalent in what the company described as fresh resources. (File photo)
May 12th, 2016 - 07:00 GMT

Eni yields record production from Egypt's Zohr field

With oil prices down by approximately 65 percent compared to their mid-2014 levels, total earnings combined at the six companies declined 34 percent in 2015. (File photo)
April 21st, 2016 - 05:00 GMT

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings

The new deal gives Eni a stronger portfolio in frontier areas. (File photo)
March 31st, 2016 - 12:00 GMT

Italy's Eni moves deeper into Morocco exploration

Prior to the civil war, Libya was producing more than 1 million bpd, compared to 480,000 bpd in 2014.  (Oilpro)
March 17th, 2016 - 09:00 GMT

Libyan oil production at five-year low

Al Bawaba
November 24th, 2015 - 06:16 GMT

Israel mulls gas exports to Egypt despite massive Zohr discovery

Al Bawaba
November 5th, 2015 - 11:00 GMT

Egypt's President Sisi gives the green light to $2.2B in oil and gas exploration contracts

Al Bawaba
October 15th, 2015 - 05:01 GMT

Iran supports Indonesia's return to OPEC

Al Bawaba
September 28th, 2015 - 09:46 GMT

Italy to go into business with Iran's energy sector

Al Bawaba
September 16th, 2015 - 01:30 GMT

Egypt's gas discovery could ensure European energy security: Eni

Egypt's petroleum minister said the country plans to pay another $400 million by the end of the year. (File photo)
September 9th, 2015 - 12:10 GMT

Egypt plans to cut debt owed to foreign oil firms to $2.5 billion

Al Bawaba
September 5th, 2015 - 07:00 GMT

Noble Energy urges Israel to sanction gas deal for Mediterranean fields

Al Bawaba
September 1st, 2015 - 11:30 GMT

Netanyahu delays vote on offshore gas deal until new commissioner is appointed

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