Procurement News Notice |
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PNN | 91306 |
Work Detail | Production had been curbed because of arrears owed to foreign oil companies CAIRO - Egypts petroleum minister Karim Badawi said on Tuesday that drilling work for the development of the Zohr gas field resumed in mid-February. Production had been curbed because of arrears owed to foreign oil companies. A drilling ship arrived in Egypt in January as Italys Eni began working on increasing production from the offshore field, Egypts petroleum ministry said last month. Average production at Zohr was 1.9 billion cubic feet per day (bcf/d) in the first half of 2024, well below a peak reached in 2019. |
Country | Egypt , Northern Africa |
Industry | Oil & Gas |
Entry Date | 28 Feb 2025 |
Source | https://www.zawya.com/en/business/energy/egypts-petroleum-minister-says-zohr-gas-field-drilling-resumed-in-mid-february-r7dbxirx |