Arcius to acquire Egypt’s Harmattan gas field, strengthening Eastern Mediterranean portfolio
Arcius has signed a binding agreement to acquire the Harmattan gas and condensate field in Egypt’s Eastern Mediterranean waters, pending final regulatory approvals. The offshore field lies approximately 2.5 kilometres north of Ras El-Barr in Damietta and will be developed
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Madbouly visits Zohr field to inspect drilling commencement on Saipem 10000 rig
Prime Minister Mostafa Madbouly visited the Zohr natural gas field, located north of Port Said, to inspect the Saipem 10000 drilling rig. Accompanied by Minister of Petroleum and Mineral Resources Karim Badawi, he was welcomed by Francesco Gaspari, President of