Bulgaria is interested in joining the Egypt-Greece-Cyprus gas project, according to the embassy’s press release, quoted by Novinite.
Sofia sees Egypt as a key trade and economic partner in Africa and the Middle East, said Bulgarian Prime Minister Boyko Borissov, according to Egypt Today.
ADNOC LNG has signed an engineering, procurement, and construction (EPC) contract worth $860 million with Spain’s Tecnicas Reunidas and Abu Dhabi’s Target Engineering Construction Company, Emirates News Agency reported.
The EPC contract is for the second phase of the Integrated Gas Development Expansion (IGD-E), which will take 54 months to complete and will add 245 million cubic feet per day (mcf/d) of associated gas to the 1.4 billion cubic feet per day (bcf/d) being received at ADNOC Gas Processing’s Habshan facilities from Das Island.
“This agreement is a significant milestone as we work across the gas value chain to further integrate our offshore and onshore gas systems,” Fatema Mohamed Al Nuaimi, Acting CEO of ADNOC LNG said.
French oil major Total has made “a significant gas discovery” on the Glendronach prospect, located offshore UK, west of Shetland.
Total said on Monday that the well was drilled to a final depth of 4,312 meters and encountered a gas column of 42 meters of net pay in a high quality Lower Cretaceous reservoir.
Preliminary tests confirm good reservoir quality, permeability, and well production deliverability, with recoverable resources estimated at about one trillion cubic feet.
According to the company, the discovery, located on Block 206/04a in a water depth of about 300 meters and a formation below the Edradour reservoir, can be developed quickly with the existing infrastructure around the Edradour field and the Laggan-Tormore facilities of the Shetland Gas Plant.
Arnaud Breuillac, president of exploration and production at Total, said: “Glendronach is a significant discovery for Total which gives us access to additional gas resources in one of our core areas and validates our exploration strategy. Located on an emerging play of the prolific west of Shetland area, the discovery can be commercialized quickly and at low cost by leveraging the existing Laggan-Tormore infrastructure.”