DANA PETROLEUM HAS agreed to acquire a 50 per cent interest from BG International in the El Manzala Offshore Area Concession in the Mediterranean Sea, offshore Egypt. The transaction is subject to regulatory approvals.

BP, RWE DEA, and EGPC have signed an agreement for a nine billion dollar gas field development project in two West Nile Delta concessions offshore northern Egypt.

VICTORIA OIL & GAS is on track for December gas delivery from its Logbaba gas project in Cameroon and had signed gas sales pacts for 20 years.

RWE DEA, THE gas and oil exploration and production unit of German utility RWE, said Monday it will jointly invest US$9bn in the development of two offshore gas fields in Egypt with project operator BP.

ENI HAS STARTED gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up period in September, this project will produce 4.5 mn scm/day of gas which will contribute about 8,500 boe/day to Eni's equity share production.