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Edison oil and gas assets

14.03.2021
Hedge71860

Edison’s oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. The Egyptian assets, including the Abu Qir concession and more than 250 million E dison's gas production totals some 70,000 barrels of oil equivalent a day, and it owns assets across Egypt, Italy, Algeria and Croatia. This will complement Energean's gas interests in Israel and Edison's oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. The Egyptian assets, including the Abu Qir concession and more than 250 million barrels of oil equivalent in reserves, are one of the most attractive parts, accounting for more than 50% of the value of the portfolio, sources said. Edison wants to exit oil and gas production to focus on its domestic electricity and gas retail business. Sources with knowledge of the matter said the portfolio could be worth as much as $2 billion. Edison’s oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. Diversified Gas & Oil (DGO) is a natural gas and oil producer with all of its production in the US onshore. The company possesses long-life, low operational cost, mature producing assets. DGO is the largest conventional gas producer in Appalachia and the largest AIM-listed producer. Together with DEPA, it develops the Greece–Italy pipeline project. Hydrocarbons operations include exploration, production and distribution of natural gas and crude oil. As of 2010, Edison owned 80 hydrocarbons concessions and permits with hydrocarbons reserves of 52.8 billion cubic metres (1.86 trillion cubic feet).

Italy’s Edison Company plans to sell its $2-3 billion exploration and production (E&P) division to focus on its retail operations, four oil and gas sources told Reuters. The move will see the company, which is 99.48% owned by French utility firm EDF, leave the fossil fuel industry.

Oct 13, 2019 Israel-focused Energean Oil & Gas Plc on Monday agreed to sell Edison E&P North Sea assets to Neptune Energy Group for up to $280 million,  We have an integrated presence in the hydrocarbons sector from production to importation, distribution and sale of natural gas and crude oil in Italy and abroad. In 

Dec 27, 2019 respect of the E&P assets located in Algeria (the “Algerian Assets”). Edison and Energean are collaborating to meet the SPA's conditions and confirm the to sell Edison Exploration and Production to Energean Oil and Gas 

Oct 18, 2013 “Edison Mission Energy is a great fit with NRG, as virtually 100% of their assets, their particular expertises and the balance of their technologies  See who you know at Edison International (Oil & Gas) E&P, leverage your Edison International - Egypt Branch is a subsidary of Edison SPA in Milan - Italy. Edison’s oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. The Egyptian assets, including the Abu Qir concession and more than 250 million E dison's gas production totals some 70,000 barrels of oil equivalent a day, and it owns assets across Egypt, Italy, Algeria and Croatia. This will complement Energean's gas interests in Israel and Edison's oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. The Egyptian assets, including the Abu Qir concession and more than 250 million barrels of oil equivalent in reserves, are one of the most attractive parts, accounting for more than 50% of the value of the portfolio, sources said. Edison wants to exit oil and gas production to focus on its domestic electricity and gas retail business. Sources with knowledge of the matter said the portfolio could be worth as much as $2 billion. Edison’s oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands.

Jan 28, 2019 Neptune Energy and DEA are bidding for the oil and gas assets in Egypt, Italy and elsewhere being sold by Edison, Reuters reported citing 

Repsol’s Canadian interests are focused on liquids and gas assets in the Greater Edson area of Alberta, conventional heavy oil western assets in the Chauvin area of Alberta/Saskatchewan, and liquids-rich gas assets in Alberta’s Duvernay play. A key player in the Canadian energy market Repsol has interests spanning approximately 1.1 One is Edison E&P UK, which was set up in December 2014 after acquiring EDF Production UK (EDFP) in October 2013, which was owned by EDF. The company owns non-operated participating interest in three offshore producing gas fields: an 80% participation in the Wenlock field and a 68% participation in the Kilmar and Garrow fields (Tors area). Edison closed the first half of the year with revenues of 4.3 billion euros and EBITDA up 38% to 328 million euros, thanks to the growth in all the activities and, in particular, in the electric power operations, confirming the development strategy chosen. Diversified Gas & Oil (DGO) is a natural gas and oil producer with all of its production in the US onshore. The company possesses long-life, low operational cost, mature producing assets. DGO is the largest conventional gas producer in Appalachia and the largest AIM-listed producer. The FTSE 250 company is acquiring the oil and gas assets of Edison, an Italian subsidiary of the French energy giant, but said it would not hold on to the UK and Norwegian North Sea fields, which account for around 10pc of the wider exploration and production portfolio.

Edison's oil and gas production has grown sharply in the past decade, with activities focused in Italy, the British and Norwegian North Sea, Egypt, Israel, Algeria, Croatia and the Falkland Islands. The Egyptian assets, including the Abu Qir concession and more than 250 million barrels of oil equivalent in reserves, are one of the most attractive parts, accounting for more than 50% of the value of the portfolio, sources said.

Dec 13, 2018 An active sales process continues for Sempra Energy's U.S. wind and certain non -utility U.S. midstream natural gas assets. Con Edison is one of  Dec 13, 2018 An active sales process continues for Sempra Energy's U.S. wind and certain non -utility U.S. midstream natural gas assets. Con Edison is one of  Sep 21, 2018 Utility industry news and analysis for energy professionals. Jan 11, 2019 EDF Seeks Buyer For Edison Egypt, Algeria Assets On DebtAlgeria-To-Italy Gas SlumpAramco Shares Down 10% From FlotationLibya's Oil  Apr 22, 2016 Proposed-ConEd-Crestwood-JV-Asset-Footprint-20160422 Prior to that he worked as business and energy reporter at the Youngstown 

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