Agreement | Egypt Oil & Gas - Part 3

bp Sells Minority Stakes in US Midstream Assets to Sixth Street for $1.5 Billion

bp has reached an agreement with Sixth Street-managed funds for the sale of non-controlling interests in its Permian and Eagle Ford midstream assets. The transaction is valued at $1.5 billion and will be executed ...

bp, Eni Extend Baltim East Lease Offshore Nile Delta

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Italian Eni and UK bp to extend the development lease for the Baltim East field in Baltim area offshore the Nile Delta region. Under t ...

ExxonMobil Mulls Resuming Operations in Iraq

ExxonMobil, a major energy company, is exploring the possibility of returning to operations in Iraq after nearly two years away by signing preliminary agreements to begin work on the Majnoon oil field in southern ...

ExxonMobil Egypt and Octane Partner to Digitize Vehicle Services Nationwide

ExxonMobil Egypt, a leading provider of high-quality lubricants and fuels, has signed a cooperation agreement with Octane, an Egyptian fintech company providing a digital wallet and management platform for vehicle ...

TotalEnergies Sells Interests in Mature Norwegian Offshore Fields

TotalEnergies, a multinational integrated energy and petroleum company, has reached an agreement to sell its interests in the West Ekofisk, Albuskjell, and Tommeliten Gamma fields’ offshore Norway. The deal is to ...

Shell Lubricants and EDC Enter Exclusive 5-Year Production Partnership

Shell Lubricants Egypt (SLE) and the Egyptian Drilling Company (EDC) have renewed their strategic partnership by signing a five-year agreement that places SLE as the exclusive supplier for EDC’s equipment and flee ...

TotalEnergies Acquires 49% Stake in US Natural Gas Company

TotalEnergies, a global integrated energy company, has entered an agreement with Continental Resources, a major American Petroleum and gas company, to acquire a 49% stake in natural gas assets operated by Continen ...

Eni, OCTP Partners Join Forces with Ghana to Power Energy Growth, Sustainability

Eni and its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), have signed a Memorandum of Intent with the Government of Ghana, to boost oil and gas prod ...

Baker Hughes Secures Deal with Halfaya Gas to Drive Flare Reduction Initiative in Iraq

During the 2025 Gastech Exhibition and Conference, Baker Hughes inked an agreement with Iraq’s Halfaya Gas Company (HGC) to expand cooperation on a flare gas recovery project at the Bin Umar gas processing facilit ...

EGPC Strikes Three New Exploration Agreements Across Egypt

The Egyptian General Petroleum Corporation (EGPC) has signed three new agreements with international companies to explore for oil and gas in the Western Desert, Gulf of Suez, and North Sinai regions.

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