Agreement | Egypt Oil & Gas - Part 6
Egypt, Russia Seal Fuel Order, Cooperation for El-Dabaa Nuclear Plant
Egypt and Russia’s state-owned Rosatom have signed a nuclear fuel purchase order and a comprehensive cooperation agreement for the El-Dabaa Nuclear Power Plant. The signings occurred during a high-profile ceremony for...
Egypt to Export 3,000 MW to Europe via Greece
Egypt signed an agreement to export 3,000 megawatt (MW) of electricity to Europe via the Greek network, a step that aligns with the country’s plan to become a regional energy hub, noted a statement by the Minist...
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 in t...
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, offshore the Nile Delta region. Under the exten...
ExxonMobil Mulls Resuming Operations in Iraq
ExxonMobil, an American energy giant, is exploring the possibility of returning to operations in Iraq after nearly two years’ hiatus by signing preliminary agreements to begin work on the Majnoon oil field in so...
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-rel...
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 be co...
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 fleet of...
