Apache | Egypt Oil & Gas - Part 8

Shell, Apache Agree on Higher Gas Price

Shell and Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia field in the Western Desert. The new agreement decided on is for the price of $4.6 per 1m therm ...

Apache North Sea Awards Subsea 7 Contract Offshore UK

Apache North Sea has awarded Subsea 7 a sizeable engineering, procurement, installation, and commissioning (EPIC) contract for the Callater field development, located 335 km northeast of Aberdeen, Scotland.

Oil Minister: Apache to Invest $1b in Egypt in FY 2016-17

Apache Corporation has allocated $1b in new investments in Egypt in its FY2016-17 budget, Oil Minister Tarek El Molla announced, following a meeting with Apache CEO, John Christmann, in Cairo.

ISIS Leader Linked to Death of Apache Employee

The Egyptian government announced on November 9th that Ashraf Ali Ali Hassanein al Gharabli, a leader of the Sinai branch of ISIS, was killed by police during a firefight in Cairo’s El Marg district.

Apache Narrowly Escapes Takeover Bid

Oil and gas company Apache Corp has rejected a takeover approach from an unidentified party.

First Shale Gas Production in Egypt

In February 2016, Egypt will witness its first shale gas production on the hands of Royal Dutch Shell and American Apache.

Apache Makes Two New Egypt Finds, Publishes Production Figures

Apache Corporation reported Tuesday strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert.

Apache to Keep Assets in Egypt

Apache Corp has tabled its plans to sell or spin-off its businesses in Egypt and the North Sea because those projects generate needed cash in a time of low crude oil prices, the CEO said on Thursday.

Egypt Officially Starts Its Hydraulic Fracturing Era

In a landmark deal, Egypt awarded its first unconventional gas contracts to Texas-based Apache Corporation and Shell Egypt, a subsidiary of British-Dutch Royal Dutch Shell.

Apache to Receive $3.1 Billion in Exchange For 33 Percent Interest in Apache Egypt

Apache Corporationand Sinopec International Petroleum Exploration and Production Corporation announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects.

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