BG Group | Egypt Oil & Gas
Tanzania’s LNG Plant in Negotiation Phase
The process of constructing Tanzania’s envisaged liquefied natural gas (LNG) plant to sit on the land of Lindi Region has now entered the negotiation stage of the Host Government Agreement (HGA), Sweet Crude Reports i...
Shell to Sell Iraqi Oil Assets
Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30b asset disposal program, reported Reuters. Shell is seeking to slim down its vast oil and gas portfolio following the $5...
Shell to Sell Gabon Onshore Operations
Royal Dutch Shell is in advanced talks with a party interested in buying its onshore operations in Gabon as part of the company’s $30b divestment plan, informed Energy Voice. This comes after Shell’s purchase of...
Statoil to Decide on LNG Export Terminal in 5 Years
Statoil’s Tanzania Country Manager, Oystein Michelsen, said that the final investment decision on a Tanzania’s $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five ye...
Tanzania To Speed Up LNG Project
Tanzanian President, John Magufuli, gave orders to speed up long-delayed work on a planned liquefied natural gas (LNG) plant in the Lindi region and estimated to cost $30b, Reuters reported. Final investment decisions...
Royal Dutch Shell Plans to Limit Spending
Oil giant Royal Dutch Shell plans to increase cost savings to $4.5b following its $54b acquisition last February of BG Group, which Chief Executive Officer, Ben van Beurden, said will make it the best oil company inve...
Egypt’s Oil Ministry to Allow BG to Export Liquefied Gas
Egypt’s Ministry of Petroleum vowed to allow British Gas Group (BG), now a subsidiary of Shell, to export liquefied gas through the infrastructure of the Abu Dhabi Company for Onshore Petroleum Operations (ADCO)... Shell-BG Merger Likely to Get Clearances
Shell’s gigantic takeover of BG worth £55b, planned before the end of 2015, is likely to secure clearances from the remaining Chinese and Australian regulators, Forbes reported. The merger will create UK’...
