BG

  • Shell to Finalize EDCO’s Loan Repayment

    Shell to Finalize EDCO’s Loan Repayment

    Tuesday, 3rd January 2017
    Royal Dutch Shell will completely repay the second tranche of its $2b EDCO liquefaction plant loan by December 2017.
  • Oil Ministry’s Dues Owed to Shell, BG Increase to $1.1b

    Oil Ministry’s Dues Owed to Shell, BG Increase to $1.1b

    Monday, 18th July 2016
    The total amount of dues that are owed by the Egyptian Ministry of Petroleum to British Gas (BG) and Shell, in return for their shares in the gas produced at El-Borollos and Rasheed fields, have increased to $1.1b, from $1b in April 2016.
  • Oil Ministry Confirms BG’s West Delta Deep Marine Commitment

    Oil Ministry Confirms BG’s West Delta Deep Marine Commitment

    Tuesday, 22nd March 2016
    An official at the Ministry of Petroleum denied reports that gas company BG had halted production and development of two stages of its offshore West Delta Deep Marine project.
  • Leviathan Partners and BG Negotiating $30b Egypt Gas Deal

    Leviathan Partners and BG Negotiating $30b Egypt Gas Deal

    Monday, 28th December 2015
    The partners in Israel’s Leviathan Gas Field are close to an agreement with British Gas (BG) to export gas to Egypt. The $30b deal is expected be signed before BG is purchased by Shell in late January.
  • Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

    Aphrodite Gas Within Egypt’s Reach Thanks to BG Deal

    Tuesday, 24th November 2015
    The energy minister of Cyprus, Yiorgos Lakkotrypis, announced on Monday that a move by British oil and gas company BG International to buy a stake in Cyprus’ offshore mineral deposits was an important step forward for the country’s plans to supply Egypt with natural gas.
  • BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell

    BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell

    Tuesday, 3rd November 2015
    Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.
  • BG Acquires New Stakes in Newfoundland

    BG Acquires New Stakes in Newfoundland

    Tuesday, 29th September 2015
    British-based BG announced their partial acquisition of three exploration blocks off the coast of Newfoundland, CBC reported.
  • Tarek El-Molla in Arbitration Talks with BG, Fenosa

    Tarek El-Molla in Arbitration Talks with BG, Fenosa

    Monday, 21st September 2015
    Daily News Egypt learned that talks between Petroleum Minister Tarek El Molla, Spanish firm Fenosa, and Britain’s British Gas (BG) Group are still ongoing. El Molla stated that both companies are going to be part of the solution to the energy shortage crisis in Egypt in the next period.
  • Sisi: Egypt is Committed to Paying Off Debt to IOCs

    Sisi: Egypt is Committed to Paying Off Debt to IOCs

    Monday, 10th August 2015
    Egyptian President Abdel Fattah al-Sisi said that his government is "committed" to paying up debts to oil and gas companies "operating on its soil," reported Aswat Masreya.
  • BG Egypt Appoints New President

    BG Egypt Appoints New President

    Monday, 27th July 2015
    BG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as its president, the company said in a statement on Sunday.