BG | Egypt Oil & Gas - Part 2

BG to Hold Rights to Rosetta Concession But Not Offshore Facilities

According to BG Group’s first-quarter offshore activities the group will continue to hold rights to the Rosetta concession, reported Offshore magazine. This is in spite of an agreement the company had signed previous ...

Petroleum Ministry: BG’s Egypt Projects Not Affected by Shell Buyout

In an exclusive with Youm7; informed sources at the Ministry of Petroleum and Mineral Resources said that Royal Dutch Shell’s purchase of the BG Group will have no impact whatsoever on BG’s projects and investments

Rising Oil Prices Add Pressure to Shell-BG Deal

Rising oil prices are putting Royal Dutch Shell under pressure to execute its landmark $70 billion deal to buy rival BG as soon as possible before investors in BG start to take a more critical look at the terms.

ExxonMobil Looks at Mergers and Acquisitions

US major has motive and firepower to gatecrash Shell’s bid for BG or swoop on other explorers

Shell Acquires BG for $70Bn

Royal Dutch Shell announced on Wednesday its deal to acquire gas giant BG for $70bn, reported Reuters.

Idku plant LNG exportation collapses 2014: BG official

The Idku liquefied natural gas (Idku) factory exports decreased from approximately 50 LNG shipments in 2013, to 5 shipments in 2015, according to a senior British Gas (BG) official.

BG Group receives $350 mln payment from Egypt

Britain's BG Group said on Friday it had received a $350 million payment from the Egyptian government following the country's decision to repay outstanding debts to the energy industry.

BG Sees Production Falling as Egyptian Gas Curbs Cut Profit

BG Group Plc, the second U.K. oil and gas producer to issue a profit warning this month, said output will drop this year as political turmoil cuts exports from Egypt and other projects are delayed. The shares plunged.

Egypt says has signed debt deals with Petronas, BG Group

The Egyptian government has signed agreements with Malaysia's Petronas and Britain's BG Group to reschedule debt owed by Cairo, the minister of petroleum, Osama Kamal, told reporters on Tuesday.

BG Group agrees sale of conventional US gas producing assets

BG Group today announces that it has signed a sale and purchase agreement with EXCO Resources (EXCO) for the divestment of all its interests in the shallow, non-core, conventional producing assets and acreage in the ...

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