El Molla Meets IOCs’ CEOs
El Molla met with CEOs of Schlumberger and BP to discuss the companies' work in Egypt.
BP | Egypt Oil & Gas - Part 18
BP, Eni Ink HoA with Oman
BP and Eni signed a heads of agreement (HoA) with the Omani Ministry of Oil and Gas for more exploration opportunities in the country.
BP, Mubadala Purchase 45% Stake in Eni’s Noor Concession
Egypt has approved the sale of a 25% stake in Eni's offshore exploratory Noor concession to BP.
BP to Invest $1.8B in Egypt
BP will spend $1.8 billion in Egypt next year, according to BP’s chief executive Bob Dudley.
Qatar to Pay $4.23B for Stake in Russia’s Rosneft
The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of 14.16% stake in Rosneft, the Russian oil giant announced on November 6.
Petronas to Acquire 10% Stake in Oman’s Al Khazzan Field
Malaysian Petronas is close to buying a 10% stake in Oman’s al Khazzan gas field from the state-owned Oman Oil Company.
SDX, BP Terminate Acquisition Talks
SDX Energy Corporation announced the termination of the transaction that was aiming to acquire a part of BP's assets in Egypt.
Egypt, BP Talk Giza, Fayoum Development
Egypt's Minister of Petroleum, Tarek El Molla, has met with BP Upstream CEO Bernard Looney to discuss the status of the development of Giza and Fayoum fields.
Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country's crude oil output to fall once again.
NIOC-Owned North Sea Field Given US Sanctions Waiver
The US Office of Foreign Assets Control (OFAC) has issued a waiver that will allow the bypassing of US sanctions placed on the Rhum gas field in the UK’s North Sea, which is 50% owned by the National Iranian Oil C ...
