BP | Egypt Oil & Gas - Part 20

Eni’s Zohr, BP’s Atoll Aim for Production in 2017, 2018

UK's BP and Italian Eni will aim their development plans for both Atoll field and Zohr field in Egypt at production in 2017.

Shell to Stop Gas Output in Rosetta Field

Royal Dutch Shell will halt gas production from Egypt's Rosetta field in Rashid concession, in July 2017. Shell will cease investments in the development while dues owed by the Egyptian government continue to accumu ...

Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m

Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.

Eni to Sell More Stakes in Zohr

Italian Eni is currently in talks with various parties in order to cut its stake in Egypt's Zohr field to 50% operating interest instead of owning the entire stakes in the concession that includes Zohr.

BP to Buy 10% Stake in Zohr

UK's BP reached an agreement with Italian Eni to buy a 10% stake in Egypt's Shourouk Concession which includes Zohr field for $375m.

BP to Pay $68m Fine in Morocco’s Samir Refinery Case

A UK court has ruled that BP must pay more than $68m to the National Bank of Abu Dhabi (NBAD) in the case of a surprise closure of Morocco's refinery, Societe Anonyme Marocaine de l’Industrie du Raffinage (Samir), in ...

El Molla Attended Petroleum Health, Safety Workshop

Egyptian Minister of Petroleum attended Petroleum Health, Safety and Environment Protection Workshop in November.

Algerian Gas Plant to Resume Output

The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the fa ...

BP Extended Omani Gas EPSA

BP and Oman Oil Company Exploration and Production signed an agreement with the government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to extend the license ...

Kuwait Cut Fuel Premiums

Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.

Page 20 of 36

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