Algeria Proposes Energy Tax Reforms to Increase Investment
Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves.
Algeria plans to pass a new energy law that offers tax incentives to attract investment and is in discussion with foreign firms such as BP and Anadarko regarding its shale gas reserves.
BP intends to sell its stakes in the Gulf of Suez Oil Company (GUPCO), banking sources have said.
UK's BP announced starting production of natural gas from the first phase of Egypt's Atoll field, located offshore Egypt.
Iraq has signed a memorandum of understanding (MoU) with UK’s BP in order to increase the output capacity of Kirkuk oil fields, which were returned by government forces in October 2017.
Geological studies and evaluations, as well as the development of technologies used in exploration and production (E&P), prove Egypt has a promising future in the E&P field.
Roxtec Company has secured work on BP’s plans for the development of West Nile Delta natural gas output in Egypt, suppling several specialist transits in order to secure cable entries.
BP awarded Petrofac an $800 million contract for the second stage of development at the Khazzan natural gas field in Oman.
Iraq aims to increase production at the Rumaila oilfield by 50,000 barrels per day (b/d) in 2018.
Eni and BP have expressed interest in taking over operations from Royal Dutch Shell at Iraq’s Majnoon oilfield.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, held a series of meetings with CEOs of international oil companies (IOCs) on the sidelines of the Abu Dhabi International Petroleum Exhibition and C ...