BP | Egypt Oil & Gas - Part 24
BP, Adoc Swapped Shares for Stake in Oil Concession
BP Plc swapped about $2.2b of its own shares for a stake in one of the Abu Dhabi’s largest onshore oil concessions.
El Molla Reviewed BP’s Production Plans
Egyptian Minister of Petroleum, Tarek El Molla, headed BP's high board meeting to follow up on the progress of five fields in North of Alexandria Concession.
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 ...
