BP | Egypt Oil & Gas - Part 25

Iraq’s Rumaila Oilfield Produced 3b Barrels

The Rumaila Operating Organization (ROO), composed of BP, PetroChina and the South Oil Company of Iraq, announced that the Rumaila oilfield has produced 3b barrels of oil since the joint venture began operating in Ja ...

Shell to Sell Rosetta concession

Royal Dutch Shell Company offered the Egyptian Rosetta concession in Rashid up for sale.

BP to Invest $1b in West Africa Gas Field

BP is to inject almost $1b into a gas field off the coast of west Africa near Mauritania and Senegal.

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.

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