BP | Egypt Oil & Gas - Part 32

EGPC Secures Revolving Letter of Credit to BP

Osama Kamal, Former Ministry of Petroleum, told Daily News Egypt that the North Alexandria deal includes a revolving letter of credit worth the contractor’s share value in the gas that is renewed every three months.

BP Beats Profit Estimates for Q3, Boost by Refining.

British oil major BP beat profit estimates for its third quarter earnings report,

North Alexandria Concession to Begin Production Early 2017

Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.

BP Oman Renews Commitment to Promoting SMEs

BP Oman and Sharakah have renewed their contract to help develop and upgrade the capabilities of small and medium-sized enterprises (SMEs)

EGAS Announces Results of Mediterranean Bid Round

EGAS announced the result of the 2015 international exploration Mediterranean bid round, reported Egypt Oil & Gas.

Total, Shell, BP Move into Iranian Fuel Market

Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran,

Obstacles Persist to Arctic Drilling

There are serious obstacles still confronting Arctic drilling, stated ...

Drones Expanding into Oil and Gas Industry

Drones are being used by more than just militaries and spy agencies, companies are seeing additional value as tools in the oil and gas industry, Bloomberg

Major US Refinery Shuts Down; Creates Oil Glut and Gasoline Dearth

A large gasoline refinery in the US state of Indiana has shut down for repairs after technicians discovered leaking pipes, Bloomberg

Subsea 7 Awarded $500m Contract in Egypt

The work scope includes the engineering, procurement, installation and pre-commissioning of subsea infrastructure required to develop the hydrocarbon resources from nine wells including 75 km of umbilicals and 100 km ...

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