exploration and production | Egypt Oil & Gas - Part 10

Rising Oil Prices Add Pressure to Shell-BG Deal

Rising oil prices are putting Royal Dutch Shell under pressure to execute its landmark $70 billion deal to buy rival BG as soon as possible before investors in BG start to take a more critical look at the terms.

Bank Oil Swap Gives Goudron Go Ahead to Update Field Development Plan

LGO Energy has announced that its wholly owned subsidiary, Goudron E&P Limited, has now drawn an initial $11.78 million from the $25 million pre-paid oil swap facility agreement with BNP Paribas to fully fund the pla ...

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