Iran to Start Global Tenders

• Tuesday, 18th October 2016
• by Egypt Oil & Gas

Iran’s Deputy Oil Minister, Ali Kardor, announced that Iran will invite foreign companies to bid for oil and gas projects in the country’s first round of tenders since sanctions were lifted in January, rep...

Rising Oil Prices Add Pressure to Shell-BG Deal

• Thursday, 30th April 2015
• by Egypt Oil & Gas

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. Annou...

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

• Wednesday, 18th March 2015
• by Egypt Oil & Gas

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 ...