gas | Egypt Oil & Gas - Part 33

EU to Loan Egypt $74m to Connect Households to Gas Grid

Egypt has signed a loan agreement with the EU for $74.5m (EUR 68m) to help finance a number of projects for the delivery of natural gas in Egypt, especially to poorest areas, reports Egypt Oil & Gas.

BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell

Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.

EGPC to Issue New Bid Round in December

Sources at the Egyptian General Petroleum Corporation (EGPC) have informed Egypt Oil & Gas that a new bid round will be announced at the end of December 2015.

Eni to Produce 70,000 Boepd from Nile Delta

Eni has announced in a press release the success of the appraisal well "Nidoco North West 3," in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta.

PetroSA CEO Under Investigation in South Africa

South Africa's state oil company PetroSA said on Friday it had terminated its CEO’s contract

Norway Gas Pipeline Court Ruling Being Contested

A group of international investors will appeal against a ruling by an Oslo court regarding Norway's decision to cut natural gas pipeline tariffs for the 8,000-km (5,000-mile) Gassled gas pipeline network

EGAS, Eni in Negotiation to Speed Up Linking Shorouk to Grid

The Egyptian Natural Gas Holding Co. (EGAS) is holding intensive meetings with Italian Eni officials to speed up linking Eni's new discovery Zohr field, in the Shorouk concession to the national gas grid, reported ...

BP Beats Profit Estimates for Q3, Boost by Refining.

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

Energean Appoints New Country Manager Egypt

Energean Oil & Gas, an exploration and production company focused on the Mediterranean and North Africa, has appointed Dr. Medhat Tarakhan as Country General Manager in Egypt, reported Oil & Gas Financial Journal.

Exclusive: Zohr’s Financial Agreement & Seismic Data

Egypt Oil & Gas was able to obtain maps, and financial details regarding the Zohr discovery.

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