gas | Egypt Oil & Gas - Part 38

BG Acquires New Stakes in Newfoundland

British-based BG announced their partial acquisition of three exploration blocks off the coast of Newfoundland, CBC

Shell Quits Arctic, Halts Drilling

In a surprise move, Royal Dutch Shell is abandoning its Arctic drilling plans, reported the BBC.

EGAS to Resume Gas Supply to Factories Gradually

EGAS still is refraining from supplying to MOBCO, Misriya 1 and 2, Nasr, Helwan, Alexandria, and APEC fertilizer factories thanks to the continued rising fuel demands of power plants, an EGAS official explained in s ...

Egypt to Connect 1.2m Households to National Gas Grid

Tarek el Molla, Egypt's Petroleum Minister said "The oil sector is to adopt a new strategy to increase natural gas delivery rates to 1.2 million homes across Egypt this fiscal year (2015/2016)," reported Amwal Al Gha ...

Oman Financing Gas and Oil Cooperation with Iran

Iran and Oman have signed an agreement to study an undersea gas pipeline said Alireza Kameli National Iranian Gas Exports Company (NIGEC)

Egypt’s Petroleum Minister: Foreign Partner’s Monthly Oil, Gas Shares Declined by 26%

New Minister of Petroleum and Mineral Resources Tarek El Molla said that the value of foreign partners’ share of oil and gas declined by 26% from $880m in FY 2014/2015 to reach $650m per month during current FY 2015/ ...

Tarek El-Molla to be Egypt’s New Petroleum Minister

Tarek El-Molla has been appointed as the new Minister of Petroleum of Egypt, Egypt Oil & Gas has learned.

Ganope’s Seismic Surveys Moves Ahead for 2014-2015

During the 2014-2015 fiscal year a number of seismic, gravitational, and magnetic surveys were completed, with others still underway.

$6b for Bahrain Refinery and LNG Tenders, Minister Says

Bahrain will start tendering major oil and gas projects worth more than $6b over the next few months

US Shale Production Drops

US shale fields across the country reported production drops of a combined 80,000 b/d, the EIA

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