investments | Egypt Oil & Gas - Part 38
Shell Cut Burullus, Rasheed Investments
Royal Dutch Shell reduced its investments in Burullus and Rasheed gas fields to $158.9m for maintenance and operating expenses over the current fiscal year.
Egyptian, Chinese Gas Associations Strengthen Cooperation
The Egyptian Gas Association (EGA) held a meeting with the Chinese Gas Association's (CGA) delegates, led by Wang Dong, the Chairman of the Beijing Enterprises Group Company Ltd.'s Board, and Li Ya Lan, the Chairman ...
Zanzibar to Directly Negotiate Oil, Gas Deals
Zanzibar, a Tanzanian archipelago off the coast of East Africa, will soon start direct talks with investors in the oil and gas sector, thanks to a new law to be passed by Tanzania’s House of Representatives.
Egypt’s Gas Outputs to Reach 6bcf/d by 2020
A recent report from Egyptian Natural Gas Holding Co (EGAS) stated that the Egyptian oil and gas sector is aiming to increase the country's production of natural gas gradually from 4bcf/d to reach 6bcf/d of gas by 2020.
Iran Exported 2.74mb/d of Crude in July
With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.
BP Eyes Gas Production Rise in Atoll Field
BP eyes boosting Atoll field production from the current 200mcf/d to 300mcf/d of gas by December 2018.
China Eying Oil, Gas Investments in Sudan
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
Oil Ministry: Egypt’s Oil&Gas Industry Is Stable
The Egyptian Ministry of Petroleum and Mineral Resources has assured that the oil and gas industry is currently stable despite decrease in global oil prices.
