EGPC Secures Revolving Letter of Credit to BP

• Monday, 2nd November 2015
• by Egypt Oil & Gas

Osama Kamal, Former Ministry of Petroleum, told Daily News Egypt that the North Alexandria deal includes a revolving letter of credit worth the contractor’s share value in the gas that is renewed every three months.

North Alexandria Concession to Begin Production Early 2017

• Sunday, 25th October 2015
• by Egypt Oil & Gas

Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.

Contractor Awarded $500m by BP and DEA for North Alexandria

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

Subsea 7 S.A. today announced the award of a contract with a value of approximately USD 500 million by BP, and partner DEA, for the development of the Taurus and Libra subsea fields offshore Alexandria, Egypt.

BP Awards OneSubsea Contract for WND

• Sunday, 26th April 2015
• by Egypt Oil & Gas

OneSubsea, a Cameron and Schlumberger company, has been awarded a contract to supply subsea systems for the BP West Nile Delta Development (WND)’s Taurus Libra fields in Egypt.