Rasheed | Egypt Oil & Gas

Natural Decline of Burullus, Rasheed Fields to Reach 10 mmscf

Despite the high natural decline rate, 9B phase will make up for the decline as it gets connected to Burullus field before the end of fiscal year (FY) 2018/19.

BP to Produce 600mcf of Gas in Northern Alexandria

The British Petroleum (BP) intends to process 600mcf of gas per day from Taurus and Libra fields in Northern Alexandria by the end of April.

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.

Egypt’s El Beheira Governorate Mulls Solar Projects

The Egyptian governorate of El Beheira has received offers to construct solar energy power plants in Wadi El Natrun and Rasheed worth EGP 1.7b, with capacities ranging from 20 MW to 50 MW, over the course of two years.

Oil Ministry’s Dues Owed to Shell, BG Increase to $1.1b

The total amount of dues that are owed by the Egyptian Ministry of Petroleum to British Gas (BG) and Shell, in return for their shares in the gas produced at El-Borollos and Rasheed fields, have increased to $1.1b, f ...

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