Royal Dutch Shell | Egypt Oil & Gas - Part 3
Oil Minister: Shell in Talks with Iraq over Majnoon
Negotiations between Royal Dutch Shell and Iraq over the Majnoon oilfield are continuing, the Iraqi Minister of Oil, Jabbar El Luaibi, said at a news conference on Sunday, Reuters reports. “There are still negotiation...
Shell to Sell Its Stake in Iraq’s West Qurna 1 Oilfield
Royal Dutch Shell plans to sell its stake in Iraq’s West Qurna 1 oilfield, Reuters reports. Shell owns a 20% stake in the field. The sale will be conducted by Lazard, a financial advisory and management firm, sources ...
Shell to Exit Iraq’s Majnoon Oilfield
Royal Dutch Shell is looking to conclude its operations at Iraq’s Majnoon oilfield, Reuters reports. The company will transfer its responsibilities at the oil field to the Iraqi oil ministry, according to Reuters In M...
Shell Lifts Crude from Libya’s Zueitina Port
Royal Dutch Shell lifted 600,000 barrels of crude oil from Libya’s Zueitina port, Reuters reports. This shipment represents Shell’s first shipment from Libya for five years, according to Reuters. Operations at the Zue...
S Africa Evaluates 5 Shale Gas Exploration Applications
South Africa’s government is reviewing five shale gas exploration licenses in the semi-arid Karoo basin. The recommendations are expected to be finalized soon, after the delay that was caused by the environmental obje...
Shell Signs New Agreement in Oman
Royal Dutch Shell signed a heads of agreement with Oman Oil Company Exploration & Production (OOCEP). The agreement allows Shell to work on Block 42 in Oman, reported Your Industry News. OOCEP issued a statement o...
Kuwait to Buy Shell’s Bongkot Stake in Thailand
Royal Dutch Shell has said it will sell its stake in Thailand’s Bongkot gas field to Kuwait Foreign Petroleum Exploration Company (KUFPEC) for $900m, Arabian Business reported. The transaction will include Shell...
Iran Qualified 29 Firms to Bid for Oil, Gas
Iran has named 29 companies from more than a dozen countries as being allowed to bid for oil and gas projects using the new, less restrictive Iran Petroleum Contract (IPC) model, Reuters reported. China National Petro...
