Royal Dutch Shell | Egypt Oil & Gas - Part 4

Egypt Owes $1.35b to Shell

Egypt's Ministry of Petroleum owes $1.35b in outstanding dues to Royal Dutch Shell for equity production from Rashid and Burullus fields’ concessions.

Shell to Sell Rosetta concession

Royal Dutch Shell Company offered the Egyptian Rosetta concession in Rashid up for sale.

Shell to Stop Gas Output in Rosetta Field

Royal Dutch Shell will halt gas production from Egypt's Rosetta field in Rashid concession, in July 2017. Shell will cease investments in the development while dues owed by the Egyptian government continue to accumu ...

Shell Appointed New Country Chair in Egypt

Royal Dutch Shell has appointed Eng. Gasser Hanter as the new Vice President Upstream, Country Chair and Managing Director for Shell Companies in Egypt.

Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m

Egypt has accepted six bids from international companies to drill 33 wells in six different areas for a total investment of $200m.

Shell to Sell Iraqi Oil Assets

Royal Dutch Shell is considering selling out of its oil fields in Iraq as part of its global $30b asset disposal program.

Nigeria Reaches $5.1b Debt Deal with Oil Majors

Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs.

Statoil to Decide on LNG Export Terminal in 5 Years

The final investment decision (FID) on a Tanzania's $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five years.

Shell Started Drilling Offshore Tanzania

Royal Dutch Shell and its joint venture (JV) partners, Pavilion Energy and Ophir Energy, have started $80m Noble Globetrotter II drilling campaign offshore Tanzania.

Kuwait Cut Fuel Premiums

Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.

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