Royal Dutch Shell | Egypt Oil & Gas - Part 4
Shell to Sell Rosetta concession
Royal Dutch Shell Company offered the Egyptian Rosetta concession in Rashid up for sale. A source close to the company stated that Shell decided it won’t complete development operations in Rosetta. He added: “De...
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. The field produces 40bcf/d of gas, yet Shell will cease investments in the development while dues owed b...
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, announced the company in a press release to Egypt Oil&Gas. H...
Egypt Accepted 6 IOCs’ Oil, Gas Bids for $200m
The Egyptian General Petroleum Corporation (EGPC) has announced results of the bid rounds for the exploration and production of oil and natural gas for 2016 in the Gulf of Suez and Western Dessert, Egypt Oil&Gas r...
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, reported Reuters. Shell is seeking to slim down its vast oil and gas portfolio following the $5...
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, Bloomberg reported. Nigeria’s Oil Minister, Emmanuel Ib...
Statoil to Decide on LNG Export Terminal in 5 Years
Statoil’s Tanzania Country Manager, Oystein Michelsen, said that the final investment decision on a Tanzania’s $30b onshore liquefied natural gas (LNG) export terminal will not be made for at least five ye...
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, World Oil reported. It consists of one well in Bloc...
