Shell Reaches Settlement over Nigeria Oil Spill

• Wednesday, 7th January 2015
• by Egypt Oil & Gas

Oil major Royal Dutch Shell has agreed to a $84m settlement with residents of the Bodo community in the Niger Delta for two oil spills. Lawyers for 15,600 Nigerian fishermen say their clients will receive $3,300 each ...

Bapetco to Spud New Wells in the Western Desert

• Wednesday, 15th February 2012
• by Egypt Oil & Gas

Badr Petroleum Company (Bapetco) has announced plans to drill two new wells, which are pat of the company’s declared development plan for the fiscal year of 2011/2012. The first well, OBAJS-1X, is an exploratory oil-p...

Shell to Spend Nearly $1B on Offshore Nova Scotia Oil Exploration

• Saturday, 21st January 2012
• by Egypt Oil & Gas

Royal Dutch Shell PLC said Friday it will spend nearly 986.78 million (C$1 billion) on deepwater oil exploration off the coast of Nova Scotia. Shell bid C$970 million (US $962 million) for four offshore parcels more t...

Shell to continue deep-water drilling

• Tuesday, 29th June 2010
• by Egypt Oil & Gas

Royal Dutch Shell will continue its deep-water drilling programme to meet rising global oil demand, its chief executive said, despite safety concerns following rival BP’s Gulf of Mexico blowout. ‘Given the...