Wednesday, 10th March 2021
Shell Egypt has announced that it entered into a share purchase agreement (SPA) for its onshore assets in the Western Desert of Egypt, with a consortium made up of subsidiaries of Cherion Petroleum Corporation and Carin Energy PLC.
Wednesday, 20th January 2021
The Minster of Petroleum and Mineral Resources, Tarek El Molla, signed an agreement with Shell Egypt for oil and natural gas exploration in concession area (4) in the Red Sea deep water.
Sunday, 3rd January 2021
Shell Egypt has announced it signed production sharing contracts (PSCs) in the offshore and deep-water concession of the Red Sea at Block 3 with distance of 3,097 Km² and in the offshore North Kanayes of Herodotus Basin in the West Mediterranean concession by 30% share. The contracts are shared with Total company, the main operator of the project, by 35%, KUFPEC limited by 25% and Tharwa Petroleum company by 10% at distance of 4,445 Km².
Tuesday, 21st April 2020
Pharos Energy company announced that its board decided to withdraw from the consortium that is evaluating the opportunity of acquiring Shell’s Western Desert Assets.
Sunday, 29th December 2019
The first concession is located in Block 4 which was awarded to Shell in partnership with Mubadala Petroleum (30%), while the second concession is located in Block 3 with Shell being the sole license holder.
Sunday, 17th November 2019
The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for oil in different regions.
Sunday, 20th October 2019
Shell Egypt is putting its current onshore upstream assets in the Western Desert up for sale to be able to focus on expanding its Egyptian offshore exploration and integrated gas business.
Tuesday, 15th October 2019
Shell Egypt participates in the 10th Mediterranean Offshore Conference and Exhibition (MOC 2019) under the patronage of Tarek El Molla, Minister of Petroleum and Mineral Resources, at the Bibliotheca Alexandria Conference Center.
Sunday, 15th September 2019
Shell Egypt has announced the selection of two Egyptian entrepreneurs, Baramoda and Tink, out of nine nominated companies graduated from Shell’s program ‘Intilaqaah’. The two entrepreneurs were nominated among the top 21 companies worldwide in the LiveWire Competition for the top ten innovators.
Monday, 26th August 2019
Shell announced that the “Discoverer India” Drillship will start drilling in the first 6,000 meters deep marine well, West Delta Deep Marine (WDDM) concession by the end of this August.