Shell | Egypt Oil & Gas - Part 11

Shell Expects at Best Steady Fuel Sales in Q1 2021

Shell expects its fuel sales to decline or stay broadly steady in Q1 2021 as some Coronavirus restrictions ease, according to Reuters.

Qatar Petroleum, Shell Sign Agreement for Offshore Blocks in Namibia

Qatar Petroleum has signed an agreement with Shell to become a partner in two exploration blocks offshore Namibia, according to Qatar Petroleum’s press release.

Shell Wins Award of Most Growing Investor in Oil, Gas Sector

Shell won the BT100 award for the most growing investor in Egypt’s oil and gas sector for its role in developing the energy sector’s infrastructure.

Shell Resumes Gasoline, Diesel Production at Deer Park

Shell resumed the gasoline, and diesel producing units on March, 15 at its 318,000 barrels per day (bbl/d) at Deer park, a joint venture refinery, in Texas, according to Reuters.

MoP, Shell Egypt Sign Two Agreements for Western Mediterranean Exploration

The Minister of Petroleum and Mineral Resources, Tarek El Molla signed two new agreements with Shell Egypt in the Herodotus Basin in offshore deep-water concession area in the Western Mediterranean, a press releas ...

Gazprom, Shell Sign Strategic Cooperation Agreement

Gazprom Company announced that it has signed a strategic cooperation agreement with Shell Company for five years.

Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets

Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheir ...

Heir Acquires 45% Stake in Nigeria’s OML

Heirs Holdings Company announced it has acquired of in partnership with Transactional Corporation of Nigeria a stake of 45% in Nigerian Oil License OML 17 and related assets from companies of Shell, Total and Eni ...

Bolivia Announces Natural Gas Discovery of 1 tcf

Bolivia has made a new natural gas discovery of 1 trillion cubic feet (tcf) in the Caipipendi field of the southern department of Chuquisaca and the country plans for its exploitation in 2021.

Shell Reduces Assets Value Up to $4.5 B

Shell reduced the value of its oil and gas assets by $3.5 billion to $4.5 billion to adjust to a more vulnerable outlook in Q4 2020.

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