Shell | Egypt Oil & Gas - Part 15

Al-Sisi Issues New Decree for E&P Activities in Red Sea

President Abdel Fattah Al-Sisi issued Law No. 160 of 2020 licensing the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with international oil companies (IOCs) for exploration and producti ...

Shell to Sell Interest in Deer Park Refinery to Pemex

Shell Oil Company, a subsidiary of Royal Dutch Shell plc, agreed to sale its interest in Deer Park refinery to partner Petroleos Mexicanos (Pemex) for about $596 million, according to Shell's press release.

Shell to Sell Malampaya Gas Field Shares

Shell has signed an agreement to sell its shares in the Malampaya gas field to Malampaya Energy XP for about $460 million.

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 ...

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