Shell | Egypt Oil & Gas - Part 30

Shell Announces New Gas Discovery in Egypt

International oil giant, Shell Petroleum Company, discovered a new gas field in Alam El Shawish concession area in the Western Desert, informed Egypt Oil&Gas citing an exclusive press release by Shell Egypt.

Iraq to Review Oil Foreign Contracts

Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.

Iraq Reached $3.6b Foreign Oil Investment Deal

Iraq has reached an agreement with BP, Shell, and Lukoil to restart stalled investment in oil fields that the firms are developing, allowing projects that were halted this year to resume and crude production to incre ...

Egypt to Rerun ADCO, Damietta Gas Liquefaction Factories

The Egyptian Ministry of Petroleum and Mineral Resources is to rerun ADCO and Damietta gas liquefaction factories by 2020/ 2021.

Brazil Hits Record Oil, Gas Output in June

Brazil's oil and natural gas production increased to its highest-ever level of 3.21mb/d in June, a rise of 7.1% compared to a year earlier.

Nigeria’s Oil Production Drops

Nigerian oil production has dropped to 1.4mb/d due to attacks by armed militant groups, the Nigerian Oil Minister, Ibe Kachikwu, declared.

Nigerian Militants Blast Shell Oil Pipeline

Nigerian militants blew up a crude pipeline operated by Anglo-Dutch oil giant Shell in the south region of Odimodi community, in the Delta state.

Oil Ministry’s Dues Owed to Shell, BG Increase to $1.1b

The total amount of dues that are owed by the Egyptian Ministry of Petroleum to British Gas (BG) and Shell, in return for their shares in the gas produced at El-Borollos and Rasheed fields, have increased to $1.1b, f ...

Shell Demands Aramco to Pay $2b in Compensation for JV Breakup

Royal Dutch Shell has asked Saudi Aramco for up to $2b as part of the breakup of their giant Motiva Enterprises refining joint venture (JV) in the United States.

Shell Reveals $342m Investment Plans in Egypt

Royal Dutch Shell has announced its new plans for the coming fiscal year (FY) 2016/2017 in Egypt. The Anglo-Dutch oil and gas giant sets its eyes on investing $342m in drilling 33 wells in its concession areas that a ...

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