Shell | Egypt Oil & Gas - Part 40
ExxonMobil Looks at Mergers and Acquisitions
Speaking to analysts in New York last month, Rex Tillerson, chief executive of ExxonMobil, stressed how the company’s great financial strength gave it options that were not available to most of its competitors. “We ma...
Shell Eyes Potential Iran Deal
The multinational oil and gas giant, Royal Dutch Shell plc is reportedly seeking to return to Iran once sanctions against the country over its nuclear program are lifted. Iranian media reports said Wednesday that the ...
Shell Acquires BG for $70Bn
Royal Dutch Shell announced on Wednesday its deal to acquire gas giant BG for $70bn, reported Reuters. The deal is a rare and major acquisition in the oil world. Shell’s decision was driven by its goal to close the ga...
Greenpeace Boards Shell Vessel in Protest of Arctic Plans
Arctic-drilling protesters from Greenpeace climbed aboard a Royal Dutch Shell Plc oil rig Monday as it was transported across the Pacific Ocean northwest of Hawaii. Six Greenpeace members approached the rig, the Polar...
Dutch Shell to Start Seismic Surveys in Newest Concession Block in Egypt
Dutch Shell is preparing oil and gas exploration work in Egypt as part of its first seismic surveys in its newest concession area in the Abyad region, North Matrouh. It is currently increasing its activities through B...
No Time Frame for Shell’s Nigeria Oil Well to Restart
Shell has no timeline to restart the Seibou 2 wellhead in Nigeria that it closed in January after it leaked 550 barrels of crude oil, a spokeswoman said on Friday. The company said it closed the well, which is operate...
Shell’s Qatar Plant for 2-Month ‘Turnaround’ Maintenance
Royal Dutch Shell has entered planned maintenance in February 2015 at the Pearl gas-to-liquids (GTL) plant, in Qatar. Pearl GTL comprises two identical GTL ‘trains’, with a total capacity of 140,000 b/d of GTL product...
Oil and Gas Deals Worth $9.2 Billion Underway in Egypt
Egypt has three major oil and gas deals worth a total of $9.2 billion underway, after attracting investment of about $2.9 billion for oil and gas exploration in just over a year, a spokesman for the energy ministry to...
