Shell | Egypt Oil & Gas - Part 42

Qatar buys “major” stake in oil giant Shell

Gas-rich Qatar is ploughing more of its commodity wealth back into the sector with the purchase of a major stake in Royal Dutch Shell, while also reportedly eyeing a chunk of Italian oil major ENI. A Shell spokeswoman...

Shell launches $1.8bn Cove takeover

Anglo-Dutch supermajor Shell announced it had reached an agreement with Cove Energy on the terms of a recommended cash offer which values the latter at £1.12 billion ($1.8 billion). Shell said it would offer 220 pence...

Shell assessing $4 bln Nigeria oil projects

Royal Dutch Shell Plc is assessing projects that could be worth around $4 billion to boost oil production in Nigeria and cut flaring of associated natural gas, Chief Executive Peter Voser said in comments published on...

ABB wins contract from Shell to build power plant in Iraq

ABB, the leading power and automation technology group, has won a $60 million contract from Shell Gas Iraq B.V. to build a new power plant in southern Iraq. The power plant will be operated by the Basrah Gas Company, ...

Iraq, Shell New Venture to Boost Gas Output in 2012

A joint venture between Iraq, Royal Dutch Shell plc and Mitsubishi Corp. to capture and process huge volumes of gas flared from its giant southern oil fields is expected to start production this year, a senior Iraqi o...

Shell drills more than 100 oil shale wells in Jordan

Royal Dutch Shell has drilled more than 100 wells in Jordan in the two years since it signed a concession agreement to explore for oil from the country’s vast oil shale reserves, a person familiar with the proje...

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