Total | Egypt Oil & Gas - Part 19

Iran’s Unveiling of New Contract Model Draws Executive Attention

The Iran Petroleum Contract (IPC) was given the go-ahead by the government for implementation, reported Press TV. “The newly-devised oil contracts are the result of a collective wisdom, approved by the government with...

DRC, SacOil, Total Get Extension for Block III License

Following application to the Ministry of Hydrocarbons of the Democratic Republic of Congo (DRC), the joint venture partners, with Total E&P RDC as operator, had the Block III license extended for an additional tw...

BP Commits $229M to Three Offshore Blocks with Eni and Total

BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners, report Reuters. BP said it would have 100% e...

Total to Bring French Finances to Iran

Stephane Michel, head of Total’s Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era, r...

El Molla in Talks with Downstream Companies on Fuel Supply

The Minister of Petroleum and mineral resources, Tarek El Molla, met last week with the heads of Misr Petroleum, Co-operation Petroleum, and Total Egypt to discuss issue of fuel supply. Attended the meeting, Geol. Amr...

EGAS Announces Results of Mediterranean Bid Round

EGAS announced the result of the 2015 international exploration Mediterranean bid round, reported Egypt Oil & Gas. The results include four bids for four blocks in the Mediterranean, with a total investment of $30...

Total, Shell, BP Move into Iranian Fuel Market

Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran, reported The Guardian. Nonetheless, a Shell spokesman in London said: “We have not sought, or been granted, any...

Iran Drawing in French Oil and Non-Oil Investments

Rokneddin Javadi, Iran’s deputy petroleum minister, announced that Tehran welcomes expansion of energy cooperation with the French oil giant Total, reported Press TV. “National Iranian Oil Company welcomes expansion o...

Nigeria’s Buhari in France to Strengthening Cooperation

Nigerian President Muhammadu Buhari was scheduled to travel to Paris on Monday for a three-day official visit to France following an invitation from President Francois Hollande, South Africa’s News24 reported with inf...

Total Selling Midstream Assets in the North Sea

French oil and gas major Total is selling its midstream assets in the North Sea, reported Offshore Post. The company is selling its assets, currently two subsea pipelines and an onshore processing plant, for $905m. Th...

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