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Oil & Gas

Shell shareholders vote in favour of recommended combination between Shell and BG

Posted: January 27, 2016 at 5:38 pm   /   Oil & Gas

Royal Dutch Shell plc announces the poll result from today’s General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands. Shell shareholders expressed their support for the recommended combination with BG […]

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Infographic: The LNG Chain (BG Group)

Posted: January 27, 2016 at 1:38 pm   /   Oil & Gas

The LNG Chain Learn about BG’s flexible LNG business model: www.bg-group.com/29/about-us/lng/ (Source: BG Group)

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BW Singapore LNG FSRU in full operation in Ain Sokhna, Egypt

Posted: January 27, 2016 at 1:19 pm   /   Oil & Gas

In continuation of press release dated 4 August 2015 where BW announced the winning of an EGAS tender for the provision of regasification services in Ain Sokhna, Egypt, LNG Floating Storage and Regasification unit (FSRU) […]

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Eni CEO Claudio Descalzi at "Middle East and North Africa Energy"

Posted: January 26, 2016 at 8:39 pm   /   Oil & Gas

Eni CEO is one of the speakers, along with the Secretary General of OPEC, HE Abdalla Salem El-Badri, at the opening session of the “Middle East and North Africa Energy” 2016 conference, to be held […]

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Nostra Terra and Independent Resources provide update on East Ghazalat concession

Posted: January 26, 2016 at 7:31 pm   /   Oil & Gas

Nostra Terra and Independent Resources plc make the following announcement in relation to the East Ghazalat concession in Egypt: North has served a notice of default pursuant to the terms of the JOA (joint operating […]

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Bapetco's budget ratified as Shell increased investment to $438 million this year

Posted: January 26, 2016 at 7:10 pm   /   Oil & Gas

Drilling of 14 exploratory and developmental wells with 100% of drilling plan achieved during first half of current fiscal year. Badr El Din Petroleum Company (Bapetco) General Assembly Meeting, chaired by Eng. Tarek El-Molla, Minister […]

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Egyptian Refining Co to start output at country's largest refinery in Q1 2017

Posted: January 24, 2016 at 1:00 pm   /   Oil & Gas

The Egyptian Refining Company, a subsidiary of one of Egypt’s largest investment companies Qalaa Holdings, will start production at its $3.7 billion oil refinery in the first quarter of 2017, managing director Mohammed Saad said. […]

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Eni completes sale of 12.5% of Saipem share capital to Fondo Strategico Italiano

Posted: January 23, 2016 at 5:40 pm   /   Oil & Gas

The Shareholders Agreement between Eni and FSI has taken full effect With reference to the sale and purchase agreement between Eni S.p.A. and Fondo Strategico Italiano S.p.A., the object of which is the sale, from […]

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Eni partners for Zohr gas development known this year

Posted: January 20, 2016 at 2:45 pm   /   Oil & Gas

New development partners for Egypt’s mega gas find will be announced this year, according to Italy’s Eni. The company said that it had received interest from “several companies” to help develop the Zohr discovery, which […]

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BP remains ambitious on gas in Egypt despite weak oil prices

Posted: January 20, 2016 at 12:43 pm   /   Oil & Gas

Britain’s BP Plc aims to double natural gas production in Egypt in the next four years despite weak oil prices as Egypt’s burgeoning energy market offers hope for its battered economy. Egypt is on a […]

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