Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month
Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]
Bapetco made eight new discoveries in Egypt in FY 2019-2020
Shell-EGPC JV Badr El-Din Petroleum Company (Bapetco) made eight new discoveries in its Egypt concessions in FY2019-2020 with confirmed oil reserves of 10.6 mn bbl, according to an Oil Ministry statement. Bapetco drilled 44 developmental wells and one exploratory well last fiscal year. (Source: Enterprise.press)
Egypt, Shell sign agreement for the development of JV Bapetco
The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Shell Egypt to develop Badr El Din Petroleum Company (Bapetco). The deal has been inked by both head of EGPC and chairman of Shell Egypt Gasser Hantar, according to the petroleum ministry’s statement. This initiative came as part of the petroleum sector’s strategy to maximise the […]
Vallourec signs gas wells tubular solutions contract with BAPETCO, a Shell JV in Egypt
Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation (EGPC). Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation. This agreement concerns the supply of tubular solutions […]
Bapetco invested $202 million in FY 2016/17
The chairman of Badr El Din Petroleum Co (Bapetco), Sabry El-Sharkawy, on Wednesday said that his firm invested about $202 million in fiscal year 2016/2017, according to a statement by the Ministry of Petroleum (MoP). The company’s average production rate from Egypt’s Western Desert’s fields increased to 131,000 barrels of oil equivalent (BOEs), El-Sharkawy added […]
Ministry: 8 new wells produce 517 MMCFD of gas in H1 2016
Egyptian Oil Ministry announced Monday that eight new wells started production since the beginning of the second half of 2016. In its reports, the ministry stated that these wells, which are affiliated to different firms, added 517 million cubic feet of natural gas and 2,500 barrels of crude oil to Egypt’s national production. The new […]
Oil Ministry announces new natural gas discovery in Shell's Alam El Shawish Western Desert concession
An Oil Ministry report on the Alam El Shawish field in the Western Desert suggests that the concession has a production capacity of 20 mcf/d and preliminary estimated reserves of 500 bcf, Al Masry Al Youm reported. The well is operated by Royal Dutch Shell JV Badr El Din Petroleum (Bapetco). Production is expected to […]
Bapetco adds 4,500 bbl/d of crude, natural gas from Western Desert
The Oil Ministry announced it has brought on-stream production from two wells, operated by Shell’s JV in Egypt Bapetco, in the Western Desert, producing at a rate of 4,500 boe/d, Al Masry Al Youm reported. The first well produces 12 mcf/d of natural gas, while the second produces 2,500 bbl/d of crude oil, according to […]
Shell plans drilling of 33 wells in BAPETCO concessions in 2016/2017
Dutch company Shell targets drilling 33 wells in its concession areas that are operated by Badr El Din Petroleum Company (BAPETCO) during the next fiscal year (FY). The plan includes 19 wells to develop gas production, 10 wells to inject water into, and 4 wells to explore for gas. A senior source in the petroleum […]
Shell, Apache & Petroleum Ministry agree on Apollonia field shale gas price
• The new agreement decided on $4.6 per 1m thermal units instead of $2.9. • Apache completed drilling two horizontal wells in the limestone layers of the Western Desert. Dutch company Shell and the American Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia […]
