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Tag: BG

West Nile Delta Phase 9B production expected at 350-400 mcf/day

Posted: March 21, 2018 at 8:46 pm   /   Oil & Gas

New production at Shell’s (formerly BG’s) West Nile Delta field 9B is expected to reach 350-400 mcf per day by 2019, an Egyptian petroleum ministry official told Reuters on Monday. Separately, production from the first 3 wells in the field is set to begin in the 2018-2019 fiscal year, the ministry said in a statement […]

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Shell in talks with Ministry to increase its share of Phase 9B gas production

Posted: December 19, 2017 at 9:38 am   /   Oil & Gas

Shell has apparently entered talks with the Oil Ministry to increase its share of gas produced to offset their investment costs from Phase 9B of the West Delta Deep Marine Concession, government sources tell Al Borsa. The company is looking to recoup the investment costs of developing the concession sooner, they added. The company plans […]

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Drilling at Shell’s Phase 9B a “matter of time” – EGAS

Posted: November 2, 2017 at 8:06 pm   /   Oil & Gas

Starting drilling in Shell’s Phase 9B wells is a matter of time, a source at EGAS told Al Mal. The source says preparations for drilling are underway, but that they have not begun yet. The project, which involves the drilling of eight new wells to add capacity of 387 mmcf/d. BG Egypt, before being acquired […]

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Gasser Hanter: Shell positioning itself as Egypt’s preferred future partner

Posted: September 19, 2017 at 4:13 pm   /   Oil & Gas

The Apollonia project can boost Egypt’s unconventional oil/gas exploration and production. In the wake of the ongoing economic reform programme adopted by the authorities and the plans to transform Egypt into a major energy hub, Daily News Egypt sat with Gasser Hanter, Vice President Upstream, Country Chair & Managing Director of Shell Egypt, which is […]

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Shell considers buying Israeli, Cyprus gas for Egypt Idku LNG plant

Posted: August 21, 2017 at 12:36 pm   /   Oil & Gas

• Gas from Leviathan, Aphrodite may be sent to Idku LNG facility. • Some fuel from Aphrodite field could also be sold in Cyprus. Royal Dutch Shell Plc is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub. […]

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Shell, Petronas to begin work on Burullus phase 9B gas field in 4Q2017

Posted: July 19, 2017 at 1:17 pm   /   Oil & Gas

Royal Dutch Shell and Malaysia’s Petronas will begin work on phase 9B of the Burullus gas field in 4Q2017, after having suspended work last year over pricing disagreements with the government, Oil Minister Tarek El Molla said, according to Al Shorouk. The two sides eventually reached an agreement, but work on the field later stalled […]

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Shell repays $2 billion Idku loan ahead of schedule

Posted: July 13, 2017 at 1:28 pm   /   Oil & Gas

Royal Dutch Shell repaid the final installment in the second tranche of a USD 2 billion loan issued to BG to build the Idku liquefaction plant ahead of schedule, a statement from the Petroleum Ministry picked up by Al Mal says. The company had said in January that it would complete the payments by December […]

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Shell, Petronas begin working on Burullus gas field phase 9B

Posted: February 21, 2017 at 1:09 pm   /   Oil & Gas

Royal Dutch Shell and Malaysia’s Petronas have begun working on phase 9B of the Burullus gas field, an unnamed EGAS official tells Al Shorouk. The USD 950 mn project involves drilling eight new wells with a daily capacity of 387 mcf. BG, since acquired by Shell, had suspended work on phase 9A+ and 9B of […]

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Shell to complete repayment of Idku liquefaction plant loan by end of 2017

Posted: January 3, 2017 at 1:33 pm   /   Oil & Gas

Royal Dutch Shell will complete repayment by December 2017 of the second tranche of a USD 2 bn loan issued to BG to build the Idku liquefaction plant, sources told Al Borsa. EGPC agreed to pay USD 480 mn of the first installment due to the Idku plant halting operations in 2012. The Idku plant […]

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Report: Shell considering sale of Rosetta block offshore Egypt

Posted: December 24, 2016 at 8:20 pm   /   Oil & Gas

Shell is reportedly looking to sell its Rosetta offshore production license it operates in Egypt. According to Egypt Daily News, the oil and gas giant is giving up on further any development work on the concession located in the Mediterranean Sea due to a lack of economic feasibility. The newspaper cited an unnamed source who […]

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