Shell offers Rosetta concession for sale
The government owes Shell $1.3bn for their share of the gas field, says source. Royal Dutch Shell has offered the Rosetta concession in Rashid for sale to any foreign company. A source close to the company told Daily News Egypt that Shell decided not to carry out any development operations in Rosetta. “Development will be […]
Minister of Petroleum reviews progress of BP's North Alexandria gas projects
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, met with the Higher Committee, comprised of the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS), Petrobel, British oil major BP to follow up on the development of the North Alexandria project, Eng. Mohamed Al-Masry EGAS Chairman, Eng. Tarek El Hadidy, […]
Video: Egypt Megaproject – On the way to the first fire (Siemens)
The Egypt Megaproject, is about to reach an essential milestone soon: the first firing of the gas turbines. See what is going on behind the scenes at the power plant sites and meet the people who work in close cooperation and on a tight time schedule to deliver on this big challenge on time. http://www.siemens.com/egyptmegaproject […]
Shell to boost deepwater investments, but is owed substantially by government
Shell will be increasing exploration and drilling at its deepwater concessions in Burullus and Rosetta concessions, according to statements by Aidan Murphy, Shell Egypt VP and country chairman. The company plans to expand its investments there following promising data on the size of the concessions. Murphy also stated that the company is owed a substantial […]
Subsea 7 awards Van Oord two offshore contracts for BP's West Nile Delta work in Egypt
Van Oord has been awarded two contracts by international contractor Subsea 7. The assignments include the construction of a landfall and the execution of subsea rock installation works in Egypt. The projects are part of the West Nile Delta project, which comprises the development of a series of gas fields, located 65 km off the […]
BP to process 650 mcf/d of North Alexandria gas at Shell’s Burullus processing plant
BP’s agreement with Royal Dutch Shell will see gas produced from North Alexandria project at $0.3 per million feet, says source. BP signed an agreement with Royal Dutch Shell to process 650m cubic feet of gas, produced from its North Alexandria project, at Shell’s Burullus station for $0.3 per million feet. A senior source in […]
Siemens begins trial run of El Burullus plant on Tuesday
Siemens will conduct the first trial run of the Burullus power plant on Tuesday, government sources told Al Borsa. The company has already successfully tested the combined cycle plants at the new capital and Beni Suef power plants earlier this month. The Beni Suef plant will be connected to the national grid by the end […]
Egypt eyes Idku LNG restart following Shell deal
Egypt is slowly moving closer to restarting LNG exports following a deal with Shell to raise the volume of gas sent to the Idku LNG plant. Shell cut a deal with the Egyptian government in mid-September to send 3.54 million cubic metres per day to Idku from the company’s gas fields to compensate for some […]
Video: Egypt Megaproject – Ramping up to power Egypt (Siemens)
The Egypt Megaproject is well under way. The power plants and substations in New Capital, Beni Suef and Burullus are quickly developing. The first batch of Egyptian power plant operators have been trained in Egypt and Germany. See our documentary movie on how the project has advanced since June 2015. http://www.siemens.com/egypt-megaproject (Source: Siemens AG)
Shell targets exporting liquified gas through Idku plant every 20 days
Royal Dutch Shell exported a shipment of liquefied gas to world markets through Idku, a liquefaction plant affiliated to Royal Dutch Shell, in mid-September after receiving about 200m cubic feet per day from the Burullus field gas production. A senior source in the petroleum sector told Daily News Egypt that Shell aims to export a […]