Shell, EGAS, Petronas award Idku Energy Hub project FEED to Bechtel-led coalition
Decarbonizing Egypt’s facilities for a net-zero future Shell Egypt, EGAS and Petronas have awarded a front-end engineering and design (FEED) contract to a Bechtel-led coalition that includes Enppi and Petrojet to study a proposed unified power system between the onshore gas processing plant of the West Delta Deep Marine (WDDM) gas fields in the Mediterranean […]
Petronas Exploring $3 Billion African Upstream Asset Sale
Petronas could sell its Egyptian upstream assets as it looks to offload part of its African portfolio: Malaysian oil firm Petroliam Nasional Berhad (Petronas) is inviting bids for its upstream assets in Africa — including its local concessions — in a transaction that could be worth up to USD 3 bn, Bloomberg reports, citing sources it says has knowledge of the […]
PETRONAS Retains Position as World’s Strongest Oil and Gas Brand
PETRONAS has maintained its position as the world’s strongest Oil and Gas (O&G) brand for the third consecutive year, according to Brand Finance’s 2022 annual report on the most valuable and strongest O&G brands. The company also remains among the top 10 most valuable O&G brands globally in 2022. PETRONAS’ rank has been attributed to […]
Egypt exporting 520 mmcf/d of natural gas from Idku LNG plant – official
Egypt is currently exporting 520 million cubic feet of liquified natural gas (LNG) per day from its Idku export plant, a petroleum ministry official said on Wednesday. The country had been exporting 300 million cubic feet of LNG, the official said. The gas is exported by Malaysia’s Petronas, Royal Dutch Shell, and Egypt’s two main […]
Egypt inks $1 billion WDDM exploration deal with Shell, Petronas
The Egyptian General Petroleum Corporation EGPC signed a deep-water oil and gas exploration agreement with Royal Dutch Shell and Malaysia’s Petronas worth around USD 1 billion, according to an Oil Ministry statement on Saturday. The agreement would see the two companies drill eight wells in the West Delta Deep Marine WDDM area in the Mediterranean […]
Misr Petroleum, Petronas sign refining agreement to produce 30k tonnes of oil
State-owned Misr Petroleum Company (MPC) signed an MoU with Malaysia’s Petronas on Thursday that will see them operate MPC’s idle Amreya plant capacity to pump out an additional 30,000 tonnes of refined products a year, according to an Oil Ministry statement. The output will be sold locally and exported to other African markets through a […]
West Nile Delta Phase 9B production expected at 350-400 mcf/day
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 […]
El Molla meets with Petronas VP to discuss Burullus gas field phase 9B
Oil Minister Tarek El Molla met with Malaysian company Petronas’ Vice President Adnan Zainal Abidin to discuss the company’s projects in Egypt. Petronas and Royal Dutch Shell will begin work on phase 9B of the Burullus gas field in 4Q2017, after having halted work last year over disagreements on prices with the government. (Source: Enterprise.press)
Shell, Petronas to begin work on Burullus phase 9B gas field in 4Q2017
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 […]
Shell, Petronas begin working on Burullus gas field phase 9B
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 […]
