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Tag: Rashid
lng

Egypt eyes Idku LNG restart following Shell deal

Posted: October 9, 2016 at 7:46 pm   /   Oil & Gas

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 […]

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Shell's dues increase to $1.3bn from Burullus, Rashid gas returns

Posted: October 3, 2016 at 9:58 pm   /   Oil & Gas

Shell postponed the implementation of the 9B stage until the ministry commits to repaying outstanding debts, says source. The Ministry of Petroleum’s outstanding dues to the Royal Dutch Shell Company increased to $1.3bn from $1.1bn in July from the returns of the foreign partner’s gas share produced from Rashid and Burullus fields’ concessions, which BG […]

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BP

BP acquires Shell’s Rosetta gas plant for $128 million

Posted: September 27, 2016 at 8:33 pm   /   Oil & Gas

Giza and Fayoum fields in northern Alexandria will produce 420m cubic feet per day in 2019, says source. BP acquired Shell’s Rosetta gas treatment plant in Rashid for $128m and received it in April. The plant will be prepared to be linked to the production of Giza and Fayoum gas fields in northern Alexandria. A […]

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