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Tag: Shell
Shell WFP

Shell helps feeding families in northern Egypt during COVID-19

Posted: April 3, 2021 at 11:38 am   /   Oil & Gas

A programme supported by Shell since 2018 is helping to deliver food supplies to vulnerable communities in the north of Egypt, providing crucial support during the COVID-19 pandemic. On most mornings Mahmoud sets off from his house in El Negaila on the edge of Egypt’s vast Western Desert and catches a lift to one of […]

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Shell

Shell inks two offshore West Mediterranean agreements with Egypt

Posted: March 23, 2021 at 11:36 am   /   Oil & Gas

Shell inks two offshore agreements with Egypt as it shifts focus to marine production: Shell has signed two new oil and gas exploration agreements with the Oil Ministry in the Herodotus Basin deepwater sector off Egypt’s western Mediterranean coastline, the Dutch company’s Egypt office said in a press release. Shell acquired 67% of the 6.8k […]

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Shell WD Assets

Shell agrees to sell Egypt onshore assets to Cheiron, Cairn for $926m

Posted: March 9, 2021 at 11:51 am   /   Oil & Gas

Shell Egypt RDSa.L has entered into an agreement to sell upstream assets in Egypt’s Western Desert to Cheiron Petroleum Corporation and Cairn Energy Plc for up to $926 million, the company said on Tuesday. The deal includes Shell Egypt’s stake in 13 onshore concessions and its share in the Badr El-Din Petroleum Company (BAPETCO). It […]

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Damietta LNG

Damietta LNG plant to restart with first cargo in February – S&P Global Platts

Posted: January 27, 2021 at 12:27 pm   /   Oil & Gas

Egyptian LNG exports remain strong as Damietta LNG prepares to restart Seven cargoes shipped from Idku so far in January 17 LNG cargoes shipped in Q4 as prices rose Damietta LNG seen loading first cargo on Feb 14 Egyptian LNG exports from the Shell-operated Idku plant — for now the country’s only operational LNG facility […]

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Mubadala

Mubadala joining Shell in Egypt’s Red Sea Block 4 exploration

Posted: January 23, 2021 at 8:19 pm   /   Oil & Gas

Egypt’s Minister of Petroleum and Mineral Resources has signed a concession agreement with Mubadala Petroleum for oil and gas exploration activities in Red Sea block 4. The 3,084-sq km (1,191-sq mi) concession, owned by the South Valley Egyptian Petroleum Holding Company (Ganope), was awarded under Egypt’s 2019 Red Sea Licensing Round. Block 4 is in […]

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Red Sea

Shell Egypt signs exploration agreement for offshore Red Sea Block 4

Posted: January 21, 2021 at 2:44 pm   /   Oil & Gas

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, signed a new agreement with Shell Egypt to exploration for oil and gas in concession area (4), in the deep waters of the Red Sea, affiliated to Ganoub El Wadi Petroleum Holding Company (Ganope) with an estimated area of 3084 square kilometers. The share of […]

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Shell Khaled Kassem

Shell Egypt signs two PSC agreements for Red Sea, West Mediterranean Blocks

Posted: January 4, 2021 at 1:18 pm   /   Oil & Gas

Dutch Shell has signed two production-sharing contracts (PSC) with the Ministry of Petroleum and Mineral Resources in the marine concession areas and deep water in the Red Sea region (Block 3) with an area of 3097 square kilometers, and in the Western Mediterranean region a 30% share of the exploration sector north of Ras Kanayis, […]

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Idku LNG

Shell, Total to export 30 LNG shipments from Egypt’s Idku in 2021

Posted: October 7, 2020 at 7:22 pm   /   Oil & Gas

Shell and Total will export 30 shipments of natural gas from the Idku liquefaction plant in 2021, Youm7 reports, citing Oil Ministry sources. Each shipment will average 150k cbm, potentially bringing the total exported by the two companies to 4.5 mn cbm. Egypt’s natural gas exports more than doubled to 4.5 bn cbm in 2019 […]

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bapetco

Bapetco made eight new discoveries in Egypt in FY 2019-2020

Posted: August 26, 2020 at 12:22 am   /   Oil & Gas

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)

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shell

Carlyle, Cairn-backed group, Dragon Oil in running to acquire Shell Egypt onshore assets

Posted: July 16, 2020 at 2:47 pm   /   Oil & Gas

Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuters reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew […]

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