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Tag: Shell
QatarEnergy-Shell-Egypt

Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy

Posted: December 13, 2021 at 8:31 pm   /   Oil & Gas

QatarEnergy teams up with Shell on two blocks offshore Egypt: Deal marks entry of Qatari giant into Egypt’s lucrative exploration sector. QatarEnergy has signed a deal with Anglo-Dutch supermajor Shell to come on board two exploration blocks offshore Egypt in the Red Sea. Under the terms of the agreements, which are subject to customary approvals […]

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Shell

Shell Egypt completes sale of Western Desert assets to Cheiron Petroleum, Cairn Energy

Posted: September 24, 2021 at 2:15 pm   /   Oil & Gas

Shell Egypt and Shell Austria, subsidiaries of Royal Dutch Shell, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corp and Cairn Energy for a base consideration of US$ 646 million and additional payments of up to US$ 280 million between 2021 and 2024, contingent on the oil price and the […]

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Cairn Energy

Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month

Posted: September 8, 2021 at 1:45 pm   /   Oil & Gas

Cairn, Cheiron could replace Shell in the Western Desert before the month is out: Cairn Energy and partner Cheiron expect to finalize its takeover of Shell Egypt’s onshore oil and gas assets by the end of September, Cairn said yesterday. The joint acquisition, which will see the assets split 50-50 between the UK-listed company and leading Egyptian […]

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Shell

Shell Egypt announces winning team in local version of “Imagine the Future” Global Competition

Posted: August 11, 2021 at 3:04 pm   /   Oil & Gas

With more than 800 students from 61 different teams throughout the competition. Shell Egypt announces the winning team in the local version of “Imagine the Future” Global competition. AUC-07 team claims the first position in the local finals and qualifies for the global competition. Shell Egypt celebrated the announcement of the winning team in the […]

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PGS

PGS, ION complete 3D survey for Shell in Egypt’s Mediterranean

Posted: June 2, 2021 at 2:34 pm   /   Oil & Gas

PGS and ION successfully complete Shell Egypt survey with ELO survey design and Gemini source technology PGS and ION Geophysical have announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with an innovative Extended Long Offset (ELO) design in combination with ION’s Gemini™ source technology. This is the last in […]

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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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