Newsletter subscribe
Tag: Shell
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 […]

No Comments read more
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 […]

No Comments read more
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 […]

No Comments read more
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, […]

No Comments read more
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 […]

No Comments read more
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)

No Comments read more
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 […]

No Comments read more
MEES West Med

MEES: Egypt bags all five Supermajors with key West Mediterranean awards

Posted: July 11, 2020 at 11:32 pm   /   Oil & Gas

Full House: Latest Awards Mean All Five Supermajors Have Signed Up For Egypt’s Virgin West Med Acreage Global exploration pullback? Not in Egypt with Chevron, Shell, Total and BP joining Exxon in bagging key frontier West Mediterranean acreage. Cairo moved closer this week to officially announcing the award of at least six offshore blocks located […]

No Comments read more
egypt-parliament

Egypt’s House of Representatives approves 12 Oil & Gas E&P Agreements

Posted: July 7, 2020 at 8:11 pm   /   Oil & Gas

The Egyptian oil minister, Tarek el Molla, has announced the signing of 12 agreements with international companies for the search for oil and gas in the Red Sea, in the Western Desert and in the exclusive economic zone (EEZ) in the eastern and western Mediterranean with investments up to to a billion dollars and signing […]

No Comments read more
Cabinet

Egypt’s Cabinet ratifies 12 oil & gas agreements worth over $1 billion

Posted: June 22, 2020 at 1:03 pm   /   Oil & Gas

Cabinet has ratified twelve oil and gas agreements the Oil Ministry signed with international companies in February, the ministry said in a statement. Companies including Royal Dutch Shell, Chevron, BP, Total, Noble Energy will invest upwards of USD 1 bn in concession areas in the Mediterranean, the Red Sea, and the Western Desert. The House […]

No Comments read more