Energean signs MOU with Shell Egypt to investigate CCS – Decarbonisation Potential
Energean has announced that Energean Egypt has entered into a memorandum of understanding (MOU) with Shell Egypt to explore a mutually beneficial decarbonisation solution. Energean and Shell’s MOU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt contributing to the global efforts against climate change. Energean will build on its experience in designing a carbon […]
Stena Drilling signs contract with Shell to drill 3 wells offshore Egypt
NEW CONTRACT IN EGYPT FOR STENA FORTH: STENA DRILLING IS PLEASED TO ANNOUNCE THAT WE HAVE SIGNED A NEW CONTRACT WITH BG DELTA LIMITED & BG INTERNATIONAL LIMITED SUBSIDIARIES OF SHELL PLC (SHELL) FOR THE MOBILE OFFSHORE DRILLING UNIT (MODU) STENA FORTH. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of existing […]
Shell subsidiary BG Egypt acquires 100% stake in ExxonMobil’s North East El Amriya offshore block
SHELL STRENGTHENS ITS OFFSHORE POSITION IN EGYPT’S NILE DELTA – ACQUIRES OFFSHORE BLOCK 3 BG International Limited., a subsidiary of Shell plc., signed a Farm Out Agreement (FOA) with ExxonMobil Egypt (Upstream) Limited to acquire a 100% stake in the ExxonMobil-operated North East El-Amriya Offshore Area, Mediterranean Sea – also known as Block 3. On […]
Shell Egypt farms out 17% of two Red Sea offshore blocks to QatarEnergy
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 […]
Shell Egypt completes sale of Western Desert assets to Cheiron Petroleum, Cairn Energy
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 […]
Cairn expects to finalize Shell Egypt onshore assets acquisition by end of month
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 […]
Shell Egypt announces winning team in local version of “Imagine the Future” Global Competition
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 […]
PGS, ION complete 3D survey for Shell in Egypt’s Mediterranean
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 […]
Shell helps feeding families in northern Egypt during COVID-19
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 […]
Shell inks two offshore West Mediterranean agreements with Egypt
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 […]
