Newsletter subscribe
Tag: Shell

Shell announces new gas discovery in Egypt's Western Desert with 500bcf estimated reserves

Posted: September 1, 2016 at 9:46 pm   /   Oil & Gas

Royal Dutch Shell has discovered a new gas field (PTI – 2) in the Alam El-Shawish concession area in the western desert. The new natural gas field has reserves of about 500bn cubic feet of natural gas. Aidan Murphy, Shell Egypt country chairperson, said that his company has gained rights to explore this area for […]

No Comments read more

El-Molla: Idku and Damietta liquefaction plants to operate at full capacity by 2020/2021

Posted: August 7, 2016 at 11:26 pm   /   Oil & Gas

Petroleum Ministry agreed with Shell to adjust the 9B gas prices and export 125m cubic feet daily. The Ministry of Petroleum and Mineral Resources aims to rerun Idku and Damietta factories for liquefaction in their full capacity in order to export gas shipments to global markets by 2020/2021. Petroleum Minister Tarek El-Molla told Daily News […]

No Comments read more

EGAS awards contracts for 11 LNG shipments between June and August

Posted: July 25, 2016 at 12:39 pm   /   Oil & Gas

Trafigura, Royal Dutch Shell, Rosneft, and PetroChina were awarded tenders to supply EGAS with a total of 11 LNG shipments between the months of June and August, sources told Al Borsa. Trafigura is supplying five shipments, followed by Shell with three, Rosneft with two, and PetroChina with one. As previously reported, EGAS has issued a […]

No Comments read more
Van Beurden

Bloomberg: The Future of Big Oil? At Shell, It’s Not Oil

Posted: July 22, 2016 at 2:31 pm   /   Oil & Gas

The energy giant is shifting to gas as the industry adapts to climate change. At Australia’s Curtis Island, you can see Big Oil morphing into Big Gas. Just off the continent’s rugged northeastern coast lies a 667-acre liquefied natural gas (LNG) terminal owned by Royal Dutch Shell, an engineering feat of staggering complexity. Gas from […]

No Comments read more
lng

Interfax: All quiet on Egypt’s LNG export front until after 2020

Posted: July 17, 2016 at 8:17 pm   /   Oil & Gas

Industry sources from inside and outside Egypt are confident the country can resume exporting LNG by the end of the decade. However, they have warned that the number of cargoes shipped from Idku will not rise out of single digits per year before then. A source from Egypt’s Ministry of Energy, who wished to remain […]

No Comments read more
marco-alvera

CEO of Snam says Egypt may return to gas exports after Zohr discovery

Posted: July 1, 2016 at 3:18 pm   /   Oil & Gas

• Egypt’s Zohr ‘super-giant’ field discovery seen as a ‘game changer’. • Discovery to make Egypt self-sufficent in meeting its gas demand. Egypt may resume natural gas exports thanks to major discoveries off its shores, according to Snam SpA, Europe’s biggest gas infrastructure company. The findings are “very significant for North Africa” and especially Egypt, […]

No Comments read more

Shell plans drilling of 33 wells in BAPETCO concessions in 2016/2017

Posted: June 26, 2016 at 8:18 pm   /   Oil & Gas

Dutch company Shell targets drilling 33 wells in its concession areas that are operated by Badr El Din Petroleum Company (BAPETCO) during the next fiscal year (FY). The plan includes 19 wells to develop gas production, 10 wells to inject water into, and 4 wells to explore for gas. A senior source in the petroleum […]

No Comments read more

Video: Royal Dutch Shell plc provides an update on the company and strategy

Posted: June 8, 2016 at 6:51 pm   /   Oil & Gas

Ben van Beurden, Chief Executive Officer of Royal Dutch Shell plc, provided an update on the company and strategy on June 7, 2016 during the Shell capital markets day in London, United Kingdom. More information on http://www.shell.com/investor (Source: Shell)

No Comments read more

Shell, Apache & Petroleum Ministry agree on Apollonia field shale gas price

Posted: June 2, 2016 at 2:54 pm   /   Oil & Gas

• The new agreement decided on $4.6 per 1m thermal units instead of $2.9. • Apache completed drilling two horizontal wells in the limestone layers of the Western Desert. Dutch company Shell and the American Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia […]

No Comments read more

Shell and BG to receive $400 million of dues by end of June

Posted: May 18, 2016 at 12:51 pm   /   Oil & Gas

The $3.2 billion debt is promised to be fully repaid by the end of 2016. Shell and British Gas (BG) have reached an agreement with the Petroleum Ministry to obtain $400m of their financial dues by the end of June, in exchange for renting a driller and resuming work in the 9B phase of the […]

No Comments read more