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Tag: Shell

BG demands Egyptian government to raise gas price to $7 per million BTUs

Posted: March 22, 2016 at 10:51 pm   /   Oil & Gas

After stopping 9B stage, BG asks government to raise the price of gas to $7 or pay $1bn immediately. BG, a subsidiary of Royal Dutch Shell, is negotiating with Egyptian General Petroleum Corporation (EGPC) to price gas at $7 per million BTUs in the 9B concession area in Egyptian Mediterranean waters. EGPC has offered $ […]

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BG Egypt suspends some development wells over price dispute – source

Posted: March 22, 2016 at 10:40 pm   /   Oil & Gas

BG Egypt has suspended work at some Egyptian development projects after it failed to agree with the government on the price of gas, an Egyptian General Petroleum Corp (EGPC) official told Reuters on Tuesday. “BG has stopped work at 9A+ and 9B after failure to reach an agreement on the fixed price to be paid […]

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Apache With Shell Eye Egypt for Unconventional Gas in June

Posted: March 15, 2016 at 7:25 pm   /   Oil & Gas

Partners to drill first well this month at Western Desert site Egypt seeking to boost gas output to meet rising local demand Apache Corp. and Royal Dutch Shell Plc plan to start producing unconventional gas from their joint venture in Egypt’s Western Desert by the end of June even as Apache is cutting investment in […]

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Video: Finding and producing tight or shale oil and gas (Shell)

Posted: March 11, 2016 at 11:00 am   /   Oil & Gas

See the full life cycle of a tight or shale oil or gas well. We walk through planning and building a pad, exploring for oil and gas, developing a location and producing oil or gas. You’ll see how we drill and hydraulically fracture a tight oil or gas well, and what a producing pad typically […]

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Infographic: Shell's LNG Portfolio after BG takeover

Posted: February 15, 2016 at 8:51 pm   /   Oil & Gas

From February 15, BG Group is part of Royal Dutch Shell. This combination brings together two world-class portfolios creating a more competitive company. We have acquired productive oil and gas projects across countries including Brazil and Australia and will be able to shape a simpler, leaner company. Together we will focus on our core expertise […]

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EGAS renegotiates WDDM Phase 9b with BG, Shell and Petronas

Posted: February 15, 2016 at 1:01 pm   /   Oil & Gas

The Egyptian Natural Gas Holding Company (EGAS) is restarting negotiations with BG Group and Petronas over the West Delta Deep Marine (WDDM) Phase 9b project and bringing it on stream. EGAS chief Khaled Abdel Badie said that regular meetings are taking place with foreign partners BG, Shell (which has recently acquired BG) and Petronas and […]

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Shell faces $30bn battle to sell assets after BG takeover

Posted: February 15, 2016 at 11:16 am   /   Oil & Gas

Analysts say Shell will struggle to spin-off assets at the price it once expected to. Shell completes its much-anticipated takeover of BG Group on Monday, facing a fresh battle to dispose of $30bn of assets in the next three years as the oil market downturn drags on. The £35bn mega merger was proposed before the […]

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Video: How a deep water well is drilled (Shell)

Posted: February 13, 2016 at 2:52 pm   /   Oil & Gas

Drilling wells is one of the most important activities in the process of finding hydrocarbon reservoirs and producing oil and gas from these reservoirs to meet our energy needs. This video by Shell explains the basics of how offshore deep water wells are drilled, including explanations and visualization of important components, processes and techniques that […]

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As Big Oil shrinks, boards plot different paths out of crisis

Posted: February 9, 2016 at 6:11 pm   /   Oil & Gas

As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world’s top oil companies […]

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Video: What is LNG? Turning natural gas into liquid (Shell)

Posted: February 5, 2016 at 7:36 pm   /   Oil & Gas

As global demand for natural gas grows, companies are using advanced technology to transport it from source to customers. Gas can be piped over relatively short distances. But cooling the gas to -162°C (-260°F) turns it to liquid for easier, safe shipment to faraway markets overseas. Shell provided the natural gas for the first liquefied […]

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