Newsletter subscribe
Tag: Shell

Shell shareholders vote in favour of recommended combination between Shell and BG

Posted: January 27, 2016 at 5:38 pm   /   Oil & Gas

Royal Dutch Shell plc announces the poll result from today’s General Meeting held at the Circustheater, Circusstraat 4, 2586 CW, The Hague, The Netherlands. Shell shareholders expressed their support for the recommended combination with BG Group plc by carrying the resolution to approve and implement the transaction. Full details of the resolution passed, together with […]

No Comments read more

Bapetco's budget ratified as Shell increased investment to $438 million this year

Posted: January 26, 2016 at 7:10 pm   /   Oil & Gas

Drilling of 14 exploratory and developmental wells with 100% of drilling plan achieved during first half of current fiscal year. Badr El Din Petroleum Company (Bapetco) General Assembly Meeting, chaired by Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources, ratified the company’s amendment to the fiscal year 2015/2016 budget, and also ratified the budget […]

No Comments read more

Shell's shareholder Standard Life to vote against BG deal

Posted: January 11, 2016 at 4:55 pm   /   Oil & Gas

Royal Dutch Shell’s bid to acquire BG Group was dealt a blow on Friday when a first major shareholder said it would vote against the $49 billion deal due to a weak outlook for oil prices and risks related to BG’s assets in Brazil. Standard Life Investment’s announcement came on the same day influential shareholder […]

No Comments read more

Leviathan partners and BG close to $30 billion Egypt gas deal

Posted: January 6, 2016 at 7:06 pm   /   Oil & Gas

The plan is to sign the contract before Shell completes its acquisition of BG next month. The Leviathan partners and British Gas (BG) are negotiating the final details of a contract for exporting Israeli natural gas to Egypt, and will sign it in the coming weeks, senior sources in the gas companies said today. According […]

No Comments read more

Interview with Aidan Murphy, Chairman & MD of Shell Egypt

Posted: September 4, 2015 at 7:28 pm   /   Oil & Gas

Tell us about your background and the transition you made to your role in Egypt? I have worked for Shell since 1991 where I held a wide range of commercial leadership roles in both the Group’s upstream and downstream businesses including Vice President Portfolio & Growth, Unconventional Oil and Gas over the past two years. […]

No Comments read more

BG Group announces Q1 results, provides an update on operations and Royal Dutch Shell offer

Posted: May 10, 2015 at 10:47 pm   /   Oil & Gas

BG Group announced its Q1 2015 results and provided an update on operations, including the recommended cash and share offer for BG Group by Royal Dutch Shell. The business and operational highlights concerning Egypt stated the following: In March, BG Group announced the signing of a tie-in agreement with BP Egypt and RWE DEA to […]

No Comments read more

Shell set to acquire BG Group in $70 billion deal

Posted: April 8, 2015 at 7:09 pm   /   Oil & Gas

Royal Dutch Shell announced that it has agreed a deal to acquire BG Group for approximately $70 billion in a deal that would expand the Anglo-Dutch firm’s presence to the majority of the world’s oil provinces and reaffirm its dominance of the global trade in natural gas. The two companies confirmed details of a cash […]

No Comments read more