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Tag: Shell

Egypt: The Next Natural Gas Hotspot

Posted: March 26, 2018 at 2:54 pm   /   Oil & Gas

By Nick Cunningham of Oilprice.com. The Eastern Mediterranean is becoming a major source of natural gas production, and Egypt is at the center of this emerging gas hub. In February, Noble Energy and its partners reached an agreement with the Egyptian company Dolphinus Holdings to sell gas from offshore Israel to Egypt, a deal that […]

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West Nile Delta Phase 9B production expected at 350-400 mcf/day

Posted: March 21, 2018 at 8:46 pm   /   Oil & Gas

New production at Shell’s (formerly BG’s) West Nile Delta field 9B is expected to reach 350-400 mcf per day by 2019, an Egyptian petroleum ministry official told Reuters on Monday. Separately, production from the first 3 wells in the field is set to begin in the 2018-2019 fiscal year, the ministry said in a statement […]

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Shell nearing $25 billion deal that would see Egypt become an East Med gas export hub?

Posted: March 12, 2018 at 10:47 am   /   Oil & Gas

Is Shell nearing a USD 25 bn agreement that could see Egypt become an East Med gas export hub? Shell is reportedly in talks to buy gas from the Israel’s Leviathan and Cyprus’ Aphrodite gas fields in a USD 25 bn, 10-year agreement, Israel’s Globes reports citing a report from Bloomberg. Shell is looking to […]

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Egypt, Shell sign agreement for the development of JV Bapetco

Posted: February 16, 2018 at 3:22 pm   /   Oil & Gas

The Egyptian General Petroleum Corporation (EGPC) has signed an agreement with Shell Egypt to develop Badr El Din Petroleum Company (Bapetco). The deal has been inked by both head of EGPC and chairman of Shell Egypt Gasser Hantar, according to the petroleum ministry’s statement. This initiative came as part of the petroleum sector’s strategy to maximise the […]

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Shell in talks with Ministry to increase its share of Phase 9B gas production

Posted: December 19, 2017 at 9:38 am   /   Oil & Gas

Shell has apparently entered talks with the Oil Ministry to increase its share of gas produced to offset their investment costs from Phase 9B of the West Delta Deep Marine Concession, government sources tell Al Borsa. The company is looking to recoup the investment costs of developing the concession sooner, they added. The company plans […]

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Fugro survey vessel joins fleet to begin Zohr field work

Posted: November 14, 2017 at 3:29 pm   /   Oil & Gas

Fugro’s newly named MV Kobi Ruegg has joined the company’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea. Working on behalf of Saipem, Fugro will deploy its large diameter piston core system to collect soil samples in the Zohr gas field; geophysical surveys for Pico […]

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Drilling at Shell’s Phase 9B a “matter of time” – EGAS

Posted: November 2, 2017 at 8:06 pm   /   Oil & Gas

Starting drilling in Shell’s Phase 9B wells is a matter of time, a source at EGAS told Al Mal. The source says preparations for drilling are underway, but that they have not begun yet. The project, which involves the drilling of eight new wells to add capacity of 387 mmcf/d. BG Egypt, before being acquired […]

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Cyprus working extensively to export its natural gas to Egypt

Posted: November 2, 2017 at 8:01 pm   /   Oil & Gas

Cyprus Hydrocarbon Company (CHC) is working “intensively” towards making gas exports to Egypt possible, General Manager Panos Kelamis told Cyprus Mail. “We want to clinch an agreement, because this would be an agreement for 15-20 years that will offer Cyprus the maximum … We definitely want to go to Egypt, but we have certainly looked […]

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Shell plans on drilling 63 wells in Egypt's Western Desert in 2018

Posted: October 13, 2017 at 4:12 pm   /   Oil & Gas

Royal Dutch Shell planned to drill 63 wells in Egypt in 2018 at different geological structures in the Western Desert, Shell’s Upstream International Director Andrew Brown announced Thursday. “This targets increasing oil and gas production volume in the Western Desert,” Brown added. In a Thursday meeting with Prime Minister Sherif Ismail and Minister of Petroleum […]

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Vallourec signs gas wells tubular solutions contract with BAPETCO, a Shell JV in Egypt

Posted: September 24, 2017 at 7:31 pm   /   Oil & Gas

Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation (EGPC). Vallourec has signed a contract with Badr El Din Petroleum Company (BAPETCO), a joint venture between Shell and the Egyptian General Petroleum Corporation. This agreement concerns the supply of tubular solutions […]

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