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Tag: Shell

Production from Shell's Burullus gas fields rises to 526 mmcf/d in past year

Posted: September 5, 2017 at 2:01 pm   /   Oil & Gas

Production from Shell’s Burullus concession increased to 526 mmcf/d and over 6,000 bbl of condensates last year, Chairman of Shell JVs Rashpetco and Burullus Hisham Al Attar said, according to a statement from the Oil Ministry. Al Attar says that design and manufacturing works have been contracted on the West Delta Deep Marine Phase 9b […]

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Egypt signs 3 Western Desert oil & gas exploration agreements with Shell, Apex worth $81 million

Posted: August 30, 2017 at 11:28 am   /   Oil & Gas

Royal Dutch Shell, Apex International Energy sign USD 81 mn in exploration agreements: The Oil Ministry signed three oil and gas exploration agreements for 16 new fields in the Western Desert worth at least USD 81.4 mn with Royal Dutch Shell and Apex International Energy, according to Reuters. The ministry said Shell will invest USD […]

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Egypt's Idku front-running option for East Med Gas

Posted: August 26, 2017 at 2:13 pm   /   Oil & Gas

Source: BMI Research BMI View: In line with our long-held view, the proposition to pipe natural gas from the Leviathan and Aphrodite fields to the Idku LNG plant in Egypt represents the most compelling export scenario for the fields. The Egyptian option is both less politically sensitive and less capital intensive than the alternative scenarios. Royal […]

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El Molla meets with Petronas VP to discuss Burullus gas field phase 9B

Posted: August 24, 2017 at 12:53 pm   /   Oil & Gas

Oil Minister Tarek El Molla met with Malaysian company Petronas’ Vice President Adnan Zainal Abidin to discuss the company’s projects in Egypt. Petronas and Royal Dutch Shell will begin work on phase 9B of the Burullus gas field in 4Q2017, after having halted work last year over disagreements on prices with the government. (Source: Enterprise.press)

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Shell considers buying Israeli, Cyprus gas for Egypt Idku LNG plant

Posted: August 21, 2017 at 12:36 pm   /   Oil & Gas

• Gas from Leviathan, Aphrodite may be sent to Idku LNG facility. • Some fuel from Aphrodite field could also be sold in Cyprus. Royal Dutch Shell Plc is seeking creative solutions to bring gas from Israel and Cyprus to market, a step that could help turn the Mediterranean region into a major gas-producing hub. […]

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EGAS exports 200 mmcf/d of gas through Shell’s Idku plant

Posted: August 15, 2017 at 10:44 pm   /   Oil & Gas

EGAS exports a daily 200 mmcf of gas through Royal Dutch Shell’s Idku liquefaction plant, sources told Al Borsa on Monday. The plant should be increasing its export capacity in the winter to pump around 300 mmcf/d. (Source: Enterprise.press)

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Shell, Petronas to begin work on Burullus phase 9B gas field in 4Q2017

Posted: July 19, 2017 at 1:17 pm   /   Oil & Gas

Royal Dutch Shell and Malaysia’s Petronas will begin work on phase 9B of the Burullus gas field in 4Q2017, after having suspended work last year over pricing disagreements with the government, Oil Minister Tarek El Molla said, according to Al Shorouk. The two sides eventually reached an agreement, but work on the field later stalled […]

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Egypt to launch new oil exploration tender by end of 2017 – El-Molla

Posted: July 17, 2017 at 3:07 pm   /   Oil & Gas

Egypt is planning a new tender for crude discovery and exploration before the end of 2017, Petroleum Minister Tarek El-Molla said Saturday. Egypt will sign soon contracts with Apache Corporation, Apex International Energy, and Shell for five oil exploration blocks in the Western Desert, the minister added. Egypt, which used to be a net energy […]

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Shell Idku LNG

AllSource Analysis: Shell’s Idku LNG Ramps Up Exports

Posted: July 15, 2017 at 4:22 pm   /   Oil & Gas

Location: Idku, Egypt Coordinates: 31.350964, 30.322333 Date of Report: June 20, 2017 Date of Imagery: March 28, 2017 – June 9, 2017 Overview The liquefaction terminals at Idku represent the only currently operating facilities in Egypt for the export of LNG. Since fall 2016, Egypt’s Petroleum Ministry and Shell, the operator of the facility, have […]

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Shell repays $2 billion Idku loan ahead of schedule

Posted: July 13, 2017 at 1:28 pm   /   Oil & Gas

Royal Dutch Shell repaid the final installment in the second tranche of a USD 2 billion loan issued to BG to build the Idku liquefaction plant ahead of schedule, a statement from the Petroleum Ministry picked up by Al Mal says. The company had said in January that it would complete the payments by December […]

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