Egypt signs $452.3 mln oil and gas deals
Egyptian Oil Minister Tarek el-Molla has signed nine offshore oil and gas exploration and production deals worth a…
Browsing Tag
BP
BP Q2 profit surpasses expectations, lifted by higher oil output
A strong increase in oil and gas production helped BP offset weaker crude prices and refining profit to beat…
BP to sell Egyptian Gulf of Suez oil assets to Dubai’s Dragon Oil
BP announced on Monday it had agreed to sell its interests in the Gulf of Suez oil concessions in Egypt to…
Misr Insurance to cover BP’s West Nile Delta project
Egyptian state-owned Misr Insurance says it won an insurance policy to cover the construction works of West Nile…
BP to invest $1.8 bln in Egypt this year: CEO
BP's Chief Executive Bob Dudley on Monday said the company will invest about $1.8 billion in Egypt this year and he…
Output from BP’s West Nile Delta gas fields to hit 700 mcf/d in April
BP’s Egyptian Giza and Fayoum fields, part of its West Nile Delta Development, are expected to hit 700 million…
BP begins production at Egypt’s West Nile Delta fields next Dec. – minister
BP will begin production at two of its gas fields in Egypt as part of its West Nile Delta project next December,…
BP to spend $2.8bn in Abu Dhabi, Egypt for MENA presence
Oil major BP aims to spend $1.8 billion in Egypt next year and $1bn annually in Abu Dhabi as it looks to expand its…
Egypt to repay all debts to foreign oil companies by end-2019 – ministry sources
Egypt plans to repay all of its $1.2 billion debt to foreign oil and gas companies by the end of 2019, oil ministry…
BP: Egypt’s West Nile Delta fields to yield 400 mcf daily by end-2018
BP will begin production at two of its Egyptian gas fields as part of its West Nile Delta project by the end of…
