Britain offers new oil and gas licenses amid exploration drought
Britain has cut rental fees by up to 90 percent in its latest tender for oil and gas licenses in the North Sea…
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Egypt inks oil and gas exploration deals with US IPR, Cyprus Mediterra
Egyptian Minister of Petroleum Tarek el-Molla signed two agreements for oil and gas exploration in Upper Egypt with…
Egypt’s Petroleum minister owed BG, Shell $1.1bn for their share in gas fields
The dues owed to British Gas (BG) and Dutch company Shell by the Ministry of Petroleum have increased to $1.1bn,…
Saipem tapped for work in giant gas field offshore Egypt
One of the most significant parts of a package of deals worth more than $1.5 billion is for a contract tied to a…
Siemens names Emad Ghaly as chief executive in Egypt
Siemens Egypt has named Emad Ghaly as the new chief executive starting from July 1st, the company announced in a…
EGAS drills fourth well in Egypt’s giant Zohr gas field
Egyptian Natural Gas Holding Company- EGAS finished drilling fourth well in Zohr gas field in Mediterranean Sea,…
BP OKs investment in Egypt gas field 15 months after discovery
British oil major BP has approved investment in the first phase of developing the large Atoll gas field offshore…
Egyptian EGAS not to pay $270mn-fine for gas cuts at LNG plant
The French International Court of Arbitration ruled Tuesday that Egyptian Natural Gas Holding Company (EGAS) not to…
BP announces latest gas discovery in Egypt’s East Nile Delta
BP announced Thursday another important gas discovery in the Baltim South Development Lease in Egypt’s East Nile…
Shell to exit up to 10 countries after BG deal
Royal Dutch Shell (RDSa.L) will exit oil and gas operations in up to 10 countries in a drive to deepen cost cuts…