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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting
 

EDITORIAL CHOICE

Fluor wins EPC contract from Dow for RO facility

Fluor wins EPC contract from Dow for RO facility
Dow Chemical Company awards Fluor with contract in Jubail, KSA
 

DNV GL proposes wind powered water injection EOR

DNV GL proposes wind powered water injection EOR
wind-power water injection could reduce CAPEX and OPEX for EOR
 

Afren misses ambitious production targets

Afren misses ambitious production targets
Afren Plc reported first-quarter net production of 35,465 bpd
 

Record breaking Shah field to open

Record breaking Shah field to open
The UAE's ultra-sour gas field posed a number of logistical challenges
 

 

Onshore More »

BAM Int. awarded construction deal by ADCO

BAM Int. awarded construction deal by ADCO

Company will carry out marine infrastructure works
 

Downstream More »

Equate: Feedstocks key challenge for GCC petrochem

Equate: Feedstocks key challenge for GCC petrochem

Region to dramatically increase production levels
 
 

Offshore More »

Total signs up to zero flaring initiative

Total signs up to zero flaring initiative

Company has been voluntarily reducing flaring since 2005
 
 

Industry Trends More »

ME region urged to invest in crude production

ME region urged to invest in crude production

Countries in the region will have to build on its crude production capacity to balance revenue deficit
 
 

International News More »

KUFPEC gets $1bn loan

KUFPEC gets $1bn loan

The money will be used to finance KUFPEC's international expansion plans
 
 

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