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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 »

BP Oman awards $10mn construction contract

BP Oman awards $10mn construction contract

Deal was signed with Omani firm Galfar Engineering and Contracting
 

Downstream More »

Polymer prices in GCC to rebound

Polymer prices in GCC to rebound

Polymer prices have been falling in recent weeks.
 
 

Offshore More »

McDermott awarded EPC contract by Qatar Petroleum

McDermott awarded EPC contract by Qatar Petroleum

Work is expected to start in the second quarter of 2016
 
 

Industry Trends More »

New HSE standard to be released in 2016

New HSE standard to be released in 2016

New standard will be called ISO 45001, after the international standard-setting body
 
 

International News More »

Shell's Deirdre Michie appointed Oil & Gas UK boss

Shell's Deirdre Michie appointed Oil & Gas UK boss

Michie spent almost 30 years at Shell in a number of senior management roles
 
 

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