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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 »

Five Qatari SMEs added to Pearl GTL supply chain

Five Qatari SMEs added to Pearl GTL supply chain

Qatar Shell and Qatar Development Bank welcome companies
 

Downstream More »

Global petrochem market to grow by 6.8% per year

Global petrochem market to grow by 6.8% per year

Polypropylene production expected to fuel growth to 2020
 
 

Offshore More »

Vallianz wins $97mn OSV contract

Vallianz wins $97mn OSV contract

Deal has been secured with unnamed NOC in Middle East
 
 

Industry Trends More »

Automation here to stay: ABB VP

Automation here to stay: ABB VP

Perk Erik Holsten talks technology trends and expectations for 2015
 
 

International News More »

Kuwait says oil price will pick up in Q2, 2015

Kuwait says oil price will pick up in Q2, 2015

1.8mn barrels a day surplus primary reason for the fall in oil price
 
 

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