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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 »

Aramco awards E&C contract to Saipem

Aramco awards E&C contract to Saipem

Construction of new facilities will allow additional 500,000 bpd
 

Downstream More »

Total adds new technology to Qatar Research Centre

Total adds new technology to Qatar Research Centre

The system will be used in exploration and production projects
 
 

Offshore More »

Drilling market to grow by more than 10% by 2019

Drilling market to grow by more than 10% by 2019

Asia Pacific is the area that is predicted to experience most growth
 
 

Industry Trends More »

ZADCO takes New Oil Project of the Year award

ZADCO takes New Oil Project of the Year award

Upper Zakum named as winner in this category
 
 

International News More »

BP awards $9.5bn contracts for Shah Deniz

BP awards $9.5bn contracts for Shah Deniz

Total expenditure for Shah Deniz 2 is expected to reach about $4.5bn in 2014
 
 

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