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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 »

Total signs onshore concession deal with ADNOC

Total signs onshore concession deal with ADNOC

Total has been granted a 10% participating interest for 15 onshore fields
 

Downstream More »

Shell to build $11bn petrochem plant in Iraq

Shell to build $11bn petrochem plant in Iraq

Oil giant signs contract to build plant in Basra
 
 

Offshore More »

Saudi production for 2015 to reach 9.6mn bpd

Saudi production for 2015 to reach 9.6mn bpd

Jadwa Investment predicts output will then decline 9.4mn bpd in 2016
 
 

Industry Trends More »

Stirling Group launches new oil & gas HSE course

Stirling Group launches new oil & gas HSE course

Course is specifically tailored for Middle East oil & gas industry
 
 

International News More »

Kuwait cuts diesel prices after criticism

Kuwait cuts diesel prices after criticism

Prices of diesel and kerosene went back down after a $59- cent increase in January
 
 

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