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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


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O&G  safety key topic at Health Conference

O&G safety key topic at Health Conference

The first ever BOHS conference kicked off in Abu Dhabi yesterday
 
Oil surplus to keep Brent stable

Oil surplus to keep Brent stable

The global benchmark for oil prices will stabilise at $85 this week    1 Comments
 
Abdulla Fouad Group buys Saudi oil & gas interests

Abdulla Fouad Group buys Saudi oil & gas interests

Deal includes a number of joint ventures, agencies and facilities
 
Dubai Petroleum discovers gas in offshore field

Dubai Petroleum discovers gas in offshore field

The discovery was made at T-02 well in Dubai's offshore Fateh field
 

 

Oil prices won’t impact GDP in UAE

Oil prices won’t impact GDP in UAE

Crude price has fallen more than $25 from July
 
Number of oil & gas mergers falls slightly

Number of oil & gas mergers falls slightly

Deals down, but value markedly higher compared with 2013
 
Oil and gas deals reach $141bn

Oil and gas deals reach $141bn

Mergers and acquisitions see $40bn year-on rise
 
Middle East unrest keeps oil and gas prices high

Middle East unrest keeps oil and gas prices high

Unrest in Libya responisible for cut in production
 
Middle East unrest keeps oil and gas prices high

Middle East unrest keeps oil and gas prices high

Unrest in Libya responisible for cut in production
 
CB&I nets $90mn contract with UAE ADMA-OPCO

CB&I nets $90mn contract with UAE ADMA-OPCO

CB&I to provide five crude oil storage tanks
 
Projects in Middle East over budget and delayed

Projects in Middle East over budget and delayed

The region have the highest percentage of overruning project costs
 
Baker Hughes reveals international rig numbers

Baker Hughes reveals international rig numbers

Number of rigs down month-on-month but up annually
 
Lukoil appoints new head of Overseas Holding

Lukoil appoints new head of Overseas Holding

Former president Kuzyaev was moved to company's headquarters
 
OPEC oil output highest since 2012

OPEC oil output highest since 2012

OPEC's oil supply jumped to its highest in almost two years
 
Schlumberger to pull expat managers from Russia

Schlumberger to pull expat managers from Russia

About 20 mid-level and senior managers are said to be pulled
 




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