Nile Delta to get $9 bn development

BP, RWE DEA, and EGPC have signed an agreement for a nine billion dollar gas field development project in two West Nile Delta concessions offshore northern Egypt.

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Victoria on track for Logbaba December delivery

VICTORIA OIL & GAS is on track for December gas delivery from its Logbaba gas project in Cameroon and had signed gas sales pacts for 20 years.

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RWE, BP to Jointly Invest $9 bn in Offshore Egypt Blocks

RWE DEA, THE gas and oil exploration and production unit of German utility RWE, said Monday it will jointly invest US$9bn in the development of two offshore gas fields in Egypt with project operator BP.

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Eni Fires Up Gas Production Offshore Egypt

ENI HAS STARTED gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up period in September, this project will produce 4.5 mn scm/day of gas which will contribute about 8,500 boe/day to Eni's equity share production.

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Gas Pricing: Oil Firms, PHCN to Revise Accord

FOLLOWING PRESIDENT GOODLUCK Jonathan's approval of new prices for gas-to-power, oil companies that supply gas to the Power Holding Company of Nigeria (PHCN) are planning to meet with the power utility company to revise previous agreements on gas supply.

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