Thursday, 8 March 2018
State oil giant Saudi Aramco signed a preliminary deal to pursue international gas opportunities with Royal Dutch Shell on Thursday as part of top crude exporter Saudi Arabia’s diversification drive before the listing of Aramco. The memorandum of understanding (MoU) signed in London between the two companies was during the official visit of Saudi Crown Prince Mohammed bin Salman to Britain, and would include gas upstream and liquefaction projects. “It is a discussion that began ...
Thursday, 21 December 2017
Iraq’s oil ministry said on Thursday it had started to take over operations of Majnoon oilfield from Royal Dutch Shell and planned to lift output in future. The ministry said it had formed a management team to handle production after Shell exits the field by the end of June. “The priority of the new management team is to cut the cost of producing a barrel (of crude) from Majnoon by 30 percent,” Oil Minister Jabar al-Luaibi said in a statement. Iraq plans to increase output ...
Wednesday, 8 November 2017
Oil major Royal Dutch Shell agreed to exit the Majnoon oilfield and hand over its operation to the state-run Basra Oil Co. by the end of June 2018, two oil officials close to the deal said on Wednesday. A letter signed by Iraqi oil minister Jabar Luaibi, dated Aug. 23 and seen by Reuters, gave approval for the Anglo-Dutch company to quit Majnoon, a major oilfield near Basra which started production in 2014.
Wednesday, 1 February 2017
Sold a stake in Thailand’s Bongkot gas field to Kuwait Foreign Petroleum Exploration Company for $900 million
Thursday, 8 December 2016
Hanter, who is Egyptian, was named as upstream vice-president and managing director
Wednesday, 8 April 2015
Royal Dutch Shell on Wednesday announced a mega takeover of British rival BG Group
Sunday, 11 May 2014
State oil group says it will sign six-year liquefied natural gas deal with Royal Dutch Shell
Thursday, 30 January 2014
Oil giant Royal Dutch Shell on Thursday posted a 39 percent slump in annual net profits
Wednesday, 29 January 2014
Shell says it is selling 23% stake in oil project to Qatar Petroleum International
Thursday, 5 December 2013
Roster of oil giants that could return to the Islamic Republic includes Royal Dutch Shell, BP and Exxon Mobil