Maridive & Oil Services wins $20m contract to provide services at Zohr - ENERGY EGYPT

November 16, 2017

Maridive & Oil Services signed a USD 20 million agreement with an unnamed Egyptian company to lease three maritime units to provide maritime and oil services at the Zohr gas field, Al Mal reports.

Maridive & Oil Services (MOIL) announced in a statement sent to EGX, maritime support sector has won a new contract with one of its clients in Egypt worth $20 million.

The deal encompasses leasing 3 maritime units to present maritime petroleum service in Zohr field in North Delta.

The Company said the contract would be signed by the end of the current year for 3 years, adding the total signed contracts of the company are amounting to $370 million from 2017 till 2019.

BP acquires Shell’s Rosetta gas plant for $128 m - ARAB FINANCE / DAILY NEWS EGYPT

Tuesday 09/27/2016 12:29:00 PM

Cairo: BP acquired Shell’s Rosetta gas treatment plant in Rashid for $128m and received it in April. The plant will be prepared to be linked to the production of Giza and Fayoum gas fields in northern Alexandria.

A senior source in the petroleum sector told Daily News Egypt that the maximum capacity of the Rosetta plant amounts to 425m cubic feet of gas per day, adding that 420m cubic feet produced from Giza and Fayoum fields will be linked to the station in 2019.

He added that Royal Dutch Shell has transferred production of the Rosetta field in the Rashid concession area to the Borollos plant, after selling the Rosetta plant to BP.