EGYPT

UK firm BG’s output collapse in Egypt is set to continue, at least until its $70bn takeover by the Anglo-Dutch major Shell is given the green light, most likely at the start of the new year.

BG’s overall production rose by 26% year-on-year in the third quarter of this year to 716 barrels of oil equivalent (boe) per day. This came despite a fall to 43,000 boe/d in Egyptian output. Although the firm does not give a quarterly gas/oil breakdown, for 2014 its Egyptian output...