Agreement

  • EMGF’s Founders Sign Charter, Become Formally Established

    EMGF’s Founders Sign Charter, Become Formally Established

    Tuesday, 22nd September 2020

    The founding countries of the East Mediterranean Gas Forum (EMGF) have signed a charter on September 22 to become an established international organization contributing to developing natural gas fields and maximizing the utilization of natural resources in the Mediterranean region.

  • Oman Signs E&P Agreement for Hydrocarbon Exploration

    Oman Signs E&P Agreement for Hydrocarbon Exploration

    Thursday, 17th September 2020

    Oman’s Ministry of Energy and Minerals has signed an exploration and production agreement with the American EOG Resources Inc. company to allow the second for exploring hydrocarbons in Block 36 located in the southeast of the country.

  • Al-Sisi Licenses MoP to Contract EGPC, Apache

    Al-Sisi Licenses MoP to Contract EGPC, Apache

    Wednesday, 16th September 2020

    According to the official Egyptian newspaper, the President Abdel Fattah Al Sisi has approved the law no 167 for the year of 2019 to allow the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache LDC.

  • Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

    Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

    Monday, 10th August 2020

    The Director of Hamriyah Free Zone, Saud Salim Al Mazrouei, inked an agreement with Orient Source Hong Kong Group, International Commodity Trader and Project Investor to inaugurate the multi-functional offshore and repair facility at the Port of Hamriyah in Sharjah in UAE along with a Trading Platform with Hamriyah Free Zone.

  • Six Arab Countries Reassert Compliance to OPEC+ Deal

    Six Arab Countries Reassert Compliance to OPEC+ Deal

    Sunday, 9th August 2020

    The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

  • Oman Signs New Petroleum Agreement

    Oman Signs New Petroleum Agreement

    Sunday, 5th July 2020

    The Omani Ministry of Oil and Gas has signed a new petroleum agreement with Tethys Oil Company Qetpet Limited to implement the seismic survey and conduct number of geological and geophysical studies in addition to drill number of wells.

  • Petrotrade, Banque Misr Sign Agreement for Electronic Bill Collection

    Petrotrade, Banque Misr Sign Agreement for Electronic Bill Collection

    Wednesday, 6th May 2020

    Petroleum Trading Services (Petrotrade) has signed an agreement with Banque Misr to develop the electronic billing services of the company.

  • Copetrol, E-finance Sign Contract for Issuing  Fuel Smart Cards

    Copetrol, E-finance Sign Contract for Issuing Fuel Smart Cards

    Sunday, 3rd May 2020

    Co-Operation Petroleum Company (Copetrol) signed a three-year contract with E- Finance Company to issue pre-payed smart cards for supplying fuel to the governmental agencies, which goes in line with the digital transformation projects adopted by the state.

  • Damietta Liquefication Plant Agreement Expires

    Damietta Liquefication Plant Agreement Expires

    Sunday, 26th April 2020

    The agreement conducted between Eni, the Egyptian Natural gas Natural Gas Holding Company (EGAS), and the Spanish company Naturgy to settle the disputes related to operating the Damietta liquefaction plant in Egypt has expired.

  • Abu Dhabi Ports, ACT Sign Agreement to Build Bulk Liquid Storage

    Abu Dhabi Ports, ACT Sign Agreement to Build Bulk Liquid Storage

    Tuesday, 24th March 2020

    Abu Dhabi Ports has signed a strategic agreement with Saudi Arabia based Arabian Chemical Terminals (ACT) to build the first greenfield commercial bulk liquid storage terminal in Emirates at its flagship, deep-water Khalifa Port.

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