According to Egypt’s official Gazette, President Abdel Fattah Al-Sisi ratified law no. 167 of 2019, allowing the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache West Kanayes Corporation LDC to amend the commitment agreement to search for oil in West Kanayes concession in the Western Desert, Al Shorouk Reported.
This law was issued according to the law no. 20 of 2005, which was updated by the law no. 121 of 2014.
Worley, a leading engineering group, has been awarded a services contract for upgrading the wastes of Aramco’s Ras Tanura Refinery.
Alexandria Petroleum Maintenance Company (Petromaint) signed a bilateral cooperation agreement with Oil and Gas Skills (OGS) for sharing expertise.
Chevron Global Energy announced that it will acquire the NEXBASE™ brand through signing an agreement with its owner Neste Oyj.
PETRONAS Global Technical Solutions Sdn Bhd (PGTSSB) announced that it has agreed to provide advisory and technical support for Sarawak’s first massive methanol project.
Loading ...| Commodity CMDTY | Units | Price | Change |
| Crude Oil (WTI) WTI | USD/bbl | 83.42 | +1.39% |
| Crude Oil (Brent) Brent | USD/bbl | 85.71 | +1.00% |
| NYMEX Natural Gas | USD/MMBtu | 5.11 | -5.51% |
| OPEC Basket Price | USD/bbl | 82.50 | +0.87% |
Last Modified October 18, 2021
Comments
To comment on this please Login now
Be the first to comment on this