TotalEnergies Eyes Expansion in Egypt’s Energy Sector Amid Promising Investment Opportunities
Minister of Petroleum and Mineral Resources Karim Badawi has held a meeting with TotalEnergies CEO Patrick Pouyanné at the company's headquarters in Paris.
News / Middle East
Petrofac Consortium Wins EPC2 Contract with Sonatrach
The Tinrhert EPC2 Development Project in Algeria has been awarded to Petrofac's consortium with Genie Civil et Batiment (GCB). Petrofac's share of the contract is approximately US$200 million, valued at approximately $300 million.
Aramco, Sinopec Ink Cooperation MoU
Aramco and Sinopec signed a Memorandum of Understanding (MoU) to discuss a variety of potential collaborative endeavors between the two companies.
OPEC+ Approves Modest Rise in Oil Output
At a time when high oil prices and unstable energy supplies have been exacerbated by Russia's war on Ukraine, OPEC and its allies decided to slow production growth in September.
OPEC Secretary General Says Russia’s Membership in OPEC+ Crucial
OPEC's new secretary general stated that Russia's membership in OPEC+ is vital to the agreement's success, Kuwait's Alrai newspaper reported on Sunday.
ADNOC Announces Second Gas Discovery on Eni-operated Concession
ADNOC, Abu Dhabi's national oil company, announced today that it discovered natural gas resources in the first exploration well in Abu Dhabi's Offshore Block 2 Exploration Concession, operated by Eni. It is estimated that a new deeper reservoir contains between 1 and 1.5 trillion standard cubic feet (TSCF) of raw gas.
Petrofac Gets First Hydrocarbons from Tinrhert Field in Algeria
With the safe introduction of the first hydrocarbons for the start-up of production, Sonatrach's Tinrhert Field Development Project in Algeria has reached a major milestone. The development will boost both local and export natural gas production capabilities, enabling economic growth.
TotalEnergies, Veolia Cooperate For Building Largest Solar System in Oman
TotalEnergies and Veolia have signed an agreement to construct the largest solar photovoltaic (PV) system for Oman's Sur desalination plant. Located on the site of the Sharqiyah Desalination Plant, which supplies drinking water to more than 600,000 people in Sharqiyah and the Gulf region, the power plant will generate electricity.
Eni Reports Another Finding in Algeria’s Berkine North Onshore Basin
Today, the Berkine North Basin in Algeria's desert, home to the Sif Fatima II concession, and Eni and SONATRACH report another another discovery.
Chariot Announces Increase in Gas Resources Offshore Morocco
Chariot Limited, the African-focused transitional energy company, announces the results of Independent Assessments of its gas resources offshore Morocco, including results of the recently drilled Anchois-2 appraisal well. A material resource upgrade was reported across the portfolio by Netherland Sewell & Associates Inc. ('NSAI') on the Anchois Gas Field and selected exploration prospects in the Lixus Offshore licence ('Lixus') and the adjacent Rissana Offshore licence ('Rissana').
